August 5, 2024

Vedanta plans debt refinance to cut funding costs after upgrade

The miner is in talks with banks to gauge investor appetite for refinancing a large part of $3 billion of bonds maturing between 2026 and 2028.

August 5, 2024

Iron ore price hits 2-week high on improved Chinese economic outlook

Growth in China's services activity accelerated in July, expanding for the 19th straight month.

August 1, 2024

Iron ore price rises to more than 1-week high on upbeat demand outlook

Rio Tinto reported higher first-half underlying earnings on Wednesday.

July 31, 2024

Mining powerhouse Australia to tighten up exploration rules

No mining entity listed on the ASX will be exempt from the changes, which are expected to take effect next year, according to JORC committee chair.

July 31, 2024

Rio Tinto’s Simfer, Wabtec Sign $277 million Guinea train pact

Simfer is a joint venture formed by Rio Tinto, Aluminum Corp. of China Ltd., known as Chinalco, and the Guinean government. 

July 31, 2024

BHP says iron ore supply not affected by minor rail car incident

According to the company, two cars derailed at a railyard near Port Hedland in Western Australia.

July 31, 2024

Rio Tinto open to major acquisitions to meet copper goals

CEO Jakob Stausholm noted that buying quality assets in the current “hot market” would be “seriously" expensive.

July 30, 2024

Rio Tinto half-year profit meets estimates, expects good demand in China

The world's largest iron ore producer reported underlying earnings of $5.8 billion for the six months.

July 30, 2024

Guinea cuts president’s term to five years in draft constitution

In addition to being the world’s top exporter of bauxite, Guinea also has the world’s largest untapped iron ore deposit.

July 29, 2024

Fortescue slumps as Capital Group sells $1.2 billion stake

The trade represents about 100 million shares, representing around 3.2% of securities on issue.