November 2, 2018

Russian steelmaker MMK cautious after strong quarter, delays Turkey project

While MMK said it sees stable demand for steel products in its markets, it warns that global steel prices could put pressure on results.

November 2, 2018

China demand for Vale ore to keep price above $90/tonne in 2019 -CFO

What will define Chinese demand for iron ore is continued urbanization, infrastructure investments, auto production.

November 1, 2018

BHP to return $10.4 billion in buyback, special dividend bonanza

BHP had promised to return all of the net proceeds from the $10.8 billion sale of its U.S. shale business to shareholders when the deal was announced in July.

November 1, 2018

Capital-starved mining sector creates ‘buyer’s market’ for investors

Smaller mines and developers who previously found capital through retail investors in public markets are increasingly turning to specialist investors.

October 31, 2018

BHP announces $5.2B share buyback, keeps promise to return US Onshore asset sale proceeds

The world's biggest miner promised in July to return the $10.5 billion in sale proceeds to shareholders.

October 30, 2018

Japan’s JFE, Kobe Steel cut profit outlook on glitches, higher costs

JFE cuts crude steel output plan due to glitches, heavy rains.

October 30, 2018

China machine ‘working very well’ amid stimulus, Rio says

China is on track for an annual record and is supporting consumption of raw materials.

October 30, 2018

BHP cuts China, US growth forecasts on trade tensions

The world’s largest miner has cut its economic growth forecasts for the world's two biggest economies as the superpowers engage in a "lose-lose" trade spat.

October 29, 2018

China mulls stimulus as car sales drop in world’s top market 

To counteract the slowdown, China’s top economic planning body is proposing to halve the tax on car purchases to 5%

October 29, 2018

Rio Tinto sees new-style partnerships as the future

If a community or government wants a bigger share of the pie, they may need to be willing to take on more of the risk.