Iron Ore Mining News

Why Samarco tailings dam failed

Panel appointed by Vale and BHP release their findings.

Don't go long on iron ore: Aussie bank

Along with gold and silver, iron ore may be a darling among commodities this year, but don't expect the good times to continue into 2017.

Whether Clinton or Trump wins the election, US coal’s future is dark

Whether Clinton or Trump wins the US election, the coal sector will continue its decline, but steel may improve with a Democrat win.

Samarco restart still a year away

World's largest iron ore pellet operation has been shut since November.

Mining has nothing to fear from Fed rate hikes

Study shows commodities have been the best performing asset class during Fed rating hike cycles since 1983 with average returns for industrial metals 44%

Glencore posts worst half-yearly profit since listing in London

Despite a rebound in commodity prices and successful costs cuts, Glencore remained in the red in the six months to end-June.

Iron ore’s rally has its days numbered — Citi

Citi analysts believe the steel-making ingredient will average $51 a tonne in the final quarter of 2016 and fall to $45 next year.

Vale closer to $9 billion Chinese streaming deal – report

Impact on iron ore price uncertain as China's sovereign wealth fund leads investor group to secure portion of Brazilian giant's output for the next 30 years.

Here's what Canada needs to regain leadership in mineral exploration and mining

Mineral and mining industry highlights top priorities at Energy and Mines Ministers’ Conference.

Earth Alive signs exclusive multi-year distribution agreement with Brenntag Canada for its EA1 microbial technology

EA1 is a 100% organic and biodegradable product that uses the latest advances in microbial technology to control soil born dust emanations.

SA's mining leadership needs to grasp opportunities missed in the last commodity boom – SRK

Signs of resurgence in platinum, a stronger gold price and growing coal exports to India should be triggers for South Africa’s mining leadership to grasp the opportunities that it missed in the last commodity boom, according to consulting engineers and scientists SRK Consulting (South Africa).

CHART: China must import more ore

China's domestic iron ore, copper, nickel, zinc, lead and bauxite mining output is slowing dramatically.

Four China charts to turn you into a mining bull

And one that's ultra-bearish.

World’s No. 1 miner BHP Billiton posts $6.4bn annual loss — its worst-ever

Not even counting the $7.7 billion in write-downs and charges, BHP’s underlying profit dropped by a painful 81% to $1.2 billion for the year to June.

$60 iron ore price see Australia, Brazil lose market share

Report shows higher ore prices have encouraged the likes of Iran, Russia and Mongolia to increase shipments to China at faster pace than dominant players.

This chart shows how tough mining conditions still are

Glencore's will continue to curtail production in zinc, copper and other metals – it's clear why.

CHARTS: Maybe India can ignite new commodity supercycle

Rapid, large-scale urbanization will see India's top three cities rival the combined economies of Vietnam, Philippines and Malaysia.

Here is why these mining and metals companies left the TSX

Experts blame increased number of mergers and acquisitions, but there’s more to it, study shows.

Ring of Fire promotional video draws ire

Bikinis.

Mount Polley and Samarco: What can we do to reduce the chances of another tailings disaster?

Recommendations regarding better site investigation procedures, and stricter adherence to tailings management procedures are obvious steps in the right direction.

Ontario Steel goes after US Steel Canada

U.S. Steel Canada —formerly known as Stelco — has been operating under bankruptcy protection since 2014.

Iron ore price soars past $61 per tonne to fresh 3-month high

Iron ore’s resilience in recent months has defied many analysts’ forecasts, as Beijing’s stimulus plans, restocking by Chinese steel mills and historically low port stockpiles have supported prices.

Vale looking to raise $10B through Chinese streaming deal

Vale (NYSE:VALE) is getting more creative in its debt-reduction plans, by bolstering cash flow through a metal streaming arrangement with Chinese companies.

Rio's now mining iron ore for $14.30 a tonne

It's newly approved Silvergrass mine will make its margins even fatter.

Rio cautious on outlook as earnings halve

"The global economy seems stuck in a subdued low-productivity growth pattern," says world's number two miner after reporting lowest earnings in 12 years.