Some in the industry see this move as a prelude to a potentially broader deal with bigger miner Anglo American.
Iron Ore Mining News
Developers want to ease up geologists' work.
Shanghai rebar steel futures dropped nearly 1 per cent.
A former Singapore civil servant recounts how he’s lost almost $36,600 in the implosion of Noble Group Ltd.
Fabio Schvartsman said the company would ramp up annual production to 450 million tonnes only when prices rise.
Brazilian steelmaker Usiminas has hired Banco BTG Pactual SA to sell its 70 percent stake in its mining company.
Companies that make and move things are now a bigger part of Canada’s stock market than those that dig them up.
Russian government ministries have agreed that a proposed windfall tax on metals, mining and chemical companies was inappropriate.
There is little likelihood that Brazil's Samarco iron ore mine, a joint venture between Vale SA and BHP Billiton, will restart operations next year even though it expects to have all of the required licenses.
Going on a crash diet seems great while you’re shedding the pounds. The problem is sticking with it for the long term.
Analysts thought profits would reach $9.27 billion.
LMCH successfully argued that further payment for West Coast coal assets that it sold to Buller in 2010 in a deferred settlement agreement was due because Buller had triggered agreed production levels.
Fortescue Metals said that its annual profit halved as prices for its lower quality iron ore fell.
Anglo Pacific shares were up 2.5 percent by 1053 GMT, while the wider sector had gained 1 percent.
Document proposes replacing the road connecting the mine to a port with a railway, to reduce dust and sediment in the water.
Company is said to have hired Credit Suisse to conduct an auction of its 58.7% interest in IOC.
Canada will consider a safeguard action on seven steel products to protect domestic producers from imports since the United States imposed tariffs in March.
Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries.
Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA will resume partial operations on Monday at its Ipatinga plant after an explosion injured 34 workers.
Like the Soviet Union in the 1970s, China is coming to the end of a long labor-force boom and hoping that an orgy of investment will keep the old magic going while stabilizing its fraying frontiers.
Brazilian steelmaker Usinas Siderurgicas de Minas Gerais said said none of the injuries were severe.
Trump's move sendsReut Turkey's lira currency deeper into tailspin
Rio Tinto, the world's second largest listed mining company, is exploring a public listing of its Iron Ore Company of Canada business.
Zamin Ferrous alleges that the passing of a new mining law turned out to be a major change in the game rules in the South American country.
Samarco, a joint venture of Vale SA and BHP Billiton, expects to obtain next year all licenses needed to resume operations.