Vale set to receive first-ever wind-powered ore carrier

Mineral Resources Minister Gwede Mantashe believes mines on care and maintenance are bad for the economy.

Nigeria will offer a 12.7 billion naira ($41.6 million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday.

Fresh setback for the company’s Solwara 1 project, expected to be the world’s first seabed gold, copper, silver mine.

The ex-head of iron ore business in China, Stern Hu, spent almost nine years in a Shanghai prison after a 2010 conviction for corruption and industrial espionage.

Eike Batista, who was once one of the richest men in the world, was found guilty of bribing former Rio de Janeiro governor Sergio Cabral in exchange for contracts.

Europe warns Trump vehicle tariffs likely lead to counter-measures by its trading partners on $294 billion of US exports.

China's top steel maker China Baowu Steel Groups move is in line with Beijing's goal push to relocate heavy industries from polluted and crowded regions to places with less environmental pressure.

Top iron ore exporter forecasts a return to the $50s as Chinese imports starts annual decline after decades of growth.

Thyssenkrupp's joint venture with Tata Steel - to be named Thyssenkrupp Tata Steel - will have around 48,000 workers and about 17 billion euros in sales.