MinRes’ founder Ellison to exit after internal misconduct probeChris Ellison will leave within 18 months as the board found he used company resources for his personal benefit and evaded taxes.Kristie Batten | November 4, 2024 | 5:03 am
BHP, ABB sign multi-year global framework agreementThis new agreement, says BHP, allows the companies to collaborate…Staff Writer | October 31, 2024 | 12:46 pm
BHP walks back comments about moving on from new Anglo American bidBHP is looking for growth opportunities in the copper sector…Kristie Batten | October 31, 2024 | 12:14 am
Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut The bank cited market oversupply even though demand from top consumers in China is stabilizing. Reuters | September 16, 2024 | 7:25 am
Vale says routine check revealed cracks in dam, stability unchanged In a securities filing, the company said the issue concerns the Forquilha III dam at the Fabrica iron ore mine. Reuters | September 14, 2024 | 4:02 pm
Focus on these stocks: Large undeveloped deposits It’s the geologists living on the edge who could offer early clues about Western Australia's position in this mining cycle. James Cooper | September 14, 2024 | 9:33 am
Nippon Steel bid for US Steel faces Sept. 23 review deadline The deal has become a political hot potato and faces high-profile opponents. Reuters | September 13, 2024 | 5:09 pm
Vitol hires Glencore, Trafigura iron ore traders in metals push The oil trader has been in talks to hire some of Glencore’s iron ore team, and some members have already quit and will be joining Vitol. Bloomberg News | September 12, 2024 | 10:46 am
Iron ore price soars to over one-week high on upbeat seasonal demand outlook Steel demand is expected to return to growth in 2025, ANZ said. Reuters | September 12, 2024 | 6:45 am
Vale sees 10% of its iron ore production coming from tailings by 2030 Last year alone, Vale generated 48.5 million tons of iron ore tailings. Reuters | September 12, 2024 | 6:39 am
Vale expects to close deal over Brazil dam collapse in October Last week, Reuters reported that Vale, BHP and their joint venture Samarco could soon reach such an agreement to pay around 100 billion reais. Reuters | September 11, 2024 | 4:35 pm
Vale raises forecast for 2024 iron ore production amid weak prices The company slightly lowered its forecast for nickel output in 2024. Staff Writer | September 11, 2024 | 9:50 am