February 27, 2018

Atlas Iron reveals strategy to weather storm of discounts

2017-2018 shipment volume and cost guidance was set last August in 9 million-10 million wet tonnes.

February 27, 2018

Brazil’s Vale 4th-qtr profit misses as costs rise, forex weighs

Vale said in a securities filing that net income totaled $771 million, compared with an average consensus estimate of $2.537 billion.

February 26, 2018

Venezuelan government defends Mining Arc, environmentalists say it’s not working

Very few of the 150 companies who expressed interest in investing in the Mining Arc actually presented concrete offers.

February 26, 2018

Iron ore price jumps to 10-month high

China's war on smog benefitting exporters of high-quality ore as domestic steelmaking output cuts are extended.

February 26, 2018

Unloved platinum stocks show promise for $45 billion manager

Some platinum stocks are looking attractive again as oversupply that depressed prices for years subsides.

February 26, 2018

Shipping gauge shows iron ore, copper prices heading for fall

CHART: Baltic Dry Index has plummeted 32% since December, opening up huge gap to closely correlated industrial metal prices.

February 22, 2018

Anglo American ‘shows off’ — doubles profits, halves debt, pays highest divvy in a decade

Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.

February 22, 2018

Canada the world’s overall top mining destination, despite Saskatchewan fall

That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year.

February 21, 2018

Miners rich in cash are aiming for fat dividends, debt payments

The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.

February 20, 2018

Fortescue Metals half-year profit plunges 44%

Fortescue Metals was hit by weak prices for its lower quality iron ore, and said it remains focused on cutting costs, including lining up cheaper debt.