May 7, 2019

BHP hit by $5 billion lawsuit over 2015 dam failure in Brazil

The group action suit describes in detail a series of failures and errors of judgment over several years leading to the collapse of the Fundão tailings dam in 2015, owned…

May 6, 2019

Vale says court halts Brucutu iron mining operations

World's top iron ore miner guides down production again for 2019 after earlier decision is reversed.

May 2, 2019

Brazil’s Vale asks court for inspection firm documents on burst dam

Vale argues that if the German inspection firm TÜV SÜD had not fulfilled its contract it could be held responsible.

May 1, 2019

Australia iron ore exports rebound in April, but not enough

Australian exports were about 69.1 million tonnes in April, up 20% from 57.5 million tonnes in March.

May 1, 2019

GFG to spend up to A$100m on Australian copper, iron ore developer

GFG is building up a South Australian franchise to its global steel and energy business.

April 29, 2019

UK regulator drops big companies from responsible-payment list

Five firms, including BHP, were removed from the Prompt Payment Code, an initiative to speed up settlement of invoices owed to suppliers.

April 29, 2019

Vale shareholders push to loosen company control over board elections

Minority shareholders of Vale SA have enough votes to request that board members be elected independently using a cumulative voting system.

April 28, 2019

China’s iron and steel association warns on over-capacity, shrinking profits

The country's sprawling steel sector, which has cut 150 million tonnes of steel production over the past three years, was "far from achieving its tasks" amid Beijing's supply-side reforms, the…

April 28, 2019

Still a way to go to achieve gender balance in the mining industry

According to the Responsible Mining Foundation, most of the companies assessed show little or no evidence of efforts to strengthen the gender balance of their leadership and governance teams.

April 28, 2019

Iron ore miners should take advantage of high prices and improve their credit scores: Fitch

The credit ratings and research division of the Fitch Group says producers should take advantage of the current environment of lower supply, healthy demand and higher prices.