MINING.COM

Rio Tinto’s iron ore mine expansion gets environmental nod

Approval is subject to conditions, including the protection of national park water resources and endangered ghost bats.

Cecilia Jamasmie | May 13, 2019 | 9:35 am

Back on the menu: Chinese steel mills regain taste for high-grade iron ore

Prices of 65% iron-content ore for delivery to China hit a five-year-peak of $110.5 a tonne on Thursday, while its premium to benchmark 62% ore widened to five-month highs.

Reuters | May 13, 2019 | 9:32 am

Top miners saw positive FY2018

Supported metal prices, debts being slashed, and production efficiency growth were the keys for the good performance.

Valentina Ruiz Leotaud | May 12, 2019 | 8:16 am

Vale hopes to return to 400 million tonnes annual output in 2-3 years, CFO says

At the same time, CFO Luciano Siani said that quickly restarting production was not the company's top priority after the Brumadinho disaster, for which the company was forced to take nearly $5 billion in writedowns in the first quarter.

Reuters | May 10, 2019 | 9:35 am

Amazon rainforest is ours and not yours, Brazil tells the world

The comments coincide with government plans to review existing conservation areas amid growing pressure from mining and agriculture lobbies.

Bloomberg News | May 10, 2019 | 9:27 am

Vale posts $1.64B loss for quarter marred by deadly dam burst

The company had posted a net profit of $1.59 billion in the year-ago period.

Reuters | May 9, 2019 | 3:38 pm

China to tighten steel capacity swapping, boost domestic iron ore output

The announcement follows illegal capacity expansions approved by local governments under the cover of capacity swaps.

Reuters | May 9, 2019 | 12:17 pm

Rio Tinto and Caterpillar to build intelligent mine in Western Australia

Once completed, the mine will have an annual capacity of 43 million tonnes, underpinning output of the Pilbara Blend, Rio Tinto’s flagship iron ore product.

MINING.COM Staff Writer | May 8, 2019 | 6:47 am

ArcelorMittal to cut iron ore output, slash jobs in Bosnia

Output will be reduced by a third to 1 million tonnes and the job cuts will be carried out from September.

Reuters | May 7, 2019 | 9:35 am

First

Last

Fortescue CEO to step down as miner expands green energy push

Iron ore price steady while high inventory dampens 2022 outlook

Iron ore price rally built on China hope, not fundamentals

Mining tycoon Beny Steinmetz arrested in Greece

Brazilian steelmaker CSN, mining subsidiary CSN Mineracao to raise capex

Create FREE account or log in

to receive MINING.COM digests