October 7, 2019 Fortescue confirms bid for vast Simandou iron ore deposit Société Miniere de Boke (SMB) and Singapore's Winning, which is Guinea's biggest bauxite exporter, have also submitted offers.
October 4, 2019 Fortescue, SMB-Winning go head-to-head to develop Guinea’s Simandou iron ore Vale had also purchased access to the project data, but did not submit an offer, sources said.
October 4, 2019 Vale considers making low-emission iron if gas prices fall Brazil is in the midst of overhauling its natural gas sector.
October 3, 2019 Higher iron ore imports by India loom as mining leases expire The drumbeat of voices forecasting India could rely more on global markets for iron ore next year is getting louder.
October 2, 2019 Vale expects to mostly finish paying for burst dam by 2021 In securities filings, Vale projected costs from halted operations related to its dam that burst to fall from $3-$4 per tonne of iron ore in the third quarter to $2.5-$3.5…
October 2, 2019 Rise of ethical investing, social license the top risks to miners The mining and metals sector is facing greater scrutiny from end consumers, demanding a transparent, ethical supply chain.
October 1, 2019 Vale receives 82 positive structural safety certificates The miner also said six deactivated high dams still have negative structural stability certificates.
October 1, 2019 India considers extending green permits for mines up for auctions Winning bidders of mines whose leases expire by March 2020 would be able to start operations without delay if the mine has valid environmental and forest approvals.
September 30, 2019 Rio Tinto cancels plans to sell or take public its Canadian iron ore unit Miner failed to settle on a suitable price with potential buyers.
September 28, 2019 Ferrexpo shares tumble after CEO suspected of embezzlement Authorities suspect the company’s billionaire chief Kostyantin Zhevago has been engaged in money laundering and the embezzling of funds from a bank he formerly owned.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
