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.

September 27, 2019

China now produces 56% of the world’s steel

Chinese production up 9.4% so far this year, despite Beijing's pollution fight and slowing construction.

September 27, 2019

ArcelorMittal to review Canada, Brazil iron assets

Move comes as the world’s biggest steelmaker seeks to cut debt by divesting non-core businesses.

September 26, 2019

Access to water one of miners’ biggest challenges ahead — study

Despite successful efforts to manage water usage more efficiently, tougher environmental rules are increasing miners’ costs and risks, particularly those operating in arid regions or close to populated communities.