September 15, 2020

BHP puts top-level salaries on ice

The world's No.1 miner paid its chief executive Mike Henry $6.1 million for the first six months on the job.

September 14, 2020

Iron ore price jumps to fresh 6-year high on China building boom

Iron price above $130 a tonne for the first time since January 2014 as construction leading indicator – excavator sales – surge 51%.

September 14, 2020

Rio Tinto backed CEO after blasts, then watchdog investors revolted

Company still may not be off the hook with investors after it confirmed departing executives will retain incentive payments worth millions of dollars.

September 11, 2020

No fear over Brazil meeting iron ore export demand – secretary

IBRAM projects that the country will export 310 million tonnes in 2020.

September 11, 2020

Rio Tinto heads roll over sacred Aboriginal site destruction

CEO Jean-Sébastien Jacques, iron ore boss Chris Salisbury, and corporate affairs head Simone Niven will have to step down.

September 10, 2020

Carbon emission curves for iron ore, copper, met coal and nickel

Skarn has also created mine-by-mine carbon intensity curves for gold, silver and cobalt, to be published over the coming weeks.

September 10, 2020

Shareholder group seeks Fortescue moratorium on Australian cultural site damage

The miner says the moratorium would disempower traditional owners, and it already has proper procedures in place.

September 10, 2020

BHP 30% by 2030 emissions reduction target fails to impress

The miner has not set goals to cut its Scope 3 emissions — those indirectly generated by end-users.

September 9, 2020

Rio board to debate CEO’s future as pressure mounts over blasts

Rio Tinto faces mounting pressure to respond more strongly to the destruction of ancient Aboriginal heritage sites in Australia.

September 4, 2020

BHP awards tender for LNG-fuelled bulk iron ore carriers

The contract for five Newcastlemax bulk carriers to carry ore between Australia and China was awarded to Singapore-based Eastern Pacific Shipping.