India’s top mining, steel groups warn of adverse impact from export duty hikes

The government announced on Saturday that export tariffs on new iron ores and concentrates would be raised to 50% from 30%.

Reuters | May 24, 2022 | 8:04 am

BSGR to pay Guinea $5.6 million after losing case over Simandou

The World Bank’s ICSID ruling comes eight years after BSGR launched arbitration proceedings against Guinea for alleged expropriation of the asset.

Cecilia Jamasmie | May 24, 2022 | 4:19 am

China stimulus, supply worries fire up iron ore

There are several factors that suggest a renewed rally is on the cards, writes Clyde Russell.

Reuters | May 23, 2022 | 9:46 am

Africa’s domestic mining sector not severely impacted by sanctions against Russia – report

The Economist Intelligence Unit says Russian mining activities in Sub‑Saharan Africa will be impacted by sanctions but without having a serious negative impact on domestic mining sectors.

Valentina Ruiz Leotaud | May 22, 2022 | 11:55 am

Indian steelmakers face hit on Europe deals over export tax

Indian steel firms could be forced to cancel European orders after an overnight decision to impose export taxes on steel products.

Reuters | May 22, 2022 | 10:01 am

Iron ore price up as Chinese banks cut interest rate

Chinese banks cut a key interest rate for long-term loans by a record amount on Friday.

MINING.COM Staff Writer | May 20, 2022 | 10:20 am

BHP still sees room to negotiate with Samarco’s creditors

Samarco became unable to pay its $10.2 billion debt after its waste dam collapsed in 2015, killing 19 people.

Bloomberg News | May 20, 2022 | 6:54 am

Sinosteel signs $680m iron ore mine deal with Cameroon

Company will develop the Lobe iron ore mine in the central African nation.

Reuters | May 20, 2022 | 6:37 am

Samarco’s financial creditors plan to take over the company

Vale and BHP are expected to ask the court for the right to vote on the plan. If not allowed, the creditors' plan could be easily approved.

Reuters | May 18, 2022 | 4:35 am

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