June 25, 2012 Chinese burn fingers in the Pilbara “This is no longer about commercial goals. It is about Chinese machismo. They have plonked down too much money to pull out now.”
June 25, 2012 Moly Mines update: hedging and 27% more iron With a new director, intentions for acquisitions and a new estimate on its iron holdings – which indicate 27% more iron ore than originally estimated – Moly has something to…
June 22, 2012 Fortescue takes the Federal Government to court Fortescue Metals has lodged a challenge in the High Court of Australia against the Federal Government's Minerals Resource Rent Tax on constitutional grounds.
June 21, 2012 Billions wiped off metal stocks after China, EU and US deliver economic shocks The mining sector's bellwether companies were all beaten down on Thursday as the price of metals and minerals continued to slide and economic indicators from across the globe painted a…
June 21, 2012 Iron ore hits 5-week high as China continues to forge steel near record pace The performance of iron ore is in stark contrast to other commodities including copper which has shed 4% over the last two days and crude oil which touched a 52-week…
June 21, 2012 Xstrata to pay $342 million to execs after Glencore merger triggers ‘red-top alert’ The unusual alert, considered the Association of British Insurer's most serious warning, indicates a breach in corporate governance.
June 20, 2012 When being the richest miner is not enough: become the largest holder of mineral rights in Brazil The world’s richest mining entrepreneur and wealthiest man in Brazil, Eike Batista, is now also the largest holder of mineral rights in the South American iron ore-rich area of Mato…
June 20, 2012 Brazil’s rejects iron tax but that isn’t the problem Brazil's lower house mining and energy commission has rejected 10% export tax on all iron ore exported by local miners, but Standard & Poor warns permitting and infrastructure issues are…
June 20, 2012 India ‘condemning’ millions to stay poor, says Lakshmi Mittal Joining the likes of NR Narayana Murthy and Azim Premji to blame the Indian government for policy inaction, UK-based NRI billionaire LN Mittal has said the country is potentially condemning…
June 20, 2012 Rio Tinto breaks the piggy: $4.2 billion investment to boost its iron ore business Giant miner Rio Tinto (LON:RIO) continues to build its reputation as the most bullish of the major mining companies after it announced today it will spend $4.2 billion on top-tier…
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
