May 29, 2017

Western Australia may ask BHP, Rio to cash out iron ore levy

Western Australia may ask Rio Tinto Group and BHP Billiton Ltd. to pay potentially billions of dollars to end a mining rent tax to help patch a budget decimated by…

May 29, 2017

Influential emerging market investor is iron ore price bull

Mark Mobius, executive chairman of Templeton Emerging Markets Group, sees disconnect between industry fundamentals and price swings.

May 29, 2017

Even with iron ore prices diving, NASA fast tracks mission to $10,000 quadrillion asteroid

If NASA is successful in its mission to 16 Psyche, one of the most massive asteroids found between the orbits of Mars and Jupiter, humans will have a first ever…

May 28, 2017

Plan to restart Bloom Lake Mine gets $40M boost + offtake

The Bloom Lake Mine's new owner earlier this month announced new cash for upgrades to the shuttered operation and an offtake agreement with a Japanese trading company to receive iron…

May 26, 2017

Iron ore crashes again to below $58 a tonne

Ore with 62% content in Qingdao lost $2.33 a tonne to close at $57.91, data from the Metal Bulletin shows, hitting a seven-month low and marking the commodity third consecutive…

May 25, 2017

Swedish miner begins massive relocation of whole city

While some residents of Kiruna have moved already, the first of the town’s historic buildings has just been hoisted up on a truck and transported to its new location.

May 24, 2017

Iron ore price drops to 7-month low

Chinese stockpiles at new record high and sovereign debt downgrade worry investors.

May 24, 2017

Power plan to bridge gap between farmers and miners

Remote mining projects in farming areas could soon access baseload electricity from biomass plants powered by straw.

May 24, 2017

CEO sees little chance of Samarco restart in 2017

30m tonnes per year operation jointly owned by BHP and Vale shuttered since November 2015 following dam burst.

May 23, 2017

Blow to iron ore price as Chinese steelmakers opt for scrap

Chinese furnaces make the most of slump in domestic prices to double scrap charge rates which could displace as much as 70 million tonnes of iron ore.