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.

October 29, 2018

Rio says Chinalco pact for $1B Simandou stake has lapsed

Rio and Chinalco have decided to explore other options to realize value from the project.

October 29, 2018

Japan steel industry group head worried about signs of slowing China economy

The calm before the storm, potentially.

October 29, 2018

China’s Jiangsu Shagang to stop 9 blast furnaces in Nov

The operation halt at two steel mills is expected to reduce pig iron output of 290,000 tonnes and steel products output of about 160,000 tonnes.

October 29, 2018

Spend don’t splurge, investors tell miners as M&A, capex surges

Capital expenditure among the 10 largest metals and mining companies is forecast to advance to about $35 billion this year, the first annual rise since 2013.