February 22, 2024

Iron ore boom of the 2000s repeating – this time with critical metals

In a case of history rhyming, critical metal developers sit at the edge of enormous opportunity.

February 22, 2024

Vale’s fourth-quarter profit falls 35% on higher provisions over dam accident

The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share.

February 22, 2024

Nippon Steel’s China assets raise concerns over US deal

The complication for Nippon Steel is that regulators may look unfavorably on whether its acquisition of US Steel could allow more access to US markets for Chinese-sourced steel.

February 22, 2024

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on its De Beers diamond business owing to faltering demand.

February 22, 2024

Anglo American to produce iron ore from Vale’s Serra da Serpentina deposit in Brazil

The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex.

February 22, 2024

Australian iron ore port starts clearing ships ahead of cyclone

Dampier is used by Rio Tinto Group to export iron ore.

February 21, 2024

Fortescue beats on first-half profit, posts strong dividend

Imports to China, the world's largest iron ore consumer, hit a record high last year on strong demand.

February 21, 2024

Rio Tinto board gives go-ahead on Simandou iron ore project

"The board yesterday approved the largest mining project in the world," CEO Stausholm told the Financial Times.

February 21, 2024

In election year, South African mines bleed cash, jobs

The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits.

February 21, 2024

Rio Tinto reports 12% profit drop but returns more cash to investors

The miner said it expects Pilbara production costs to rise in 2024 due to persistent labor and parts inflation.