September 5, 2022

Iron ore price climbs after selloffs spurred by China covid woes

The most-traded January iron ore on China's Dalian Commodity Exchange ended daytime trade 4% higher.

September 5, 2022

Sundance says Cameroon breached court order over Mbalam iron ore licence

Sundance has been in dispute with authorities in Cameroon and Congo Republic over the fate of the Mbalam-Nabeba project.

September 4, 2022

Swiss steel mill readies for shorter hours as energy bills soar

Stahl Gerlafingen wants to put staff on shorter working hours to contend with soaring energy bills.

September 3, 2022

Nigeria to pay $496 million to settle claims over steel plants

Global Steel had acquired rights to Nigeria's entire state steel industry via five major concessions and share purchase contracts.

September 2, 2022

Andrew Forrest’s hydrogen unit to speed expansion plans

Analysts have raised questions about Fortescue’s spending on the green unit after the miner last month reported a 40% drop in full-year profit.

September 2, 2022

Vale-BHP nearly double offer in mine disaster settlement

The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and severely polluted the Doce River with mining waste.

September 1, 2022

Moody’s cuts metals price calls amid slowing global growth

Production has lagged demand, and supply chain issues have further disrupted production.

September 1, 2022

Iron ore price down as China’s covid, property woes weigh

Nearly 70 Chinese cities reported declines in new home prices last month.

August 31, 2022

Mining tycoon’s conviction may have cost him billionaire status

Beny Steinmetz was found guilty of bribing public officials in Guinea to secure the concession for the vast mountain of ore worth billions of dollars.

August 31, 2022

AI reveals melting temperature of all known earthly minerals

Prior to this development, less than 10% of the melting temperatures of the 200,000-plus inorganic compounds that have been identified on earth were known.