November 10, 2016 Trump sends iron ore price to 2-year high Another surge on Thursday takes iron ore to two-year high, up 11% since the US election – Cliffs stock soars 21%.
November 9, 2016 Rio Tinto energy and minerals chief suspended over Simandou bribery claims Alan Davies suspended after miner found payments made to consultant in 2011, when he was in charge of the iron ore project.
November 7, 2016 Canada’s Quebec injects $130M into Tata Steel Quebec-Labrador iron ore project Financing consisted of a loan of $50 million from Investissement Quebec along with $125 million for an 18% equity stake in TSMC through Ressources Quebec.
November 6, 2016 First copper-nickel mine in Minnesota inches forward The company behind Minnesota's first copper-nickel mine is putting its shoulder to the wheel of a project that has been over a decade in the making.
November 4, 2016 Rio’s Simandou sale ‘could crush the price of iron ore’ "It would of obvious strategic benefit for China to control a major iron ore deposit and add new supply to discipline the market."
November 3, 2016 Glencore did better as commodity trader than miner in Q3 While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.
November 1, 2016 Glencore to reopen yet another coal mine in Australia The move comes only a few days after it resumed operations at Collinsville mine in Australia's Queensland state.
November 1, 2016 Vale may reconsider selling $10 billion in core assets — report If prices for the commodities it mines continue to pick up, the firm must cancel plans to sell some of its best assets.
October 31, 2016 Aussie iron ore magnate Rinehart invests in UK’s biggest potash mine Sirius Minerals’ York mine is expected to be one of the world’s largest in terms of the amount of resources extracted, generating an initial 10 million tonnes of polyhalite per…
October 31, 2016 Changes to the Kumba Board Kumba is pleased to announce the appointments of Ms Nonkululeko Dlamini (nee Veleti) and Mr Seamus French as non-executive directors to the Board, with effect from 1 November 2016.
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am
