November 16, 2016

Iron ore price stabilizes after sharp drop

BHP, Fortescue have no plans to follow Rio Tinto in shutting down iron ore mines over end of year holiday period.

November 16, 2016

Rio learnt about Simandou dubious payment over a year ago — report

Company is said to have found out about the emails referring to a questionable $10.5m payment to a consultant over the Guinea project more than a year ago, not 'just'…

November 15, 2016

Iron ore price plummets 9%

Beijing clampdown on speculation as Rio Tinto announces closure of Pilbara mine over Christmas.

November 15, 2016

What happens now?

Markets hate uncertainty and (because of all those terribly inaccurate polls) Trump’s victory injected a whack of precisely that. But his calm response, amazingly, calmed the markets.

November 14, 2016

Rio Tinto staff shaken to the core by bribery probe — CEO

Speculation is running and some of what is being said strikes at the heart of the culture and values of the company, chief executive officer Jean-Sébastien Jacques said in an…

November 11, 2016

Iron ore price leaps to $80

Trump bump for iron ore price now 17% as frenzied trading continues.

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.