November 28, 2017

Archaeologists find connection between metalwork and Iron Age feasting rituals

Found during an excavation at Glenfield Park, Leicestershire, the collection is unprecedented in terms of the overall mix of findings.

November 28, 2017

Iron ore will go back to $50, says Goldman Sachs

Analyst Hui Shan said that Goldman’s projections see iron ore falling to $60 a ton in three months, $55 in six and $50 in 12.

November 28, 2017

Tax payments from Minnesota’s iron ore industry show lower production

Taconite-pellet plants and ore-concentrating firms produced 29 million tonnes last year, down from 33 million tonnes in 2015.

November 28, 2017

BHP tightens belt, targets $1.6bn in cost-cutting at Australian operations

The world’s No.1 miner is targeting as much as $1.6 billion in productivity gains at its iron ore, copper and coal units in the country over the next two years.

November 27, 2017

Investors force Rio Tinto to ditch plans to have Mick Davis as chairman

Decision comes in the wake of a full-scale investor revolt led by the Investor Forum, a London-based body representing some of the world’s biggest money managers.

November 27, 2017

Mineral Resources not surprised by Environment Minister’s rejection of its Western Australia project

"This position has remained unchanged for a number of years," the miner said.

November 25, 2017

The race to make mines smarter

SAP touts success with its own AI and predictive analytic tools.

November 24, 2017

Australia’s Clive Palmer wins court case against China’s CITIC

Palmer's Mineralogy claimed it is owed money by CITIC's Sino Iron mine in Western Australia over a failure to agree to a formula for calculating the value of the ore…

November 23, 2017

Dalian coking coal, iron ore extend rally to 10-week high

China's coal imports dropped 21 percent in October as government moves to replace coal with cleaner fuel, iron ore prices followed coal futures higher.

November 23, 2017

Brazilian miners up in arms as lawmakers hike iron ore, gold royalties

They claim it won’t be possible to cut costs enough to offset the higher levies, and warn that some miners may need to pass on this new cost increase to…