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.

July 29, 2019

Where BHP goes on climate change, will others follow?

BHP Group may just have set the template for how resource companies are going to deal with the challenge of climate change.

July 26, 2019

China iron ore rallies as blanket winter steel curbs ruled out

Expectations that the world's top steel producer, will launch more infrastructure projects this year boosted support to the steelmaking raw material.

July 26, 2019

Brazil steelmaker Usiminas plans steel price hike in Q3

Usiminas released quarterly earnings earlier in the day, posting net income of 171 million reais ($45.5 million), reversing losses from a year earlier.

July 26, 2019

Brazil regulator probes Vale CFO over dam burst disclosures

At issue was Siani's alleged failure to "fully and immediately" disclose information about the accident.

July 25, 2019

Anglo plans $1 billion buyback after bumper iron ore profit

The buyback represents a shift for Anglo, which has been focused on repairing its bruised balance sheet and investing in growth.

July 25, 2019

Billionaire Anil Agarwal sells Anglo stake

Volcan was Anglo American's biggest shareholder, with a nearly 20% stake.