Iron Ore Mining News

Brazilian court suspends operations at two more Vale dams

Vale has faced growing pressure to prove that its remaining dams are safe.

Brazilian court freezes $260 million from Vale’s accounts

The world’s iron ore producer has faced continued backlash from Brazilian authorities since the deadly mining dam accident that killed around 300 people in January.

Rio Tinto rejects push by activist shareholders to reveal emission targets

Miner has hit back at a push to make it more accountable for carbon emissions produced by its customers, including Chinese steel makers.

Prosecutors seek $13 billion from Vale for environmental restoration

Brazilian prosecutors requested that mining company Vale SA be ordered to guarantee the funds.

Turquoise Hill's 2018 financial results report 250% income jump over 2017

Gold production surged 150% year-on-year to 285,000 ounces, while copper production of 159,100 tonnes marked a 1.1% increase over 2017.

China Jan-Feb refined copper output rises 6.3% year-over-year — stats bureau

Output reached 1.34 million tonnes, the National Bureau of Statistics said on Friday.

Ukrainian government relocates Black Iron's processing plant and tailings facility

The parcel of land proposed by state officials in September 2018 was deemed unsuitable from a social and environmental standpoint.

Sierra Leone sees IMF support as crucial to luring investors

Once one of the great hopes of West African mining, Sierra Leone was hit by the iron-ore price collapse and the Ebola epidemic around the same time.

Mining's dirty secret faces a climate reckoning

Producing a single metric ton of steel in a blast furnace typically releases around 2.3 tons of carbon dioxide, not much less than you’d get from burning a ton of thermal coal for energy.

Brazil government kickstarts efforts to mine indigenous reserves: official

Brazil's government wants Congress to reconsider a decades-old proposal to allow mining in indigenous reserves, which occupy 13% of the country's territory.

Workers put brakes on wrong train in BHP iron ore train derailment-regulator

The train had to be deliberately derailed after it reached speeds of 162 km/hour (101 mph), destroying two locomotives, 245 ore cars and 2 km (1.2 miles) of track.

Mixed signals for China steel and iron ore point to prices drifting lower

More certainty is needed on the demand outlook before prices can lock in a definitive direction.

China iron ore futures hit lowest in March so far on steel curbs

The drop in futures mirrored weakness that has prevailed in the physical market since last week, as steel mills reduced output to comply with anti-smog measures.

Salary not top priority for mining jobseekers – Study

Out of 800 people polled, 40% prioritize work-life balance.

Brazil's Vale removes executives after request by dam burst prosecutors

Vale did not identify the executives or say what relation they had with the operation in Brumadinho, where the Jan. 25 disaster occurred.

Amazon rainforest's riches up for grabs as Brazil to open indigenous reserves to mining

Brazil’s new right-wing government is going ahead with announced changes to current mining regulations, which include a controversial plan to open up indigenous reserves to mining.

Rio Tinto's shares take hit after two analyst downgrades

The hit comes just days after the miner's investors were handed a $4 billion special dividend.

China's iron ore futures fall as anti-smog measures weigh

The level 1 alert, the highest in China's four-tier pollution warning system, has been in place since March 1 and requires steel mills to curb output by 40%-70%.

ArcelorMittal reaches railway deal, resumes output at Bosnia mine

Production at the mine was halted after talks on the deal with the Zeljeznice RS railway company collapsed last week.

Global Mineral Professionals Alliance launches tailings initiative

The members of the Alliance agreed on the urgency of examining tailings from the perspective of disposal and closure.

ABB launches digital portfolio to create the world’s most efficient mines

ABB Ability MineOptimize connects all electrification, automation and digital offerings to optimize all stages in the lifecycle.

MAC releases second edition of tailings and water management guide

The recent collapse of the tailings dam at the Brumadinho iron mine in Brazil underscores the urgent need for effective tailings management.

Brazil minister calls Vale 'important' even as prosecutors probe miner

The world's largest iron ore miner plays an important role in Brazil's economic development.

Never a bad day at the office for Anglo American execs

The diversified miner's CEO Mark Cutifani earned $72,000 per day last year.

Vale fired inspection firm that failed to certify dam: prosecutors

The allegations were contained in a document given to Vale recommending the immediate “temporary removal” of top executives.