South Africa's President Cyril Ramaphosa on investment drive.
Iron Ore Mining News
The iron-ore mining company is introducing a targeted dividend ratio policy of 50 to 75% of headline earnings.
Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past 10 years.
Law firm leading the action says it has more than 3,000 investors signed up to pursue the miner for losses.
"Not a typical financing vehicle for non-revenue generating exploration companies."
Contradictory opinions emerging at the G20 Summit.
U.S. iron ore pellet sales volume expectation to increase to 21 million long tons.
From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.
Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining minister said on Tuesday, adding he was confident an agreement would be reached. […]
The commodity’s resilience in recent weeks even as trade tensions flared is a boon for global miners including Rio Tinto Group, BHP Billiton Ltd. and Vale SA, all of which reported bumper production figures this week.
Shares in the miner jumped more than 3% after both quarterly and full-year production rose 3% on improved productivity.
ArcelorMittal Temirtau, will suspend the export of hot-rolled steel coils to Iran due to the re-imposition of U.S. sanctions
Tangshan, China's top steelmaking city, has extended recent emergency pollution control measures until July 21 because of a possible major smog alert.
Rio said it expected iron ore shipments for the year to be at the upper end of its range of 330 million to 340 million tonnes, thanks to productivity improvements and fewer weather-related disruptions compared to Q2 2017.
Iron ore output hit 96.755-million tonnes in the three months to June 30, while pellet output reached 12.838-million tonnes, despite a nationwide truck drivers strike that paralyzed the country in May.
High-grade iron ore may spike to $100 a metric ton as China intensifies a clampdown on pollution by restraining industrial activity.
The autonomous train, consisting of three locomotives and carrying around 28,000 tonnes of iron ore, travelled from Tom Price mine to the port of Cape Lambert
Western Australia's Environmental Protection Authority has green-lighted a 50 to 100-year blueprint for the miner's operations in the Pilbara.
Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.
After two years of at times fraught talks, the two steel firms last Saturday signed an agreement to create Europe's second-largest steelmaker.
Iron ore’s starting to buckle after a series of warnings that prices are set to drop amid rising global supply, and as investors fret about the potential impact of escalating trade tensions between the U.S. and China.
Prices of steelmaking raw materials dropped to multi-week lows on Thursday as a festering trade row between China and the United States kept risk appetite low.
Mineral Resources Minister Gwede Mantashe believes mines on care and maintenance are bad for the economy.
Nigeria will offer a 12.7 billion naira ($41.6 million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday.
Fresh setback for the company’s Solwara 1 project, expected to be the world’s first seabed gold, copper, silver mine.