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.

October 25, 2018

Vale expects jump in base metal performance in 2020

Brazil's Vale, the world's largest iron ore producer, is seeking out small high-return acquisitions that are related to the miner's current assets.

October 25, 2018

Surging US steel helps iron ore price to 9-month high

Global steel production stays strong in September with Chinese furnaces blasting at near record pace and US output surging 9%.

October 25, 2018

Amazon’s mining treasure at stake as Bolsonaro leads Brazil vote

Jair Bolsonaro is on the cusp of winning Brazil’s presidency, leading the latest polls by double digits, and the mining community is salivating.

October 24, 2018

Australia’s Fortescue Q1 shipments fall 8.6%

The company shipped 40.2 million tonnes in the September quarter, compared with 44 million tonnes a year ago

October 24, 2018

Brazil’s Vale misses 3rd qtr income estimate, revenue rises

Brazil's Vale SA , the world's largest iron ore producer, on Wednesday posted $1.408 billion in third-quarter net income, below the 2.23 billion a year-ago.

October 24, 2018

Steel wheels from China dumped in US market

The commerce department, has instructed US border officials to collect cash deposits at a margin of 231.7 percent

October 24, 2018

Amazon’s mining treasure at stake as Bolsonaro leads Brazil vote

The mining community is salivating.

October 23, 2018

CITIC goes after Palmer’s Mineralogy over iron ore project claims

Aussie mining tycoon Clive Palmer is being sued by China’s largest conglomerate, CITIC, over his alleged “refusal” to co-operate in making more land available on a major iron ore project…

October 23, 2018

Caterpillar plummets after flagging tariffs-triggered high material costs

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the…