Iron Ore Top Stories

Guinea iron ore prospectors set sights on ArcelorMittal rail

The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares its railway.

Reuters | June 5, 2019 | 9:28 am

Vale creates role of safety czar after two deadly dam collapses

Brazilian mining giant Vale SA said on Wednesday it had…

Reuters | June 5, 2019 | 9:09 am

Top 40 miners’ good performance not enough for investors — report

According to PwC, investors seemed unimpressed last year, as market…

Valentina Ruiz Leotaud | June 5, 2019 | 7:08 am

Steinmetz’s BSGR bankruptcy fends off Vale’s $2B award

Billionaire Beny Steinmetz’s mining company has sought bankruptcy protection in…

Bloomberg News | June 4, 2019 | 3:02 pm

Venezuelan ministers say Pemón tribe supports Mining Arc, NGOs disagree

Two ministers met with captains from the Indigenous tribe, however,…

Valentina Ruiz Leotaud | June 4, 2019 | 7:01 am

World Bank: China to overtake US as biggest economy THIS YEAR

New study based on purchasing power parity sees Chinese economy overtaking US this year. India leaps from 10th to 3rd.

Frik Els | April 30, 2014 | 6:28 pm

War of Titans: Rio Tinto suing Vale over iron ore rights in Guinea

Analysts say it could be the single biggest litigation in mining history.

Cecilia Jamasmie | April 30, 2014 | 5:00 pm

Padbury Mining walks away from $6.5bn Oakajee iron ore port and rail project

Oakajee could have enable the region's iron ore miners to be one of the major suppliers of the steel-making material to Asia.

Cecilia Jamasmie | April 30, 2014 | 1:27 pm

Aussie iron ore miner wins approval despite alleged risks for Tasmanian devil

The decision comes only a few days after a prominent wildlife biologist said the presence of extractive companies in the Tarkine will have minimal impacts on the endangered animal.

Cecilia Jamasmie | April 29, 2014 | 1:11 pm

Canada’s Ontario to invest up to $1bn in Ring of Fire

The province is asking the Federal government to match the funds.

Cecilia Jamasmie | April 28, 2014 | 7:33 pm

Iron ore price plunges to 6-week low, producers hammered

Iron ore price drops 2.2% as stockpiles in China surge to new record and worries over country's property market mounts.

Frik Els | April 28, 2014 | 7:21 pm

Mick Davis wants BHP’s coal division to be cornerstone of his new mining empire

Davis’ X2 Resources has already built a war chest of almost $4 billion and is believed to be asking JPMorgan for US$8bn loan to back up a formal offer to BHP.

Cecilia Jamasmie | April 28, 2014 | 2:04 pm