MINING.COM

BHP admits mistakes in its China, iron ore strategy

CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.

Frik Els | June 5, 2014 | 6:22 pm

Iron ore miner pulls staff after Sierra Leone Ebola outbreak

London Mining tells eight staff at Marampa mine to go home and imposes travel restrictions after deadly fever spreads from neighbouring Guinea and Liberia.

Frik Els | June 3, 2014 | 6:24 pm

Rio: $80 iron ore price means ‘a lot’ of miners will disappear

CEO Sam Walsh: "We are the lowest-cost producer in the world with costs of $20 per tonne; I think we’ll be OK."

Frik Els | June 3, 2014 | 5:48 pm

Iron ore price breaks fall

After unnerving 7% slide last week, iron ore managed to eke out a small price gain Monday.

Frik Els | June 2, 2014 | 11:03 pm

Vale gets green light to restart nickel mine in New Caledonia

After over three weeks of being suspended over a chemical spill into a local river into a local river that killed about 1,000 fish.

Cecilia Jamasmie | May 30, 2014 | 11:15 am

Fight to oust Cliffs board just got real ugly

Casablanca: litigation possible after iron ore miner's board issue "explicit threat to shareholders: vote for the incumbent board or destroy the company".

Frik Els | May 29, 2014 | 8:34 pm

Major new coal projects unlikely to be profitable: Goldman Sachs

The bank analysts say the window for profitable investment in new thermal coal mining and infrastructure capacity “has closed.”

Cecilia Jamasmie | May 29, 2014 | 11:40 am

Iron ore price hits fresh lows as Beijing warns of supply flood

Shares in producers fall after China's powerful central planning agency says country's "high steel demand period has passed" and inventories will stay high.

Frik Els | May 28, 2014 | 9:00 pm

Mining investment in Australia falls again as boom fades

Spending committed by mining and energy companies to start or expand projects fell 14.6% to US$212bn at the end of April from $248bn a year earlier. That is a $36 billion drop.

Cecilia Jamasmie | May 28, 2014 | 11:30 am

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Iron ore prices rebound on spike in China imports

Australia’s Port Hedland iron ore shipments to China jump 10% in August

Billionaire Friedland-backed miner picks up iron ore deposit in Guinea

Australia launches A$12.5m mining research centre

Shipping’s great fuel switch is starting to drive up freight costs

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