February 22, 2012 Iron ore derivatives market to reach 100 million tons this year The global market for derivates based on iron ore could expand to reach 100 million metric tons in 2012, said data provider The Steel Index (TSI).
February 20, 2012 A new kind of hyperinflation: Zimbabwe hikes mining fees by as much as 8,000% The Zimbabwe Chamber of Mines says the government's hike of pre-exploration fees for the majority of minerals – by as much as 8,000% – together with increased royalty rates will…
February 19, 2012 Rio Tinto invests US$518 million in autonomous trains for Pilbara iron ore rail network in Western Australia Rio Tinto will run the world's first automated long-distance heavy-haul rail network, with a US$518 million investment (Rio Tinto share US$478 million) in driverless trains.
February 19, 2012 Northern Wisconsin Chippewa tribes might use treaties to halt or slow proposed mine Armed with its status as a sovereign nation and powerful treaties with the federal government, the Bad River Chippewa tribe has the legal muscle to do what Democratic opponents of…
February 17, 2012 Anglo American reports solid 2011 profits thanks to coal and diamonds London-based giant miner Anglo American PLC (LON:AAL) announced today record $13.3-billion 2011 earnings, a 23% increase in underlying earnings a share and a 14% increase in annual operating profits to…
February 17, 2012 Longest slump in iron ore since Oct on Chinese stockpiles Iron ore dropped for a seventh day, the longest losing run in more than three months, as the biggest consumer China may slow buying because of increased stockpiles.
February 16, 2012 Sundance shares plummet on further takeover delays Sundance Resources said Thursday approvals for its Mbalam project are only likely to come in 2 months, further delaying a $1.4bn bid by Hanlong.
February 16, 2012 Cliffs Q4 profit down but annual profit up 59% Despite a drop in net income in the fourth quarter, Cliffs Natural Resources (NYSE:CLF) is reporting a record profit of $1.6 billion, or $11.48 a share - a 59% increase…
February 16, 2012 Vale profits fall 21% after bending to Chinese steelmakers Vale is the world's largest producer of iron ore and a top nickel miner, reported a quarterly net profit of $4.67 billion, compared to $5.9 billion in the same quarter…
February 15, 2012 Everyone wants a piece of Northland The company, advancing iron ore projects in Sweden and Finland, decided to increase the size of the equity offering announced earlier in February due to "high demand" . Together with…
Copper price set for biggest annual gain since 2009 on supply bets The red metal has notched a series of all-time highs in an end-of-year surge, rallying over 40% on the London Metal Exchange this year. December 31, 2025 | 10:31 am
