December 8, 2020

Big mining stocks make spectacular covid comeback

Early running was made by gold stocks, but large-scale diversified companies and base metal producers have now caught up as iron ore and copper prices rally hard.

December 8, 2020

Minerals and metals demand recovery in 2021 – report

Fitch sees mining and metals capital expenditure improving in 2021, compared with 2020.

December 8, 2020

China’s imports of major commodities show early signs of moderating

Demand growth is moderating and imports may tend to stay around current levels, rather than show some of the dramatic increases from earlier in 2020.

December 8, 2020

Rio Tinto may face a fine when Australia cave inquiry reports on Weds

Even then, in the context of Rio Tinto's $123 billion valuation, the amount was not likely to be material.

December 7, 2020

Steinmetz to face corruption charges at Geneva trial

Israeli diamond tycoon is accused of paying or having arranged to pay $10 million in bribes, in order to obtain mining rights over the vast Simandou iron ore project.

December 7, 2020

Another day, another iron ore price high

Iron ore price jumps again Monday as Chinese imports surpass 1bn tonnes, port stocks fall and steelmakers avoid winter shutdowns.

December 4, 2020

Iron ore prices are going ballistic

Iron ore surges 6% to March 2013 high on Friday as Brazil supply worries, a red hot China economy, and a Beijing-Canberra row convulse seaborne trade.

December 3, 2020

Innu communities sign Reconciliation and Collaboration Agreement with IOC

IOC, majority owned by Rio Tinto, operations are integrated across a mine and processing plant in Labrador City, Newfoundland and a port and stockpile in Sept-Iles, Quebec.

December 3, 2020

Australian inquiry into sacred cave destruction seen recommending mining reforms

The inquiry into the lawful destruction of the 46,000-year-old Juukan Gorge rock shelters is due to report on Dec. 9.

December 3, 2020

Vale’s disappointing iron ore output adds fuel to scorching price rise

The hottest major commodity of 2020 is getting even hotter, with iron ore boosted by news that one of the world's biggest producers will not meet its output targets this…