MINING.COM

Iron ore slides to seven-month low as trade war fears mount

Iron ore’s starting to buckle after a series of warnings that prices are set to drop amid rising global supply, and as investors fret about the potential impact of escalating trade tensions between the U.S. and China.

Bloomberg News | July 5, 2018 | 12:38 pm

Steel making raw materials hit multi-week lows in China on trade woes

Prices of steelmaking raw materials dropped to multi-week lows on Thursday as a festering trade row between China and the United States kept risk appetite low.

Reuters | July 5, 2018 | 11:28 am

US probe darkens Glencore horizons from Africa to Americas

Investigation is casting a wider net with the addition of Venezuela and Nigeria to its investigation, increasing the likelihood that Glencore’s management will get bogged down in a lengthy legal process.

Bloomberg News | July 4, 2018 | 7:30 am

Former Rio Tinto exec jailed for corruption in China let free

The ex-head of iron ore business in China, Stern Hu, spent almost nine years in a Shanghai prison after a 2010 conviction for corruption and industrial espionage.

Cecilia Jamasmie | July 4, 2018 | 6:54 am

Indonesia extends Freeport operating permit for Grasberg

Indonesia has extended an operating permit for Freeport's Grasberg copper-gold mine while discussions over long-term rights continue.

Cecilia Jamasmie | July 4, 2018 | 3:44 am

Glencore hammered as US requests documents in corruption probe

Shares fell as much as 13% after the miner and commodities trader was told by US Department of Justice to produce documents on Nigeria, Congo and Venezuela.

Cecilia Jamasmie | July 3, 2018 | 3:41 am

China’s Baowu to move some iron, steelmaking capacity to middle and southern regions

China's top steel maker China Baowu Steel Groups move is in line with Beijing's goal push to relocate heavy industries from polluted and crowded regions to places with less environmental pressure.

Reuters | July 2, 2018 | 10:38 am

Chinalco halts Guangxi rare earth operations after environmental lapses

It is not the first time Chinalco, China's biggest state-owned aluminium producer, has run afoul of the country's ever stricter environmental regulations.

Reuters | July 2, 2018 | 6:56 am

Tenaris laying off Canada workers as Trump’s steel tariffs bite

Teneris will lay off 40 workers at its TenarisAlgomaTubes plant in Ontario and adjust output there because of the U.S. tariffs on steel and aluminum imports.

Reuters | July 1, 2018 | 6:37 am

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