MINING.COM

Australia’s $6.5bn Oakajee project backer holds long record of shady businesses

The Oakajee port and rail project has the potential to become one of the major suppliers of Australian iron ore to Asia.

Cecilia Jamasmie | April 22, 2014 | 2:15 pm

Barclays is the next big bank pulling out of commodities: report

The English bank is planning to sell large parts of its metals, agricultural and energy business.

Cecilia Jamasmie | April 20, 2014 | 7:35 pm

One more reason iron ore price won’t stray too far from $120

Beijing's strategy to consolidate the domestic iron ore industry under six to eight large miners has been met with skepticism.

Frik Els | April 18, 2014 | 9:15 pm

China, Japan and ‘mystery local billionaire’ potential developers of Oakajee project

While the WA government is favours Chinese capitals, Australian junior Padbury Mining says it has secured $6.5 billion to take over the project, but refuses to reveal backer's name.

Cecilia Jamasmie | April 17, 2014 | 5:02 pm

Guinea government to strip Vale, BSGR of all Simandou rights

The West African nation is ready to withdraw the mining permits held by VBG, a company run by BSGR and Vale.

Cecilia Jamasmie | April 17, 2014 | 2:20 pm

Fortescue misses expectations, vows to step up output to meet target

Australia's third biggest iron ore miner won’t give up on its full year export target of 127 million tonnes.

Cecilia Jamasmie | April 16, 2014 | 3:09 pm

Chile’s main iron-ore producer to invest $650 million this year

The biggest chunk of the investment will be allocated to CAP's Cerro Negro Norte operation in the country's north.

Cecilia Jamasmie | April 16, 2014 | 2:34 pm

Brazil’s iron miners risk losing market share to Australian competitors

Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.

Cecilia Jamasmie | April 16, 2014 | 10:48 am

Rio Tinto iron ore output hit by bad weather in Australia, Canada

Production of the steel-making material, however, increased by 16%, which means the miner is on track to meet its full-year target.

Cecilia Jamasmie | April 16, 2014 | 10:23 am

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Sierra Leone reviews mining licenses in industry-wide cleanup

M3 Metals takes a second look at Block 103

China gets more iron ore from Brazil as supply woes fade

Guinea extends deadline to bid for vacant blocks of giant Simandou iron ore deposit

Indonesian official refuses to be drawn on whether iron ore export ban might be brought forward

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