April 23, 2024

Anglo American bullish on copper outlook, cuts diamond targets

It produced 11% more copper in the first quarter, but its diamond unit De Beers saw output drop by 23% on high inventories.

April 23, 2024

Kumba quarterly sales fall 10% as port challenges curb exports

The decline was mainly due to the unreliability of equipment used to handle ore consignments at Saldanha Bay Port, Kumba said.

April 22, 2024

Column: China’s strong iron ore imports diverge from weak steel output

China's first quarter imports of iron ore and its domestic production of the steel raw material both rose strongly, but output of crude steel fell.

April 22, 2024

Iron ore price weakens amid waning China stimulus hopes, high portside stocks

Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in China.

April 19, 2024

Iron ore price set for second weekly gain on improving China demand

Iron ore has gained more than 15% so far this month.

April 19, 2024

Australian miner stocks trail global peers as iron ore drags

Miner shares have trailed falling iron ore prices, which have sunk by 17% this year.

April 17, 2024

BHP to decide on future of nickel business by August, trims met coal estimates

The world's largest listed miner said iron ore production from mines it operates in Western Australia on a 100% basis was 68.1 million tonnes during the three months ended March…

April 17, 2024

Biden – and steelmakers – promise US Steel will stay American

US Steel Corp has agreed to be bought by Japan's Nippon Steel for $14.9 billion.

April 17, 2024

Biden calls for tripling of tariffs on Chinese steel

The Biden administration is also pressuring neighboring Mexico to prohibit China from selling its metal products to the United States indirectly from there.

April 17, 2024

Iron ore price hits over 5-week high on improving steel market, pre-holiday restocking

Near-term ore demand will remain solid as mills show increasing willingness to resume production after an improvement in margins and downstream demand, said analysts.