September 17, 2024

Bank of America forecasts copper price above $10,000, iron ore price below $80 by 2025

While the outlook for iron ore appears grim, BofA remains bullish on copper due to strong structural demand.

September 17, 2024

Brazil confirms potential $18 billion deal with miners involved in deadly dam disaster

The collapse of the dam at a Samarco iron ore mine near the city of Mariana killed 19 people.

September 16, 2024

Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut

The bank cited market oversupply even though demand from top consumers in China is stabilizing.

September 14, 2024

Vale says routine check revealed cracks in dam, stability unchanged

In a securities filing, the company said the issue concerns the Forquilha III dam at the Fabrica iron ore mine.

September 14, 2024

Focus on these stocks: Large undeveloped deposits 

It’s the geologists living on the edge who could offer early clues about Western Australia's position in this mining cycle.

September 13, 2024

Nippon Steel bid for US Steel faces Sept. 23 review deadline

The deal has become a political hot potato and faces high-profile opponents.

September 12, 2024

Vitol hires Glencore, Trafigura iron ore traders in metals push

The oil trader has been in talks to hire some of Glencore’s iron ore team, and some members have already quit and will be joining Vitol.

September 12, 2024

Iron ore price soars to over one-week high on upbeat seasonal demand outlook

Steel demand is expected to return to growth in 2025, ANZ said.

September 12, 2024

Vale sees 10% of its iron ore production coming from tailings by 2030

Last year alone, Vale generated 48.5 million tons of iron ore tailings.

September 11, 2024

Vale expects to close deal over Brazil dam collapse in October

Last week, Reuters reported that Vale, BHP and their joint venture Samarco could soon reach such an agreement to pay around 100 billion reais.