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Thyssenkrupp CEO asks to step down, board to meet on Friday

After two years of at times fraught talks, the two steel firms last Saturday signed an agreement to create Europe's second-largest steelmaker.

Bloomberg News | July 5, 2018 | 12:45 pm

Iron ore slides to seven-month low as trade war fears mount

Iron ore’s starting to buckle after a series of warnings that prices are set to drop amid rising global supply, and as investors fret about the potential impact of escalating trade tensions between the U.S. and China.

Bloomberg News | July 5, 2018 | 12:38 pm

Steel making raw materials hit multi-week lows in China on trade woes

Prices of steelmaking raw materials dropped to multi-week lows on Thursday as a festering trade row between China and the United States kept risk appetite low.

Reuters | July 5, 2018 | 11:28 am

S. Africa seeks re-opening of shuttered mines to boost economy

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

Bloomberg News | July 5, 2018 | 6:40 am

Nigeria to offer 12.7 bln naira mining contract to eight firms

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.

Reuters | July 4, 2018 | 11:10 am

Nautilus Minerals tanks on shipbuilding contract cancellation

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

Cecilia Jamasmie | July 4, 2018 | 10:25 am

Former Rio Tinto exec jailed for corruption in China let free

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.

Cecilia Jamasmie | July 4, 2018 | 6:54 am

Brazilian ex-billionaire Batista sentenced to 30 years in jail for bribery

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.

Cecilia Jamasmie | July 3, 2018 | 9:20 am

EU warns US of boomerang effect if Trump imposes car levies

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

Reuters | July 2, 2018 | 10:40 am

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London judges reverse course to reopen $7bn Brazil dam lawsuit against BHP

Russell: Iron ore stumbles as rising supply runs into China steel discipline

Iron ore price regains ground as China steel margins recover

Climate scientists begin key report as G20 failed to reach phase-out coal deal

Record profits and blockbuster dividends: Here come the miners

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