July 31, 2017

Upbeat China data sends iron ore soaring, climbs the most in 8 months

Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since…

July 30, 2017

Mining jobs in Canada to go begging: MiHR report

A torrent of retirements over the next 10 years is poised to wreak havoc on the mining labour market in Canada.

July 27, 2017

Teck’s steelmaking business jumps from $52M to $785M in 2Q

What a difference a year makes.

July 26, 2017

Here’s how to avoid being caught in mining scams

These courses can help you identify and evaluate the risks involved in mining investments before it’s too late.

July 25, 2017

Caterpillar earnings beat estimates, shares hit five-year high

It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it…

July 25, 2017

Kumba resumes divvy thanks to stronger iron ore prices in first half

Shareholders hadn’t received dividends since 2015, when iron ore fell below $40 a tonne amid a global crash in commodity prices.

July 24, 2017

UK Serious Fraud Office launches probe into Rio Tinto over Simandou

"Suspected corruption in the conduct of business in the Republic of Guinea by the Rio Tinto group, its employees and others associated with it."

July 24, 2017

Mosaic joins chorus calling BHP’s Jansen potash mine plan unwise

Mosaic chief Joc O’Rourke also said BHP’s target of 2023 for first production looks unachievable.

July 20, 2017

US steel production falls back in June

After strong start to 2017, US steel output growth for the first six months slows to just 1.3%.

July 20, 2017

South Africa intends to suspend issuing mining rights

South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral…