Vale has focused on sales of better quality iron ore, mostly from its S11D project in Pará state, as demand for the cleaner and less polluting product rises in China, its main market.
Iron Ore Mining News
The company hired BNP Paribas to coordinate a $400 million sharia-compliant loan financing.
It is "absolutely critical" that Europe protect itself with measures to restrict imports of steel and remedy weaknesses in its existing system.
The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.
Often cited as a market indicator for economic health, the metal has been under pressure since the summer, threatening to unwind a three-year rally.
Global capacity utilisation in the steel sector has risen to 76% this year from 73% last year, indicating excess capacity in the sector is shrinking.
Supply scarcity and the resulting price volatility are the two biggest hurdles to vanadium's potential bright electric future.
Changes to Brazil’s 50-year-old mining regulations also came in effect Wednesday and include measures that make the country’s industry more competitive and sustainable.
Relief that an escalation in the trade war between the US and China has been avoided – at least for now – sparked a huge rally in mining stocks on Monday.
It’ll be an important week for iron ore, which has been badly beaten up in November.
On the positive side, the Andean country's iron ore production grew by 66.8% when compared to the previous year.
Albuquerque, 60, will tackle offshore oil licensing rounds and planned energy privatizations.
The project, valued at €150m, is expected to create many opportunities for Western Australian suppliers.
The Saldanha export line carries iron ore sourced mainly from Kumba mines from the Northern Cape province to the Saldanha port in the Western Cape.
Construction will start next year with first production expected in late 2021.
Anglo American mines platinum, coal, diamonds and iron ore in South Africa.
Construction for the project will start in 2019, with first production expected in late-2021.
The new product is a major step in the miner's strategy to wring more value from its iron ore after profits halved last financial year.
The mine has been closed since 2014 when former-owner Cliffs Natural Resources pulled out of Canada.
Nigeria, Africa's top crude oil producer, is aiming to diversify its economy by developing other industries such as mining through various incentives.
As steel prices slid, Chinese mills ran up losses for the first time in three years this month, ending years of solid profit margins.
In the case of Rainbow Mountain, those in favor of conservation appear to have won out.
Fears over slowing Chinese growth and impact of trade war with the US removes floor under iron ore price.
China's steel prices tumbled more than 5% to a five-month low as persistent worries over weaker demand pushed the sector into a bear market, sparking a selloff in raw materials iron ore and coking coal.
Over its almost 18-year mine life, Santo Domingo is expected to produce an average of 134-million pounds a year of copper, 4.2-million tonnes a year of iron concentrates and 17,000 annual ounces of gold.