March 11, 2015

The bottom is in. Venezuela restarts iron mine after 18 years

OR NOT. As iron ore prices fall to 7-year lows struggling South American nation reopens 18 billion tonne Cerro Bolivar mine mothballed since 1997.

March 11, 2015

Dire Chinese steel outlook drops iron ore price to 7-year low

Down 1.4% Wednesday to lowest since 2007 on Chinese forecast of peak steel production and contraction.

March 10, 2015

‘Stop complaining about a supply glut and take charge’ — BHP, Rio to small iron ore miners

The world's two largest mining companies believe China's hunger for iron ore isn't about to fade, even as the price is touching new lows.

March 9, 2015

Rio Tinto to axe hundreds of jobs as part of drastic restructuring

The company recently announced its intention to merge the copper and coal divisions, reducing Rio's businesses to just four main groups.

March 6, 2015

Iron ore spot price drops to record low

The iron ore price suffered another steep decline on Friday, falling to the lowest since November 2008 when the SteelIndex benchmark was first introduced.

March 6, 2015

IMAGE GALLERY: The M&A deals that defined the commodity super-cycle

These were the six mining transactions that defined the current deal-making landscape.

March 5, 2015

Iron ore price crashes through $60

Down 4.5% in reaction to Beijing's crackdown on steelmakers and gloomy economic outlook.

March 5, 2015

Mick Davies’ X2 Resources raises $5.6 billion, ready to buy up assets

The former Xstrata boss’ new firm may soon pull the trigger on some big deals at a time of low commodity prices and willing sellers.

March 4, 2015

World Bank predicts iron ore glut set to continue, putting pressure on WA royalties

The bank is predicting the iron ore glut could continue for up to two years, putting sustained pressure on the commodity's price.

March 4, 2015

Mongolia’s ancient silver mines highly polluting: study

Geologists found evidence of large amounts of silver smelting that ended up contaminating a vast area in southwest China.