June 27, 2014 Glencore said to be eyeing Simandou North Glencore has little exposure to iron ore and the commodity has long represented the bulk of profits at the Swiss-based company's diversified peers.
June 27, 2014 Are you ready to capitalize on emerging world growth and US oil independence? India, China to require more coal for power, copper for infrastructure.
June 26, 2014 Anglo American not interested in Simandou north Diversified giant Anglo American won't be bidding for the one of the greatest iron ore prizes anywhere in the world.
June 25, 2014 Australia slashes iron ore outlook on increased supply The world’s largest iron ore exporter has cut price estimates for this year and 2015.
June 25, 2014 Cliffs halts operations at West Virginia coal mine The firm is halting its Pinnacle metallurgical coal mine in West Virginia for at least six months, unless market conditions improve.
June 24, 2014 BHP mulls further job cuts Up to 3,000 jobs could be axed from BHP's flagship iron ore division, where 500 jobs have already been lost.
June 23, 2014 Emerging markets firms to lead global mining sector: PwC Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.
June 20, 2014 Iron ore price builds on rally But Chinese banks are starting to call in iron ore-backed loans to traders holding 38mt, forcing them to dump inventories onto already well-supplied market.
June 20, 2014 Bidding for untapped Gabon iron ore reserve, world’s largest, could spark mining sector Gabon is actively seeking foreign investment in mining.
June 19, 2014 Australia’s mining jobs running dry as sector growth slow The country's mining industry has lost 6,600 workers in the three months to May.
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