Iron Ore Top Stories

BHP and Aboriginal group probe fallen rock shelter in Western Australia

BHP discovered the damage to the site of significance to the Banjima people on Jan. 29, as part of monitoring at its Mining Area C operations.

Reuters | February 24, 2021 | 7:49 am

Fortescue apologizes for clearing land on Aboriginal sacred site

The incident comes come barely a day after BHP reported…

Cecilia Jamasmie | February 24, 2021 | 7:28 am

Brazil Supreme Court rejects Brumadinho victims appeal

Victims argued that the settlement was signed without their participation…

Bruno Venditti | February 23, 2021 | 10:50 am

Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits

Company reported a 40% jump in annual profit, driven by…

Reuters | February 23, 2021 | 8:21 am

Former Australian PM Turnbull joins Fortescue’s green unit

Malcolm Turnbull, who served as prime minister from 2015 to…

Reuters | February 23, 2021 | 8:01 am

Latest Stories

BC Iron tries its luck in the potash industry

Joint venture with Kalium Lakes has added the Carnegie potash project in Western Australia to the company’s increasingly diverse project portfolio.

Cecilia Jamasmie | March 1, 2017 | 3:58 am

Canada’s Saskatchewan and Manitoba are the world’s new top mining destinations

Both provinces displaced Western Australia from the first to the third place thanks partly to their rich mineral reserves, competitive tax regimes, efficient permitting procedures, and certainty surrounding environmental regulations.

Cecilia Jamasmie | February 28, 2017 | 1:55 am

IOC green-lights new iron ore pit in Labrador

The Iron Ore Company of Canada (IOC) is taking advantage of rocketing iron ore prices by pushing forward with its Wabush 3 iron ore mine in Labrador, Canada.

Andrew Topf | February 26, 2017 | 2:49 pm

Vale swings back into the black on soaring iron ore prices

The world's No.1 iron-ore producer recorded a net profit of $3.98 billion in 2016, a significant recovery from a loss of $12.13 billion it reported a year earlier.

Cecilia Jamasmie | February 23, 2017 | 6:20 am

Caterpillar touts automation solutions as top miners swing back to profit

The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep focused on maximizing returns and efficiency.

Cecilia Jamasmie | February 22, 2017 | 9:00 am

Iron ore sharp recovery helps Fortescue nearly quadruple profit

The world's fourth largest miner of the steelmaking ingredient said it also benefitted from declining costs.

Cecilia Jamasmie | February 22, 2017 | 5:50 am

Anglo American not selling assets any more as it returns to profit

The world's number five diversified miner posted its first annual net profit in five years.

Cecilia Jamasmie | February 22, 2017 | 3:10 am

Global steel production is surging in 2017

Up 7% year on year across all regions, supporting rally in iron ore and rebound in coking coal prices.

Frik Els | February 21, 2017 | 11:08 am

BHP Billiton back into the black, pays higher-than-expected dividend

Net profit was $3.2bn for the six months to December 31, compared with a loss of $5.7bn in the same period a year earlier.

Cecilia Jamasmie | February 21, 2017 | 3:10 am

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