Iron Ore Top Stories

Iron ore price set for biggest weekly drop since February on covid restrictions

Iron ore has fallen around a quarter from this year’s peak in early March as covid restrictions spread.

MINING.COM Staff Writer | May 13, 2022 | 11:22 am

Mining Indaba: Russia-Ukraine war triggers policy shifts, supply chain disruptions

Increased prices for fossil fuels have shifted the conversation, potentially…

Henry Lazenby in Cape Town, South Africa | May 12, 2022 | 5:14 am

Iron ore price at near 4-month low on interest rate, demand concerns

The US Federal Reserve approved a half-a-point interest rate hike,…

MINING.COM Staff Writer | May 10, 2022 | 9:09 am

Mining Indaba: Marampa commissions 3.25mtpa iron ore expansion in Sierra Leone

Iron ore concentrate expansion part of a high-grade Marampa Blue…

Henry Lazenby in Cape Town, South Africa | May 10, 2022 | 4:00 am

Sinosteel signs $690 million deal for Cameroon iron ore mine

The Chinese company signed a 50-year contract with the central…

Bloomberg News | May 9, 2022 | 12:16 pm

Sierra Leone mining revenue sinks

Mining accounts for more than 80% of the West African country's export revenue.

Reuters | May 14, 2020 | 9:05 am

Vale to spend $2bn to cut carbon emissions 33% by 2030

Vale previously announced plans to eliminate emissions entirely by 2050.

Reuters | May 13, 2020 | 9:30 am

Vale says it’s ‘on right track’ to resume dividend payments

The company suspended dividend payments after the Brumadinho incident last year.

Reuters | May 12, 2020 | 10:27 am

BHP sticks with spending strategy, Rio eyes M&A

Prices for iron ore have been relatively resilient and helped boost profits in both firms.

Reuters | May 12, 2020 | 9:08 am

Vale sees a ‘very vigorous’ economic recovery in China

Industrial activities in China are practically at their normal levels, says CFO.

Reuters | May 8, 2020 | 2:58 pm

Rio Tinto dodges emissions cut, but issue unlikely to go away

About 63% of shareholders voted against resolution to set emissions targets for its customers, while 37% voted in favour.

Reuters | May 7, 2020 | 8:41 am

Indian state says NMDC diverted CSR money to Modi’s coronavirus fund

The Chhattisgarh state chief also said the iron ore miner had not paid $134.5 million in remaining penalties over alleged violations.

Reuters | May 6, 2020 | 12:37 pm

Russia questions legality of US-planned moon mining pact

The Kremlin says legal framework for mining on the moon should be examined to make sure it complies with international laws.

Cecilia Jamasmie | May 6, 2020 | 3:45 am

Rio Tinto’s top investors face off over emissions cut plan

Investor advisory groups are divided on whether shareholders should ask Rio to set targets on scope 3 emissions.

Cecilia Jamasmie | May 5, 2020 | 6:18 am

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