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.

August 6, 2019

Guinea extends deadline to bid for vacant blocks of giant Simandou iron ore deposit

Potential bidders now have until Aug. 19 to submit proposals in competition for one of the world’s most-fabled mineral deposits.

August 5, 2019

Indonesian official refuses to be drawn on whether iron ore export ban might be brought forward

The ban is aimed at making miners process minerals in Indonesia, a major exporter of nickel ore.

August 5, 2019

Iron ore futures down

Ore for September closed around 7.3% lower at $95.63 a tonne in Singapore. Benchmark spot material dropped to $99.50 a tonne on Monday.

August 5, 2019

Australia wants to streamline resource sector regulation

The Productivity Commission will look at best-practice examples of regulation that will remove unnecessary costs for mining companies.