August 13, 2019

Mining billionaire Steinmetz faces trial in Geneva over alleged bribery in Guinea

Swiss prosecutors allege Steinmetz paid $10 million in 2005-2010 to obtain mining rights over the vast Simandou iron ore project.

August 13, 2019

Nautilus Minerals’ plans to mine the seafloor sink deeper

Creditors have voted in favour of liquidating the company.

August 12, 2019

Champion Iron achieves shipping milestone at Bloom Lake

Champion recommissioned the Bloom Lake mine and mill in February 2018, and reached this milestone only 18 months later.

August 12, 2019

Brazil regulator pushes back deadline to close dangerous tailings dams

Brazil's mining regulator on Monday extended the deadlines by up to four years.

August 9, 2019

China iron ore extends losses, logs biggest weekly drop in over 16 months

The most-traded iron ore contract on the Dalian Commodity Exchange, for January 2020 delivery, fell as much as 5.4% to 628 yuan ($89.11) a tonne.

August 9, 2019

Indonesian president seeks input on bringing forward ore exports ban

The ban is about pushing domestic industries to process more mineral ores locally.

August 8, 2019

Rio Tinto CEO defends miner as ‘cash machine’ amid stock retreat

The world’s second-largest miner had been on a roll this year.

August 7, 2019

Sierra Leone reviews mining licenses in industry-wide cleanup

The West African nation has already canceled or suspended permits for assets that were not operational.

August 6, 2019

M3 Metals takes a second look at Block 103

Block 103 has an inferred resource of 7.2 billion tonnes grading 29.2% total iron in the Greenbush zone.

August 6, 2019

China gets more iron ore from Brazil as supply woes fade

Overall, the iron ore market is experiencing a recovery in supply and inventories, and Chinese demand so far is holding up.