January 4, 2013

Anglo American sells stake in Brazilian iron ore mine

The global mining giant is selling its 70% stake in the Amapa iron ore operation in Brazil to Zamin Ferrous.

January 3, 2013

Mining companies lead surge in Canadian IPO market in Q4

Consumer products, retail, energy and real estate sectors shared spotlight with miners

January 3, 2013

India and Brazil to replace China as main drivers of resources demand: report

A second wave of raw materials demand from India and Brazil will support the global mining industry says global accountancy firm KPMG

January 3, 2013

ArcelorMittal resolves French dispute, still planning European write-downs

ArcelorMittal has resolved its bitter dispute at the French Florange plant, though the company has decided to write down the value of its European business by $4.3 billion

January 2, 2013

Iron ore: Rio’s Walsh rains on everybody’s parade

Says price hike won't last – it's only because of restocking ahead of cyclone season.

January 2, 2013

Mining shares lead rally ignited by US fiscal cliff deal

The FTSE 100 index rose 139 points to 6,037 points, the first time it has been above the 6,000 level in 17 months, with mining shares exceptionally high.

January 2, 2013

Mining giants reap the benefits of India’s iron ore ban

A court-ordered ban on iron ore production in India is helping to boost spot prices as well as providing global mining giants with extra supply opportunities

January 1, 2013

Iron ore: December’s breakout sets up strong 2013

The steelmaking ingredient is now up 65% from its 2012 lows, blowing most predictions out of the water.

January 1, 2013

Sesa Goa, NMDC to Remain Buoyed by Iron Ore Prices

According to Bloomberg, Chinese ore imports totaled 65.78 million metric tons in November, down 4.6% YoY. Stockpiles at China's major ports declined 3.3% to 71.32 million metric tons as of…

January 1, 2013

Mining industry successfully scuppered Aboriginal land rights in Australia during the 80’s

Concerted campaign by the mining industry in collusion with Western Australia's Burke government thwarted efforts to give Aboriginal communities a greater say and share in resource development