April 22, 2014

Australia’s $6.5bn Oakajee project backer holds long record of shady businesses

The Oakajee port and rail project has the potential to become one of the major suppliers of Australian iron ore to Asia.

April 20, 2014

Barclays is the next big bank pulling out of commodities: report

The English bank is planning to sell large parts of its metals, agricultural and energy business.

April 18, 2014

One more reason iron ore price won’t stray too far from $120

Beijing's strategy to consolidate the domestic iron ore industry under six to eight large miners has been met with skepticism.

April 17, 2014

China, Japan and ‘mystery local billionaire’ potential developers of Oakajee project

While the WA government is favours Chinese capitals, Australian junior Padbury Mining says it has secured $6.5 billion to take over the project, but refuses to reveal backer's name.

April 17, 2014

Guinea government to strip Vale, BSGR of all Simandou rights

The West African nation is ready to withdraw the mining permits held by VBG, a company run by BSGR and Vale.

April 16, 2014

Fortescue misses expectations, vows to step up output to meet target

Australia's third biggest iron ore miner won’t give up on its full year export target of 127 million tonnes.

April 16, 2014

Chile’s main iron-ore producer to invest $650 million this year

The biggest chunk of the investment will be allocated to CAP's Cerro Negro Norte operation in the country's north.

April 16, 2014

Brazil’s iron miners risk losing market share to Australian competitors

Brazil's mining sector is expected to see slower average growth rates through 2018 compared with previous years, a report by Business Monitor shows.

April 16, 2014

Rio Tinto iron ore output hit by bad weather in Australia, Canada

Production of the steel-making material, however, increased by 16%, which means the miner is on track to meet its full-year target.

April 15, 2014

BHP at full throttle

Operational update shows record production achieved for four commodities and at 10 operations.