Iron Ore Top Stories

Vale raises emergency watch level for its Gongo Soco mine dam after heavy rain

The dam is safe and secure, Vale said, but had been on Level 1 watch due to its proximity to the Sul Superior dam, which remains at Level 3.

Reuters | January 26, 2020 | 1:15 pm

Copper price rout continues as China virus spreads

Copper price down more than 7% since last week as…

Frik Els | January 24, 2020 | 11:00 am

One year after Vale’s Brazilian dam burst, burying Brumadinho

One year ago, a Brazilian dam operated by Vale gave…

Bloomberg News | January 24, 2020 | 9:35 am

Anglo’s fourth-quarter output rises on Brazil mine strength

Company reported a 4% increase in fourth-quarter production.

Reuters | January 23, 2020 | 9:58 am

From mining savior to homicide charges, the fall of Vale’s chief

Fabio Schvartsman was supposed to be the fresh face that…

Bloomberg News | January 22, 2020 | 11:35 am

Mining the Antarctic a big no-no

Costs and challenges for mining the Arctic, meanwhile, on their way up.

Cecilia Jamasmie | November 3, 2014 | 3:39 pm

Mick the Miner in talks to buy Anglo’s assets, no deal tabled

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

Cecilia Jamasmie | November 3, 2014 | 11:30 am

Cliffs Resources officially shutting Canadian Wabush Mines

About 500 workers will lose their job.

Cecilia Jamasmie | October 31, 2014 | 4:38 pm

BHP’s Olympic dam expansion off agenda until prices improve

The miner blamed low metals prices and productivity inefficiencies for the decision.

Cecilia Jamasmie | October 31, 2014 | 11:33 am

Weak iron ore prices cause Vale $1.44 billion loss in Q3

While the miner produced a record amount of iron ore, turmoil in currency and commodity markets overshadowed any production gains.

Cecilia Jamasmie | October 30, 2014 | 3:32 pm

Vale’s CEO shortlisted to be Brazil’s new finance minister

Analysts say only a business-friendly appointment followed by credible action to strengthen the fiscal accounts and control inflation would reassure markets.

Cecilia Jamasmie | October 29, 2014 | 5:02 pm

Space miner loses first satellite in rocket explosion

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

Cecilia Jamasmie | October 29, 2014 | 3:29 pm

Iron ore price sinks as Beijing cracks down on smog

China imposes strict pollution controls ahead of Beijing APEC summit forcing steel mills to cut output.

Frik Els | October 28, 2014 | 11:52 pm

Russia pushes forward plans to mine the moon

The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.

Cecilia Jamasmie | October 28, 2014 | 6:44 pm

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