March 2, 2016 BHP, Vale shares surge on Samarco deal Iron ore giants reach deal with Brazilian government to pay $6.2 billion over several years for clean up after November's deadly tailings dam spill.
March 1, 2016 Warning of another string of mining bankruptcies in 2016 Rate of corporate defaults could be double historical average going back to 1920 says new study.
February 29, 2016 Greenfield exploration in Australia picks up Total area drilled (in metres) climbed by 6.9% during the December quarter, with activity in areas of new deposits increasing by 29.6%.
February 29, 2016 China to axe 1.8 million coal, steel jobs As part of the government’s ongoing efforts to reduce industrial overcapacity.
February 26, 2016 Samarco compensation deal said to be signed Monday in Brazil The agreement would end weeks of negotiations and be a key step in the joint venture owned by Vale SA and BHP Billiton Ltd. eventually resuming operations
February 25, 2016 Vale posts record loss, to sell core assets It posted a fourth-quarter net loss of $8.57 billion, its fifth drop in the past six quarters.
February 24, 2016 ‘Several years’ of iron ore bear market behind Rio downgrade Moody's takes Rio Tinto's credit down a notch to below A-rating with a negative outlook.
February 24, 2016 Samarco executives accused of homicide by Brazilian police over dam burst The seven executives, including Samarco's boss at the time of the deadly disaster, are being accused of qualified homicide.
February 23, 2016 BHP: No iron ore supply opportunity for at least a decade The composition of China's economy is changing more quickly than anticipated says world number one mining company.
February 23, 2016 Iron ore price holds $50 despite steel shocker Chinese and global steel output contracts by more than 7%.
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
