June 7, 2018 Australia’s Fortescue takes stake in Atlas Iron, may block buyout Fortescue said it had agreed to buy a 15 percent stake in Atlas at A$0.04 per share, or A$55.7 million.
June 7, 2018 Rio Tinto signs JV exploration deal with China’s Minmetals The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .
June 6, 2018 Miners creep through legal minefield as Brazilian scales tip Global miners face a new reality in Brazil as local, judges included, react quicker and more ferociously to legal infractions.
June 4, 2018 U.S. tariffs “unjustified”, Britain’s May tells Trump on call The leaders spoke for the first time since the announcement in a 30-minute call and agreed to discuss the issue further at the G7 summit in Canada later this week.
June 3, 2018 World’s No. 4 iron ore miner wants to diversify its portfolio The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.
June 3, 2018 Talks end with China warning trade benefits at risk if U.S. imposes tariffs China says implementing tariffs will void agreements.
June 2, 2018 Rio Tinto completes sale of Australian coal asset As soon as the sale was completed, Rio received $150 million in cash and is set to get an unconditional cash payment of $50 million due in 12 months.
June 1, 2018 China’s Shandong Xinhai told to cut nickel pig iron output for summit -official Shandong Xinhai has annual nickel pig iron production capacity of around 1.2 million tonnes.
May 31, 2018 Tharisa may join $4.2bn Zimbabwe platinum project Tharisa would join Karo Resources, founded by mining entrepreneur Loucas Pouroulis, in building the mine.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
