January 2, 2019

Rio plans to delay ex-CEO’s bonus again amid Guinea probe

Rio said it would postpone any short- and long-term incentives owed to Sam Walsh for a minimum of two years. Rio is now planning to extend that time period.

December 31, 2018

Commodities cap another dismal year as ’19 offers tough test

Raw materials have lost ground amid a flurry of signs the pace of expansion will slow next year.

December 28, 2018

India in talks with US over steel tariff exemption – govt official

"We need to look after the interests of the domestic steel industry"

December 28, 2018

Board of Brazil’s Vale gives CEO Schvartsman another term

Schvartsman, appointed CEO in March 2017 to replace Murilo Ferreira, had been set to end his term in May.

December 27, 2018

Rio Tinto says no job cuts in 2019 due to driverless train project

The $940 million rail project, AutoHaul, is focused on driverless train movement to transport ore and has been in development since 2012.

December 27, 2018

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

December 26, 2018

Dalian coke futures end at 3-week low on demand concerns

Chinese iron ore and rebar contracts, however, edged up on hopes that steel demand will pick up.

December 24, 2018

China’s Minmetals to buy 2.04m tonnes iron ore from Rio Tinto in 2019

Minmetals will purchase Pilbara Blend lump ore that will delivered through 12 cargoes and priced at around $144.94 million.

December 24, 2018

Mining M&A jumps to five-year high

1,349 announced mining deals valued at $86B through December 18, up 60% from 2017.

December 24, 2018

Rio Tinto plans to list Canadian iron ore unit in early 2019

Rio Tinto, the world's second-biggest listed miner, is targeting a valuation of about $4 billion sources tell Reuters.