April 21, 2016

Iron ore soars past $70 to a 16-month high

The spot price for benchmark 62% fines gained 8.78%, the third largest surge since iron ore pricing first began in May 2009.

April 20, 2016

BHP Billiton cuts iron ore target by 10M tonnes

This would be the first time BHP reports a annual drop in iron ore output since it completed its merger with Billiton in 2001.

April 18, 2016

Iron ore price: Rollercoaster continues with fresh rally

More than 4% rally on Monday stops price just short of $60 on speculation BHP and Rio output will disappoint.

April 18, 2016

BHP, Rio Tinto may axe iron ore guidance — report

Both miners announce March quarterly numbers this week.

April 18, 2016

World’s largest underground copper mine remains shut on heavy rains, mudslides

Chile's Codelco said that it loses about 1,500 tonnes of copper output for each day El Teniente mine remains inactive.

April 17, 2016

Accident suspends work at Guatemala gold mine

A worker is missing following an accident at a Guatemala mine owned by Vancouver’s Goldcorp (TSX:G).

April 14, 2016

Iron ore price reverses as Rio Tinto predicted

Iron ore price drops as outgoing CEO of world's number two producer tells shareholders rally will fizzle out soon.

April 13, 2016

Did BHP just call the bottom of the mining cycle?

CEO Andrew Mackenzie said over the weekend "the commodities fall has stopped". Not only that – after recent rallies six are back in bull markets.

April 11, 2016

Codelco scraps plans for new mine at El Salvador division

Decision would reduce the total investment needed to $600 million from the whooping $3 billion it was originally estimated.

April 5, 2016

Forget about ‘Los Bronces’; that mine is ours — Anglo to Codelco

Codelco is facing mounting internal pressure to acquire Anglo's stake in Los Bronces mine, in which the Chilean miner already has a 29.5% interest.