May 18, 2020

Covid-19 impact on iron ore market — report

Fitch now expects iron ore production to grow by 0.8% y-o-y in 2020 compared with 4.7% y-o-y in 2019.

May 18, 2020

Sweden reports its biggest ever quake caused by mining in Arctic

Kiruna, the world's biggest underground iron ore mine, has been closed until further notice.

May 18, 2020

Sierra Leone detains five expatriate managers at iron ore mine

The arrests come amid the SL Mining’s legal battle with the government.

May 14, 2020

Vale operating license suspended in Brumadinho

Health agents said the company's activities did not respect the rules of social distancing.

May 14, 2020

Sierra Leone mining revenue sinks

Mining accounts for more than 80% of the West African country's export revenue.

May 13, 2020

Vale to spend $2bn to cut carbon emissions 33% by 2030

Vale previously announced plans to eliminate emissions entirely by 2050.

May 12, 2020

Vale says it’s ‘on right track’ to resume dividend payments

The company suspended dividend payments after the Brumadinho incident last year.

May 12, 2020

BHP sticks with spending strategy, Rio eyes M&A

Prices for iron ore have been relatively resilient and helped boost profits in both firms.

May 8, 2020

Vale sees a ‘very vigorous’ economic recovery in China

Industrial activities in China are practically at their normal levels, says CFO.

May 7, 2020

Rio Tinto dodges emissions cut, but issue unlikely to go away

About 63% of shareholders voted against resolution to set emissions targets for its customers, while 37% voted in favour.