MINING.COM

Iron ore price plummets on Chinese black swan talk

Iron ore price drops 3.5% Tuesday to levels last seen during the emergence of the spot market.

Frik Els | December 23, 2014 | 7:18 pm

Atlas Iron to take a $900 million write-down

It said the exact amount of the impairment is subject to forecast iron ore prices, exchange rates and market conditions when assessed on December 31.

Cecilia Jamasmie | December 23, 2014 | 5:27 pm

Australia cuts iron price forecast 33% on ‘structural change’

The severity of the slide in iron ore prices appears to have caught even the top exporting country's Department of Industry by surprise.

Frik Els | December 22, 2014 | 11:54 pm

UK legislators call for an end to forced labour in Eritrea mines

According to the legislators, international mining companies —mainly from Australia, Canada and the U.K— are using the forced labour of Eritreans in their operations.

Cecilia Jamasmie | December 19, 2014 | 6:09 pm

Uranium picks up on Asia’s renewed appetite for nuclear energy

China’s increased reliance on nuclear energy and Japan restarting its reactors are only two of the factors driving prices up.

Cecilia Jamasmie | December 18, 2014 | 6:01 pm

Lucapa Diamond to begin mining at its Lulo project in Angola

In a first phase the miner plans to target high-grade diamond ore bodies, meeting a target of 14,000 bank cubic metres (bcm) per month.

Cecilia Jamasmie | December 18, 2014 | 3:22 pm

Iron ore hits new low after weakest China imports in 16 years

Benchmark iron ore price drops to fresh five-and-a-half-year low after November Chinese imports fall for the first time since 1998.

Frik Els | December 17, 2014 | 8:14 pm

China lowers coal export levies to boost ailing economy

The country will cut export tariffs for coal from Jan. 1 as part of broader efforts to drive economic growth.

Cecilia Jamasmie | December 16, 2014 | 3:00 pm

Deep-sea mining pioneer now hunts for resources in space

Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.

Cecilia Jamasmie | December 16, 2014 | 11:45 am

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