July 31, 2012 Dour mining report substantiates warnings of an Australian resource sector slowdown A report indicating weak sentiment on the part of Australian mining companies would appear to substantiate warnings that Australia's flourishing resources sector is headed for a slowdown.
July 30, 2012 Dud investments the norm for China’s state-owned companies, says former Rio Tinto exec People should stop worrying about Chinese businesses buying up resource companies in Australia because the Chinese are no good at investing, says former Rio Tinto executive, Michael Komesaroff.
July 30, 2012 Indian miners accuse government of causing artifical iron ore shortage India’s merchant miners have accused the Indian government of creating an ‘artificial’ shortage of iron ore via the imposition of high export […]
July 29, 2012 Northern Iron says receives rival bid from Prominvest The new offer from Prominvest was highly conditional and indicative with a cash price of A$1.42 per share, Northern Iron said. That was just above a sweetened A$1.40 per share…
July 29, 2012 Mittal: Investing in mining, but not India or China I'm not locating capital to India or China as I don't see things progressing there. We can't remain stuck, so we move on. Now our priority is to reduce debt,…
July 28, 2012 The Awa, S11D, Colin Firth and flesh-eating bats: Welcome to global mining’s environment acid test World number one iron ore producer Vale over the weekend "played down fears" that the planned $20 billion expansion of its Carajas mine would harm the local Awá people described…
July 28, 2012 Vale says iron ore reaching a bottom, will improve within ‘2-3 weeks’ "I believe the recovery will happen soon," José Carlos Martins, the Brazilian miner's director of iron ore and strategy, said during a conference call discussing the firm's second quarter results,…
July 27, 2012 Iron ore’s $120-price floor theory unravels Below $120 a tonne most Chinese producers become unprofitable, but a sustained period below this level may indicate a fundamental shift in the industry.
July 27, 2012 Not convinced Chinese trade is a disaster? Take a look at these shipping numbers Examples: Worldwide orders for dry-bulk vessels dropped 49% to 9.8 million deadweight tons in the first half of 2012. The monthly index of new-ship prices in China is now at…
July 27, 2012 Anglo American disappoints: profits down 40% and Minas Rio delayed another year The global miner joined the ‘disappointing results club’ this morning as the London-listed mining group reported that its first-half operating profit dropped almost 40%.
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
