MMG’s half-year loss doubles as covid-19 hits pricesCompany posted a half-yearly loss attributable to shareholders of $158 million, compared to an $81 million loss reported last year.Reuters | August 19, 2020 | 8:28 am
Iron ore price rockets to highest since January 2014China's $680 billion post-pandemic splurge on infrastructure sparks record steel…Frik Els | August 18, 2020 | 12:55 pm
Australia aboriginal group says miners’ use of gag clauses needs reviewThe Banjima people say agreements have stopped traditional owners from…Reuters | August 18, 2020 | 8:43 am
Anglo American set to announce dividend cut next week One of the miner’s worst kept secret may be revealed as soon as Tuesday. Cecilia Jamasmie | December 4, 2015 | 9:01 am
Down again: iron ore sinks below $40 a tonne It hit $39.40 a tonne, the lowest price ever recorded by price assessor The Steel Index (TSI), which began compiling data in 2008. Cecilia Jamasmie | December 4, 2015 | 7:45 am
China’s steel giants lost $11 billion in first 10 months of 2015 That is more than double the profits reaped in 2014. Cecilia Jamasmie | December 4, 2015 | 5:33 am
Rio’s secret weapon for a sub-$40 iron ore price The price of iron fell again on Thursday stopping barely above $40 a tonne, but Rio's new high-grade Pilbara mine will ensure its costs keep falling. Frik Els | December 4, 2015 | 4:05 am
The iron ore price is in free-fall Following a heavy selloff in November, iron ore is down another 7% just this week with no support in sight. Frik Els | December 2, 2015 | 3:35 pm
Rio Tinto unveils one of largest diamonds ever found in Canada The 187.7-carat Diavik Foxfire diamond will be showcased in London before returning to Antwerp for detailed assessment. Cecilia Jamasmie | December 2, 2015 | 8:23 am
World’s two biggest miners walking away from coal, but they are not telling BHP Billiton and Rio Tinto have significantly cut their investments in coal, while repositioning behind the scenes. Cecilia Jamasmie | December 2, 2015 | 6:05 am
Gina Rinehart’s Roy Hill iron ore mine readies for first shipment Roy Hill iron ore mine will soon start exporting the steelmaking material, just as prices hit a fresh seven-year low. Cecilia Jamasmie | December 1, 2015 | 8:05 am
BHP Billiton to slash copper production costs, increase output 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. Cecilia Jamasmie | December 1, 2015 | 3:19 am