November 3, 2019

Billionaire Gina Rinehart wealth swells as family split lingers

The Australian mining magnate's fortune swelled $2.1 billion after her company reported improved financial results on the back of higher iron ore sales.

November 1, 2019

BHP earmarks $44 million for Samarco reopening four years after dam burst

Investment approval comes four years after a deadly dam collapse that killed 19 people and became the worst environmental disaster in the country’s history.

October 31, 2019

Vale triggers emergency protocol at Ouro Preto dam

Three other nearby dams, Forquilha I, II and III, have already been halted because of what the regulator deems as a "Level 2" emergency.

October 31, 2019

Rio Tinto flags higher costs, cloudy Australian aluminium future

Rio, which could become the world's top iron ore producer this year, was beset by weather and operational issues in the first quarter which caused it to cut its annual…

October 31, 2019

A tenth of the world’s tailing dams have had stability issues

This is one of the conclusions from a global inquiry launched after the collapse of a dam in Brazil that killed hundreds.

October 30, 2019

Australia’s Iluka Resources flags possible demerger of BHP royalties asset

The world's largest producer of zircon said on Thursday it was considering a demerger of an asset that earns royalties from a BHP Group iron ore operation.

October 27, 2019

China iron ore futures rise on easing trade tensions, firm demand

China's Dalian iron ore futures rose as much as 2.3% on Monday, the highest in more than ten days.

October 25, 2019

BHP and Vale’s Samarco licensed to restart operations

The news comes four years after the company's tailings dam burst at Germano in Brazil's worst environmental disaster.

October 25, 2019

Vale CEO says not yet time to resume dividends

The company struggles to restore production lost after regulators demanded that it shut down a series of other dams for safety reasons.

October 24, 2019

Vale earnings miss, says to shut 3 more dams

Vale's net profit rose to $1.654 billion from $1.408 billion in the year-ago period, missing the $2.72 billion mean of analysts polled by Refinitiv.