ArcelorMittal’s Ukraine mill searched by security service

Prices for the metal have jumped almost 17% since early May, hitting $2,410 a tonne late July.

A leaked presentation suggests Glencore is very serious about developing one of mining's richest prizes – West Africa's vast Simandou iron ore deposit.

The ex-billionaire will remain the largest shareholder of the firm he founded in 2005.

800m tonnes going into Asian markets that the big four can't displace says 10m tonne per year Pilbara producer Atlas Iron.

Australia’s most successful mining prospector has warned juniors face unprecedented hurdles to bring projects to market as excessive ­regulation and high start-up costs threaten to derail the next leg of the resources boom.

The plunge in iron-ore prices is damping profits at the firm’s mining unit.

But prediction of a rise above $100 a tonne in the "near future" may not be enough for smaller producers as the big three flood markets.

Write-downs also hurt bottom line, yet production robust.

They would be going for the northern portion of the massive iron ore deposit, seized from Israeli billionaire Beny Steinmetz and mining giant Vale in April.