September 24, 2017

UK Labour leader says he’ll invest in former mining towns and steel industry

Jeremy Corbyn, whose Labour Party came second in the 2017 UK general election, has reached out to communities hit hard by the downtown in the coal and steel industries.

September 22, 2017

Anglo’s plan to further expand vast iron ore mine in Brazil hits roadblock

Public prosecutor for the state of Minas Gerais, where the iron ore mine is located, ordered the company to reschedule two public meetings as it had failed to inform of…

September 22, 2017

Iron ore sheds almost 4 pct more — worst week since May 2016

The commodity has fallen every week so far in September.

September 21, 2017

Rio Tinto is buying another $2.5 billion of its own shares

Brings the total to $4 billion for the year.

September 21, 2017

Iron ore’s recent reversal likely the start of longer slide: Russell

As always when prices start to decline after a surge that appeared unrelated to supply-demand fundamentals, the question is will the reverse become a rout and where exactly does fair…

September 20, 2017

Indian billionaire Agarwal to be Anglo American’s top shareholder

He intends to buy as much as 1.5 billion pounds (about$2 billion) worth of additional Anglo American shares.

September 19, 2017

Iron ore price drops through $70

Now Australia's central bank wades into debate about the direction of the iron ore price.

September 19, 2017

BHP Billiton Foundation launches two new transparency projects

BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.

September 19, 2017

BHP’s shareholders to vote whether firm should leave Australia’s top mining lobby group

Investors to vote on the two resolutions submitted ethical investing group ACCR at BHP’s annual general meeting in London in October.

September 19, 2017

Brazil’s Vale to meet debt target before implementing new growth plans – exec

The company is also interested in investing in the electricity sector itself or through a joint venture.