August 24, 2012 Iron ore drops into the double digits, lowest in three years Spot market iron-ore prices dropped again overnight despite news that steel production in China, the biggest iron-ore-consuming nation, continued to rise in early August.
August 24, 2012 BHP chews over ways to expand iron ore production in Australia The world's number one miner, BHP Billiton, wants to leave the news of its first decrease in annual profit in three years behind by focusing on finding the most lucrative…
August 24, 2012 China’s regional governments unveil 7 trillion yuan in stimulus investments China's regional governments have unveiled a slew of new stimulus plans over the past two months worth a total of 7 trillion yuan according to Chinese-language news sources.
August 24, 2012 Australian resource minister declares mining boom over, then backtracks Less than 24 hours after Australia's minister for resources and energy declared that the country's mining boom had come to an end, he appeared saying he was misinterpreted, and that…
August 22, 2012 BHP ditches Olympic Dam as profit tumbles The world's number one miner, BHP Billiton, has delayed its $30 billion Olympic Dam copper-uranium expansion and said no major projects would be approved until June 2013 as it tries…
August 21, 2012 BHP boss bucks bonus Marius Kloppers, CEO of mining giant BHP Billiton, has decided to waive his annual bonus in light of a recent forecast in which BHP's revenues are projected to drop 38%
August 20, 2012 Philippine miners duck taxes by selling gold on the black market Philippine gold production dropped by over half, but the reduction may have more to do with tax policy than actual output.
August 20, 2012 That $110 iron ore price floor: Gone! Iron ore has only enjoyed three up trading days over the last six weeks.
August 20, 2012 Century Iron announces intention to make normal course issuer bid The company announced today that it intends to make a bid to purchase certain of its outstanding common shares. As at August 15, 2012 there were 94,864,071 commonsShares issued and…
August 20, 2012 Iron ore red alert: China’s steel output could shrink for the first time in 31 years Given Chinese officials' penchant for painting rosy economic pictures, it is something of a big deal when a state-backed institution such as the China Iron and Steel Association makes such…
Iron ore logs annual gain in a dramatic recovery fuelled by steel exports Prices of the key steelmaking ingredient had come under pressure earlier this year on expectations of a supply glut and forecasts of faltering demand in China. December 31, 2025 | 09:27 am
