Roy Hill Mining News

Australia's Roy Hill says can expand iron ore capacity beyond target

Iron ore miner says it has the ability to expand its production capacity beyond the 55 million tonnes it has targeted.

Australia’s record-breaking mining exports hint of new sector boom

Higher commodity exports delivered a record trade surplus of $3.5 billion in December, the second monthly trade surplus Australia has recorded in nearly three years.

Aussie iron ore magnate Rinehart invests in UK's biggest potash mine

Sirius Minerals’ York mine is expected to be one of the world’s largest in terms of the amount of resources extracted, generating an initial 10 million tonnes of polyhalite per year.

Aussie iron ore magnate Rinehart takes her children to court again

The move comes about 17 months after her children — John Hancock and Bianca Rinehart — won control of the family fund.

Here’s what 50 million extra tonnes of iron ore will do to prices

Prices for the steel-making ingredient are down by 9.8% over a month ago and most of the massive projects expected to come on stream this year are not producing at full steam yet.

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.

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.

Iron ore breaks the $60 per tonne barrier, extending week’s rally to 9%

With this jump, the commodity's gains are close to 9% for the week and almost 40% so far this year.

World’s biggest iron ore port shut as cyclone to hit Australia

BHP Billiton began evacuating workers from its Port Hedland export facilities early Friday.

Goldman forecasts even more pain for iron ore

The bank says prices will remain under $40 a ton for the next three years as China’s slowdown forces the sector into a long period of hibernation.

Aussie billionaire Rinehart wins court battle with Rio Tinto

The mining giant will have to pay her more than $200 million in royalties and court fees.

Iron ore tycoon Gina Rinehart loses $3.8bn legal battle

She lost control of the family trust, which holds almost 25% of iron ore miner Hancock Prospecting.

Chinese miners keep digging for iron ore despite most losing money

The situation, industry officials said Friday, can’t continue for much longer.

What a $200m mine camp looks like

Construction of Roy Hill iron ore mine's 2,000-person village is complete.