February 14, 2022

Vale backs out of $1.2 billion bribery trial against Beny Steinmetz

The mining giant backed out after its lawyer told the High Court on Monday that its claim was brought out of time.

February 14, 2022

Iron ore price retreats as China seeks to cool rally

China's Dalian Commodity Exchange announced an increase in the transaction fee for iron ore futures contracts for February to May deliveries.

February 14, 2022

Rio Tinto seals heritage protection plan for iron ore project

The agreement with the Yinhawangka Aboriginal Corporation will ensure that significant social and cultural heritage values are protected.

February 13, 2022

Giant miners to see record profits slip as cost pressures bite

The top-five western diversified mining companies may see combined 2021 second-half earnings of $73 billion.

February 11, 2022

Iron ore price plunges after China regulators’ new warning

China Iron and Steel Association said some companies involved in iron ore businesses had "violated business ethic" by issuing and hyping fake information.

February 11, 2022

New Rio Tinto chairman to weigh CEO’s future amid toxic culture crisis

Dominic Barton could remove Jakob Stausholm if he decides Rio would be better served by a leader who was not in the upper echelons of the organization in recent years.

February 10, 2022

Vale disappointment keeps Rio Tinto as world’s top iron producer

Vale was expected to overtake its main rival in the fourth quarter, but reported a disappointing 82.5 million metric tonnes of production.

February 10, 2022

Miners say Western Australia border closure may take further toll on labour, output

The state is home to mines that provide about 30% of the world's iron ore and 70% of China's imports.

February 10, 2022

UN advisers urge Sweden to stop mine in home of indigenous Sami

British company Beowulf Mining has sought a license for an iron ore mine and the Swedish government will announce its decision in coming months.

February 10, 2022

Researchers develop ICP-coring system for deep mining

A new coring system has the potential to obtain and test "living" samples from the deep earth.