February 23, 2017 Vale swings back into the black on soaring iron ore prices The world's No.1 iron-ore producer recorded a net profit of $3.98 billion in 2016, a significant recovery from a loss of $12.13 billion it reported a year earlier.
February 22, 2017 Caterpillar touts automation solutions as top miners swing back to profit The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep…
February 22, 2017 Iron ore sharp recovery helps Fortescue nearly quadruple profit The world's fourth largest miner of the steelmaking ingredient said it also benefitted from declining costs.
February 22, 2017 Anglo American not selling assets any more as it returns to profit The world's number five diversified miner posted its first annual net profit in five years.
February 21, 2017 Global steel production is surging in 2017 Up 7% year on year across all regions, supporting rally in iron ore and rebound in coking coal prices.
February 21, 2017 BHP Billiton back into the black, pays higher-than-expected dividend Net profit was $3.2bn for the six months to December 31, compared with a loss of $5.7bn in the same period a year earlier.
February 20, 2017 Iron ore price sets fresh 30-month high Despite new survey showing consensus for a steep correction this year.
February 16, 2017 Canada losing ground as mining investment destination Report by the Mining Association of Canada (MAC) says the country is not in a good position to benefit from the increasing number of companies ready to make new and…
February 16, 2017 Vale’s iron ore output just hit another record The world’s No.1 iron ore miner produced 349 million tonnes of the steelmaking ingredient in 2016, helped partly by the opening of its massive S11D mine.
February 14, 2017 Kumba’s earnings doubled on higher prices, cost cutting measures The Anglo American's unit logged earnings of $607 million for 2016, basically double the $304 million it recorded in 2015.
China’s November net gold imports via Hong Kong more than doubled from October Spot gold prices have risen about 72% this year, hitting a record $4,549.71 an ounce on Friday, the biggest annual gain since 1979. December 29, 2025 | 07:35 am
