Iron Ore Mining News

Caterpillar sees green shoots in mining, but sales far from picking up

The equipment maker is currently spending most of its R&D budget in its digital area, which aims to help miners reduce the amount of machinery needed at operations.

Nickel ore ban in sight in Philippines: Analyst

Duterte's government has also ordered a stop to small-scale mining operations working outside the country's mining co-operatives system, a decision that touches gold miners.

Flashback Friday: The world's scariest mining chart

One year ago the most popular post at MINING.com examined how much longer the bear market in mining would last – compare and contrast.

Peru, Brazil to emerge as Latin America’s new mining gems

Peru’s significant copper project pipeline and Brazil’s competitive iron ore sector will consolidate them as main drivers of investment in Latin America’s mining sector, says BMI Research.

BHP CEO pay cut in half over Brazil disaster

Deadly November tailings dam burst at Samarco iron ore mine and commodity downturn key considerations to slash executive pay.

Here’s what 50 million extra tonnes of iron ore will do to prices

Prices for the steel-making ingredient are down by 9.8% over a month ago and most of the massive projects expected to come on stream this year are not producing at full steam yet.

Rio Tinto is no longer worried about China’s growth

The world’s second largest miner says is now rather “cautiously optimistic” in relation to what China's effect on commodity prices has in store.

Brazil grants Vale license for S11D iron ore mine rail branch

The world's largest iron ore exporter will be able to haul S11D's output to the Port of Ponta da Madeira in Sao Luis.

Not with a bang but a whimper: How commodities may end year

With supply gluts persisting from corn to oil, traders are already gearing up for declines.

Glencore coking coal shipments delayed after Australia train accident

The situation could add further heat to prices that have nearly doubled since the start of August.

Iron ore price: Roy Hill ramp-up pushed into 2017

Australia's largest iron ore mine eases some near-term oversupply fears.

Despite problems SA still represents half sub-Sahara mining

Value of South Africa's mining industry forecast to contract 11.4% in 2016, followed by years of close to zero growth according to new report.

Space mining absolutely viable — NASA expert

The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.

Iron ore price: Vale makes boldest oversupply move yet

S11D is the most recognized four letter word in the iron ore world.

One graph all iron ore price bears should see

"China’s steel use will also reflect its maturing economic structure and consumerization."

Coking coal prices go gangbusters — up almost 150%

The commodity added $14.80 per tonne on Tuesday alone. Its trading now at almost $200 per tonne.

South African mining output falls sharply

PGMs down nearly 10% and manganese production down 24%.

NASA’s latest mission may tell us whether asteroid mining is really a go

OSIRIS-REx will collect samples from an asteroid and return them to Earth, in what it could be a pivotal step for firms currently planning to tap into the space mining business.

Near record China imports can't hold up iron ore price

August shipments third best month on record as price slips to six-week low and BHP warns of new supply pushing prices down further.

Most of those roads and railways that China built were a waste, study

"A firm that systematically makes negative NPV investments will run itself aground."

Iron ore price: Downside risks are building

Iron ore continues to drift lower as hopes of economic stimulus from Beijing fade.

BHP Billiton launches Prospects blog

The blogs will offer views on economics, commodities outlook and individual markets, and broader issues such as policy, governance and our social contribution.

Caterpillar to close Belgium plant, lay off 2000 workers

The possible plant closure, which could cost around 2,000 jobs, is part of a global restructuring plan announced in September that could see CAT cutting as many as 10,000 jobs globally in the coming years.

Anglo's top shareholder to call vote on assets sale plan

South Africa's Public Investment Corporation (PIC), which owns 14.5% of Anglo, believes the mining giant may not realize the full value of its assets.