October 10, 2013

Buyers line up for JPMorgan’s $3.3bn commodity unit

The bank is willing to sell the business to one customer or break it down into various divisions.

October 9, 2013

Cliffs appeals Ring of Fire road decision

In a Sept. 10 ruling the miner was told it cannot build a road to its US$3.3-billion chromite project through a Canadian junior's mining claims.

October 8, 2013

Global steel outlook brightens, but Chinese output growth to halve

The Chinese government’s efforts to rebalance the economy continues to restrain investment activities in its steel industry.

October 8, 2013

Vale warns less than two years before iron ore overcapacity

Prices are expected to remain above $100 a tonne, but "the extra supply will make prices less volatile and unlikely to repeat spikes seen previously".

October 8, 2013

Canada’s Prime Minister ‘very concerned’ about claims of espionage in Brazil

But he refused to comment on the potential impacts of the report.

October 8, 2013

Fortescue Metals Group challenges rail access

"a duty to shareholders to pursue a fair and reasonable return on its world class infrastructure"

October 7, 2013

Sable Mining beats majors to the punch in Guinea

Sable's West African iron ore project gains first ever Guinea export decree. Shares jump as M&A talk intensifies.

October 4, 2013

STUDY: After lost decade South Africa mining to continue to lag

The rest of the continent is drawing money away from the country's mining industry struggling with soaring costs and industrial strife.

October 4, 2013

Rio completes expansion of Australia’s largest iron ore operation

Will help bring the overall capacity of Rio Tinto’s Pilbara iron ore operations to 290 million tonnes a year, the largest iron ore operation in Australia and the second largest…

October 3, 2013

Goodbye humans, hello automation: Rio Tinto ditching $225k/year drivers in Pilbara

The plan is to cut 40% of Pilbara drivers by 2016.