December 8, 2014

260+ million tonnes of iron ore discovered in Uganda

Uganda may become a more important player in the African iron ore market, after a recent geological survey revealed much bigger deposits of the steel-making ingredient than found during colonial…

December 5, 2014

Vale may settle Simandou lawsuit

Rio Tinto is suing Vale for billions over allegations the Brazilian giant and its former partner illegally acquired the West African iron ore deposit, one of the richest prizes in…

December 5, 2014

Vale to sell 15% of its $3bn Mozambique coal project to Mitsui

The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.

December 5, 2014

China’s rising: best investment vehicle to make money from it

While China is struggling with its gross domestic product (GDP) growth metrics, the country’s main stock market—the Shanghai Composite Index (SCI)—is easily outperforming the S&P 500 and NASDAQ.

December 5, 2014

Walsh: My ‘amazing’ Rio turnaround ‘will be a Harvard case study’

Rio Tinto CEO credentialing ahead of another round with "combative" Ivan Glasenberg.

December 4, 2014

Iron ore price surges

Benchmark 62% fines up 3% and premiums for high quality lump ore jump to 11-month high.

December 4, 2014

Rio Tinto-Glencore a ‘poor match’: Sam Walsh

Walsh emphasized Rio was not planning any major acquisition to protect itself from a potential takeover by the commodity trader and miner rival.

December 3, 2014

Women mostly missing at London’s ‘Mines and Money’ event

75 participating countries, 200 companies, 200 presenters, 3,000 attendees… and fewer than 15 women invited to speak at Mines and Money London 2014. About time for a change – don’t…

December 3, 2014

Cliffs Natural selling coal assets, expects loss of up to $425m

Miner is dropping coal operations to focus on iron ore.

December 2, 2014

Vale confirms plans to sell stake in $35 billion base metals unit

Chief Financial Officer Luciano Siani confirmed Tuesday the company's plans to sell a minority stake in its metals-producing unit.