If the steel-making material loses another $2 a tonne, it will be the lowest since October 2009.
There’s a death match among iron ore producers, with the big Australian miners and Brazil's Vale increasing pressure on their high-cost Chinese rivals.
In a letter to China's ambassador to Australia, Clive Palmer expressed regret for "any insult to the Chinese people caused by any of the language" he used.
World's largest primary silver mine by annual production is BHP Billiton's.
Who were the top earners in 2013?
Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.
Clive Palmer has come under fire for labelling the Chinese government “mongrels” and “bastards” on national television.
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Australia's non-bulk mining industry "will die without a strong pipeline of projects moving to development stage," says study.
World's number one miner hopes to save $3.6 billion spinning off aluminium, coal, manganese, nickel and silver assets into new company.
The division contributed just $746 million of the $21.12 billion earnings BHP reported for the 2013 financial year.
Speculation is of a new Perth-based company with current CFO Graham Kerr at the helm housing non-core assets including Australian lead-silver mine.
Decision to to lob off Billiton assets could come as early as next week.
More than half country's iron ore shipped via export hub.
A leaked presentation suggests Glencore is very serious about developing one of mining's richest prizes – West Africa's vast Simandou iron ore deposit.
The potential mine could generate $2 billion worth of royalties for the province over the course of 40 years, and sustain close to 600 jobs.
The deposit in the south of Guinea boasts 935 million tonnes of 63.5% direct shipping ore.
But prediction of a rise above $100 a tonne in the "near future" may not be enough for smaller producers as the big three flood markets.
Write-downs also hurt bottom line, yet production robust.
No signs of production slowdown in major coal-exporting countries.
Division encompasses the Spence and Cerro Colorado copper mines.
The company revealed it will take four years to trial a processing method it hopes will help make the expansion profitable.
Improvements at the mine mill throughput and concentrator utilization offset declining ore grades at the world's largest copper mine.
The 70 million tonne-a-year project in the Pilbara is meant to replace other Yandicoogina’s areas that are running out of ore.
BHP’s major vote of confidence in iron ore proves the company trusts it can mine the bulk commodity for less than many rival producers, and thrive even in an environment of weakening prices.
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