September 15, 2017

Iron ore price drops as Chinese steel begins to pile up

Chinese steelmakers are producing at record rates before mandated cuts in winter which could result in a steep drop-off in iron ore demand later this year.

September 15, 2017

Rio Tinto’s chief financial officer Chris Lynch to retire in 2018

He joined the company's board in September 2011 and was appointed chief financial officer in April 2013.

September 15, 2017

India’s JSW Steel aims to to increase own iron ore production

The company, India's biggest local steelmaker, aims to be producing 80% of the iron ore needed for its flagship plant in south India in three years time

September 14, 2017

The $10 trillion mineral resources North Korea can’t tap

North Korea may not have proved petroleum reserves, but it's estimated that the secluded belligerent nation sits on reserves of more than 200 minerals—including rare earth minerals—worth an estimated up…

September 12, 2017

Mineral exploration in Australia: Good News

Mineral exploration spending (excluding petroleum), which rose 9.9 per cent in the June quarter to an estimated $437.7 million on a seasonally adjusted basis.

September 10, 2017

The oil market is bigger than all metal markets combined

Ever since the invention of the internal combustion engine, oil has been one of the most crucial commodities on Earth.

September 8, 2017

Copper, iron ore price drops bring mayhem to mining stocks

Is the industrial metals and steelmaking raw materials rally at en end?

September 8, 2017

South Africa’s chamber of mines says sector “in crisis”

South Africa holds the world's biggest reserves of platinum, chrome and manganese, but investment in the sector has dropped in each of the past two years as a result of…

September 7, 2017

EU states at odds over steel tariffs against Russia, Brazil

Steelmakers have accused the four countries of dumping the steel used in construction and machinery so the European Commission, the trade policy watchdog, had set out plans to levy tariffs…

September 5, 2017

China’s Yunnan province starts safety checks on metals plants

Those that do not pass the tests will have to make necessary improvements by the end of December or face closure.