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.

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.