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…
August 19, 2012 Glasenberg won’t budge on Xstrata Glasenberg’s determination to continue with the offer as originally planned comes amid growing signs that Xstrata is more confident of its position on a stand-alone basis.
August 19, 2012 First Karnataka iron ore mine restarts, but export ban stays The restart of iron ore mining in Karnataka amid multi-year low prices for the commodity is not seen to impact the global seaborne trade in the near-term.
August 18, 2012 Exclusive Analysis: Platinum violence could spread to South Africa’s coal, iron mines – gold safe for now More than just rivalry between unions, the platinum mine violence in South Africa has implications for the ruling ANC alliance.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am