Iron ore price down as Chinese imports fall

Ford CEO Jim Hackett encouraged President Donald Trump’s administration to resolve trade disputes quickly or it could do “more damage” to his company.

After delays caused by adverse weather and fires, Seabridge Gold Inc announced that its summer program is meeting its objectives.

Two major shareholders of Brazilian mining company Vale SA are likely to reach an agreement on Wednesday to pay 2.82 billion reais ($692 million) to Eletron to settle a dispute over Vale shares.

Down 18% in H1.

This deal would help entrench China's position as a serious competitor in global steel markets.

Finnish mining technology company Outotec will pull out of Iran due to the new U.S. sanctions.

The U.S. Treasury in April imposed sanctions against billionaire Oleg Deripaska and eight companies in which he is a large shareholder, including aluminum exporter Rusal, in response to what it termed "malign activities" by Russia.

Blockchain technology and the smart contracts it enables are the next innovations the mining industry needs to adopt in order to improve efficiencies and increase market transparency, a paper published by global law firm White & Case says.

China, the world's biggest consumer of the steelmaking ingredient, has ramped up buying of higher-quality, less polluting grades of iron ore as it battles to clear its notoriously smoggy skies.