Australia reassures on China iron ore processing changes

The miner expects to lower production costs to $1.08 per pound during the 2017 financial year, from a projected $1.21 per pound in the year ending June 2016.

Big three close to falling victim to their own scorched earth strategy.

Mining investment in Australia is forecast to fall a further 58% the next three years.

If that sounds bad, then you might not want to hear that the most-active iron ore futures in Singapore sank Monday below $40 a tonne for the first time ever.

Company confirms that the Institute for Water Management in Minas Gerais (IGAM) found levels of arsenic, lead and other toxic elements many times higher than the legal maximums along the river.

The Amrun mine is expected to open in 2019 and initially produce 22.8 million metric tons of bauxite a yera.

The UN’s human rights agency also said the companies did not take enough measures to prevent the disaster.

The company said it would announce a final decision on the matter early next year.

HSBC downgraded the company to 'reduce' from 'hold' and highlighted that Anglo's precarious cash flow situation may force it to cancel its dividend.