December 10, 2014

Glencore’s Glasenberg slams top iron ore producers once again

In his first investor day since buying Xstrata last year, Glencore’s boss highlighted his company’s spread of commodities and took aim at the expansion strategies of Rio Tinto and BHP…

December 9, 2014

Anglo American struggling to meet targets, mulls coal assets sale

Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.

December 8, 2014

Swedish iron ore miner Northland Resources goes bankrupt

Affected by anemic iron ore prices, the Swedish firm joins an increasing number of miners that have fallen by the wayside.

December 8, 2014

BHP Billiton spin-off named South32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

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.