November 29, 2018

Rio Tinto green lights $2.6B Koodaideri iron ore mine investment

Construction will start next year with first production expected in late 2021.

November 29, 2018

Anglo CEO says investor confidence returns to South Africa

Anglo American mines platinum, coal, diamonds and iron ore in South Africa.

November 28, 2018

Rio Tinto to proceed with $2.6B iron ore mine in Western Australia

Construction for the project will start in 2019, with first production expected in late-2021.

November 28, 2018

Australia’s Fortescue readies first shipment of new mid-grade iron ore

The new product is a major step in the miner's strategy to wring more value from its iron ore after profits halved last financial year.

November 27, 2018

Tacora secures $212m cash to restart Scully mine

The mine has been closed since 2014 when former-owner Cliffs Natural Resources pulled out of Canada.

November 27, 2018

Nigeria awards mining exploration contract to 10 mining, consulting firms

Nigeria, Africa's top crude oil producer, is aiming to diversify its economy by developing other industries such as mining through various incentives.

November 27, 2018

China iron ore hits 4-1/2-month low, steel market under pressure

As steel prices slid, Chinese mills ran up losses for the first time in three years this month, ending years of solid profit margins.

November 26, 2018

Peru stops miners from exploring Rainbow Mountain tourist area

In the case of Rainbow Mountain, those in favor of conservation appear to have won out.

November 26, 2018

Iron ore price craters 8%

Fears over slowing Chinese growth and impact of trade war with the US removes floor under iron ore price.

November 26, 2018

China’s steel slides into bear market; iron ore, coal hit by selloff

China's steel prices tumbled more than 5% to a five-month low as persistent worries over weaker demand pushed the sector into a bear market, sparking a selloff in raw materials…