January 4, 2018 China’s steel futures fall as snow to curtail construction demand Cold weather is expected to hit regions across China in the coming week, bringing snow and rain that may cause disruptions at construction sites, one of the biggest consumers of…
January 3, 2018 Vale is said to be negotiating BHP exit from Samarco venture Vale and BHP Billiton in talks over future of their Samarco iron-ore joint venture, including the possibility of the Brazilian miner taking full ownership.
January 1, 2018 Russia’s Mechel says has enough creditor support for restructure of $1bn loan The company, which is controlled by businessman Igor Zyuzin and came close to bankruptcy last year, circulated the final draft of a restructuring proposal among its creditors.
December 26, 2017 Why Tata Steel wants to expand capacity at its iron ore mines In about four years, Tata may need 13.6 million tonnes of iron ore annually.
December 26, 2017 China halts oil product exports to North Korea in November as sanctions bite Beijing also imported no iron ore, coal or lead from North Korea in November.
December 22, 2017 Africa development body, funds see opportunity in mining infrastructure Africa Finance Corporation has already expanded its debt or equity funding for resources projects from oil into mines, including bauxite scheme in Guinea.
December 22, 2017 BHP to fund $181m for more Samarco dam cleanup BHP has agreed to fund a total of up to $181 m in financial support for the Renova Foundation and Samarco Mineração S.A. (Samarco) until 30 June 2018.
December 22, 2017 Brazilian miner Vale says entering new era of big dividends "Now is the era of the Vale dividends. Vale will become a big payer of dividends if everything goes well," CEO Fabio Schvartsman said on Friday.
December 22, 2017 Chinese steel futures extend gains, track spot prices The most active rebar on the Shanghai Futures Exchange climbed 2.6 percent a tonne by the close, posting its biggest daily gain in more than two months.
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am
