MINING.COM

Want to get rich quick? Become an iron ore trader

Forget about precious metals, oil or pork bellies: For commodities traders, iron ore is the new Shangri-La.

MINING.com Editor | May 15, 2012 | 7:13 pm

BHP Billiton puts its money on the iron ore market and China

BHP Billiton Ltd. (NYSE:BHP) is betting on the iron ore market as one of the forces to drive the mining industry in the next decade, especially as developing nations such as China move from investment-led economic growth to consumption-led economic growth.

Cecilia Jamasmie | May 15, 2012 | 4:00 pm

India plagued by problems acquiring foreign mines

India is not China when it comes to successful acquisitions of foreign mining companies, reports the Wall Street Journal.

Andrew Topf | May 14, 2012 | 5:09 pm

Vale’s $4 billion Apolo iron ore project in Brazil jeopardized

Mining giant Vale (NYSE:VALE) is having second thoughts about going ahead with its $4 billion Apolo iron ore project in southeast Brazil, which may be affected by the federal government's decision to create a nature reserve in the area.

Cecilia Jamasmie | May 11, 2012 | 2:42 pm

South African government granted right to appeal in Sishen mineral rights case

A South African court on Friday granted the Department of Mineral Resources and Imperial Crown Trading (ICT) permission to appeal in a complex case for limited rights at Sishen, one of the world’s largest iron-ore mines.

Cecilia Jamasmie | May 11, 2012 | 12:27 pm

20-billion-tonne iron ore mine in Bolivia in jeopardy

Malaysian News Agency Bernama.com reports that a huge iron ore mine in Bolivia may be doomed as a result of conflicts between the proponent and the Bolivian government.

Andrew Topf | May 11, 2012 | 4:51 am

Rio says iron ore to stay strong even as other mining segments ‘come off the boil’

"It's not just resources versus the rest of the economy, it's iron ore versus the rest of resources versus the rest of the economy."

Frik Els | May 10, 2012 | 10:43 pm

Qatar plonks $4 billion on Xstrata and hands Glasenberg another victory

The oil and natural gas rich nation's stake in the coal giant is now 8% with a target of over 10%, providing crucial back for Glencore CEO Ivan Glasenberg to push through the $90 billion merger with Xstrata.

Frik Els | May 10, 2012 | 7:28 pm

Rio Tinto bullish despite Europe woes

Rio Tinto, the world's third largest miner behind BHP Billiton and Vale, is bullish on the demand for commodities despite renewed volatility in Europe and the risk of financial contagion.

Andrew Topf | May 10, 2012 | 5:00 am

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Materials buoy Aussie shares as BHP hits highest since August 2014, NZ at record

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