Iron Ore Top Stories

CITIC goes after Palmer’s Mineralogy over iron ore project claims

Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project in Western Australia.

Cecilia Jamasmie | October 23, 2018 | 12:03 pm

Caterpillar plummets after flagging tariffs-triggered high material costs

The world's no.1 heavy machinery maker reported third-quarter earnings that…

Cecilia Jamasmie | October 23, 2018 | 6:42 am

Strike at Shougang’s iron ore mine in Peru halts exports-manager

Some 800 workers, including at the port San Juan de…

Bloomberg News | October 22, 2018 | 12:27 pm

China’s winter pollution cuts may boost high-grade iron ore

The logic is sound: If steel mills are given pollution…

Reuters | October 22, 2018 | 10:12 am

ArcelorMittal declares force majeure for Duisburg-Ruhrort site

Force majeure declared due to the Rhine river's low water…

Reuters | October 22, 2018 | 9:20 am

Iron ore: Who let the bears out?

It's worth remembering that the price of 62% iron ore never strayed from $10 – 14 a tonne for more than 20 years.

Frik Els | October 3, 2012 | 7:49 pm

Rio Tinto to survive the slowdown by making hay

While some miners have ventured in the coffee growing business, others such as mining giant Rio Tinto (LON:RIO) are getting ready to start producing hay.

Cecilia Jamasmie | October 3, 2012 | 4:46 pm

Australia slashes interest rate as mining woes feed fears

In a move that caught more than one investor by surprise, Australia’s Reserve Bank (RBA) announced Tuesday it was cutting its interest rate, prompted by worries of a sluggish mining industry, falling commodity prices and concerns over China.

Cecilia Jamasmie | October 3, 2012 | 3:16 pm

South African strikes spread to iron ore

75,000 miners, or 15% of the sector's workers in South Africa, are now on wildcat strikes.

Frik Els | October 3, 2012 | 2:20 pm

The “boom” might be over but Kiwis still flock to Australia

A record number of skilled New Zealanders involved in trade are leaving their country to take up higher paying jobs in Australia.

Cecilia Jamasmie | October 2, 2012 | 2:09 pm

Fortescue wins eight year court case against corporate regulators

The Australian High Court has ruled in favor of Fortescue Metals Group (ASX:FMG) in a case brought against the mining giant eight years ago by the Australian Securities and Investments Commissions (ASIC).

Marc Howe | October 2, 2012 | 3:41 am

Chinese backing in Labrador Trough softens impact of iron ore plunge

"They all say that the Chinese firms believe the market volatility is temporary, and that pricing should return to $120 or $130 in the coming months."

Frik Els | October 1, 2012 | 4:31 pm

Arrium Mining surges after spurning billion dollar bid

Australian steelmaker and iron miner Arrium (ASX:ARI) has seen its shares surge after rejecting a $1 billion takeover bid for the company's mines and blast furnace.

Marc Howe | October 1, 2012 | 1:55 am

Rio Tinto-OMC $2 billion join venture to be shelved

A 17-year-old agreement to develop about $2 billion worth in iron ore deposits between, mining giant Rio Tinto and state-own Odisha Mining Corporation , is about to be nothing but history.

Cecilia Jamasmie | September 28, 2012 | 5:53 pm

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