June 22, 2017

Australia’s Atlas defers new iron ore mine over price falls

Australia's Atlas Iron, which narrowly escaped collapse when iron or prices crashed in 2015, has deferred construction of a new mine, citing weak prices for the steelmaking commodity.

June 22, 2017

After rainforest victory for Brazil’s environmentalists, a mining battle looms

Brazil ministry wants to open border regions to foreign miners. Amazon-basin area about the size of Alaska could be affected.

June 20, 2017

Miners punished as iron ore price resumes decline

New Citigroup report predicts low $40s by end of the year, early 2018.

June 15, 2017

BHP Billiton announces new Chairman

The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser

June 15, 2017

Cliffs picks site in Ohio for $700-million iron ore plant

Up to 130 jobs could be created in Ohio at a new iron ore processing facility to be operated by Cliffs Natural Resources (NYSE:CLF).

June 15, 2017

Korean consortium bids for Australian iron-ore giant Arrium

A consortium of companies including Korean steel juggernaut POSCO has made a bid for Arrium, a major Australian iron ore miner and steelmaker.

June 15, 2017

More than 1,500 workers fired at Sibanye’s Cooke mine over strike

Workers at the mine downed tools over a week ago, angered by the company’s actions to eradicate illegal miners from its operations.

June 15, 2017

South Africa just hiked black ownership rules, miners getting crushed

The country will require local miners to be 30% black-owned and has set a 12-month deadline for them to comply with the new rules.

June 13, 2017

U.S. company signs collective agreement to restart Wabush Mines

Miners at the closed-down Wabush Mines in Labrador could be back on the job thanks to the recent signing of a collective agreement with the union.

June 13, 2017

Rio Tinto’s Silvergrass iron ore mine to begin production by year-end

The $338 million-project will take annual mine capacity from 5 to 10 million tonnes.