August 2, 2019

China iron ore falls most in 4 weeks amid Vale optimism, demand concerns

Worries about demand for steel products also weighed on iron ore.

August 2, 2019

South African miners to deliver tax windfall after metals rally

Royalty payments are estimated to climb 70%.

August 2, 2019

Sierra Leone cancels major mining licences

Tonkolili has challenged the decision in the country's high court.

August 1, 2019

Simandou tender likely to be opaque

Nominally transparent tender for iron ore concession raises eyebrows among miners.

August 1, 2019

Vale CEO hopes to wrap up global dam burst settlement by year-end

On Wednesday, Vale reported a $133 million quarterly loss, confounding analysts expectations of a $2.84 billion profit for the period.

August 1, 2019

Iron ore prices help Rio Tinto fork out $1bn dividend, despite Oyu Tolgoi setback

Despite being its best half-year earnings since 2014, net profit dropped by 6% to $4.13bn as it wrote down $800 million from its investment in the Mongolian mine.

July 31, 2019

Vale posts loss after surprise new dam burst charges

The Brazilian miner reported a second-quarter net loss of $133 million after a year-ago profit of $76 million.

July 31, 2019

Samarco poised to reclaim mining license lost after accident

The venture, jointly owned by Vale and BHP, has already reached an agreement with the regulator and could get formal permission to operate as soon as mid-September.

July 31, 2019

Champion Iron breaks records at Bloom Lake

During the first quarter, Bloom Lake delivered almost 2 million wet metric tonnes of high-grade iron ore concentrate.

July 30, 2019

China iron ore hits 2-week high as tight supply back in focus

Chinese iron ore futures rose more than 3% on Tuesday, extending gains for a fourth straight session.