June 8, 2018 Australia’s Mineral Resources okays Atlas talks with other potential buyers Move comes a day after Fortescue Metals said it had built a stake in Atlas large enough to block a takeover.
June 7, 2018 Brazil’s President to change mining regulations as early as next week Michel Temer is expected to issue a decree next week introducing key changes to mining rules that date back to the 1960s.
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.
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