Iron ore's demand-driven price surge last year is increasingly looking like an aberration as supply factors once again start to weaken the price outlook.
Iron Ore Mining News
Australia's Atlas Iron, which narrowly escaped collapse when iron or prices crashed in 2015, has deferred construction of a new mine, citing weak prices for the steelmaking commodity.
Brazil ministry wants to open border regions to foreign miners. Amazon-basin area about the size of Alaska could be affected.
New Citigroup report predicts low $40s by end of the year, early 2018.
The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser
Up to 130 jobs could be created in Ohio at a new iron ore processing facility to be operated by Cliffs Natural Resources (NYSE:CLF).
A consortium of companies including Korean steel juggernaut POSCO has made a bid for Arrium, a major Australian iron ore miner and steelmaker.
Workers at the mine downed tools over a week ago, angered by the company’s actions to eradicate illegal miners from its operations.
The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.
Miners at the closed-down Wabush Mines in Labrador could be back on the job thanks to the recent signing of a collective agreement with the union.
The $338 million-project will take annual mine capacity from 5 to 10 million tonnes.
Is the bad and the ugly over and the good returning to the mining industry? PwC seems to think so.
World’s top miner BHP seeking partners for vessel automation
Stuart Chambers, 61 and former chairman of UK chip designer Arm, will join Anglo as a non-executive director in September, replacing Parker in November.
Fortescue’s Power says rebar prices have jumped after closures
Despite opposition from organizations ranging from the United Nations to green groups and locals, work on the multibillion-dollar mine is expected to begin by September.
Timeline-wise, the world's largest miner expects to achieve that goal in about 50 years.
Ex-executive takes stand after saying last week he wouldn’t
Up 2% on Friday as traders weigh impact of outage at BHP's largest iron ore mine in West Australia.
The global glut in iron ore will not be helped by an investment by Rio Tinto to develop its Koodaideri iron ore deposit in Western Australia.
43m tonnes per year Mount Whaleback mine in the Pilbara produces the world's number three iron ore miner's highest grade ore.
A second vessel contracted to haul iron ore for Brazilian miner Vale SA was delayed for repairs following the loss of a similar ship that mysteriously sank en route to China leaving 22 people presumed dead.
Mining companies in South Africa have been frozen out of consultation over regulatory changes that could dilute shareholders, raise costs and impose new levies to fund community development.
Steelmaking material dropped to $57.02 a tonne, marking a fresh seven-month low, as large stockpiles continue to weigh on the market.
Iron ore's transformation from a relic of the industrial age to the driving force behind a commodity supercycle that reshaped the global economy.