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.

June 18, 2014

Iron ore price in mini rally

Back above $90 a tonne after soaring Indian ore import numbers lift sentiment.

June 18, 2014

New Zealand rejects underwater iron mine

The company now has 15 days to appeal with the High Court.

June 17, 2014

Less correlation among commodities demands more careful selection: Philip Richards

Commodities from coal to gold once traded in close correlation, but today the graph looks helter-skelter.

June 16, 2014

Iron ore price crashes through $90

Iron ore and steel prices are approaching levels last seen during the height of the financial crisis.

June 15, 2014

Vale and Amazon Indians begin talks after threats of setting mine on fire

Vale said the tribe wants to modify an agreement to mitigate the mine's impact on its community's development.