Few trust official Chinese growth numbers, but new research shows activity across a wide section of the economy accelerated sharply in the first quarter.
Iron Ore Mining News
Vale’s results for the first three months of 2016 makes it the best-performing major iron-ore miner so far this year.
The niobium and phosphates division, which consists of mines, plants, processing facilities, chemical complexes and deposits, was one of Anglo’s more profitable businesses.
China clamps down, but Beijing's record on market intervention is not good and speculative bubbles tend to blow up spectacularly inside the country.
A green group asked the Supreme Court in Queensland to review the environmental approval of the controversial coal mine and rail project.
Beijing clampdown on Chinese commodity markets where six out of ten of the world's most active derivates are now traded doesn't bode well for iron ore price.
With commodity prices falling precipitously during the last 2 years it has been a hard time for both commodity market analysts and commodity exporting countries’ finance ministers.
"It is not clear at this time that the current prices are either sustainable or sufficient".
It was just over a year ago that Tony Simon, President of Seguro Consulting, brought to our attention the initial problem of the zombie miners (definition referred to mining exploration companies that had negative working capital and therefore did not meet the Continuous Listing Requirements (CLR) for the TSX and TSX-V stock exchanges).
Mick Davis's private equity firm not on shortlist featuring Vale, Mosaic and Eurochem for $1.5 billion phosphate and niobium operations in South America.
The new method would allow for specialized plants, which are critical for biodiversity, to be re-established faster around old iron ore mines.
Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.
Full voting results will be released on Friday.
While Queensland's miners axed 22,000 positions between 2013 and 2015, health and community services created new jobs for almost double that number.
The spot price for benchmark 62% fines gained 8.78%, the third largest surge since iron ore pricing first began in May 2009.
Vale says 2016 output will come in at the lower end of expectations, potentially pushing the Brazilian giant to number two in global iron ore rankings.
Iron ore up 12% for the week to $64 a tonne – coking coal rallies to one-year high.
This would be the first time BHP reports a annual drop in iron ore output since it completed its merger with Billiton in 2001.
Up 7.5% over two days as bears run out of explanations.
The world's No. 2 iron ore miner has cut its production guidance for 2017 by as much as 20 million tonnes.
More than 4% rally on Monday stops price just short of $60 on speculation BHP and Rio output will disappoint.
Both miners announce March quarterly numbers this week.
Australia’s indigenous people Wangan and Jagalingou, traditional owners of the land proposed to host the project are challenging it in court.
Afghanistan has reserves of coal, copper, iron ore, zinc, mercury, rare earths, gems such as rubies and emeralds, gold and silver worth about $3 trillion.
Iron ore price drops as outgoing CEO of world's number two producer tells shareholders rally will fizzle out soon.