Mick Davis walks away from Guinea investment vehicle he founded

Lingering difficulties to secure a route to market for Zogota’s iron ore prompted the mining veteran's decision.

Cecilia Jamasmie | September 24, 2021 | 3:53 am

Russia sets new MET tax for metals firms, drops idea of new profit tax

The concept will be revised and will not be introduced at least until 2023.

Reuters | September 23, 2021 | 9:42 am

Iron ore price stable while China prepares for ‘possible storm’

Chinese authorities asked local governments to prepare for the potential downfall of debt-ridden China Evergrande Group, according to the Wall Street Journal.

MINING.COM Staff Writer | September 23, 2021 | 7:57 am

Vale drops prospects rights on indigenous lands in Brazil

In the coming days, the company will file withdrawals and waivers for 15 remaining mining prospects.

Reuters | September 22, 2021 | 10:56 am

Bank of America cuts iron ore price forecasts

For this year BofA has cut its price forecast by 16.6% to $157 per tonne from $188 per tonne.

Northern Miner Staff | September 22, 2021 | 9:28 am

Iron ore price back above $100 after Evergrande debt deal

Iron ore will come under more pressure, falling to $80 to $90 a tonne heading into next year, said UBS Group.

MINING.COM Staff Writer | September 22, 2021 | 8:44 am

Russell: Iron ore makes unruly retreat to more normal price levels

Overall, the market appears to be more in evenly balanced than earlier in the year, when supply was disrupted and China’s steel production was hitting monthly records.

Reuters | September 21, 2021 | 7:56 am