June 25, 2017 China shuns Indian iron ore in favour of Australia’s Chinese steel mills are turning their backs on India and embracing Australia as a source of higher-grade ore for steelmaking.
June 23, 2017 EUR/JPY exchange rate and gold Some analysts claim that the cross rate between the euro and the yen affects the price of gold (the term “cross” meaning here that the quote does not involve the…
June 23, 2017 Glencore fights back, sweetens deal for Rio Tinto’s Australian coal assets Fresh bid is far better than the $2.55bn it offered earlier this month and considerably more than the $2.45bn offered by Yancoal, the Chinese-backed miner that is Rio’s preferred buyer.
June 22, 2017 Freeport Indonesia says giant copper mine running as normal despite strike Company says Grasberg copper mine is running as normal
June 21, 2017 Freeport Indonesia workers to extend strike for a month – union Thousands of mine workers at the Indonesian unit of Freeport-McMoRan Inc will extend their strike for another month to protest against layoffs, a union official said on Wednesday.
June 21, 2017 World’s top coal producer to close 37 mines Coal India, responsible for about 82% of the nation's total coal output, said the closures would save around 8 billion rupees ($124 million).
June 21, 2017 Western Australia bans uranium mining, but existing projects safe Toro Energy's Wiluna project, Vimy Resources' Mulga Rock project, as well as Cameco's Kintyre and Yeelirrie projects allowed to go on.
June 20, 2017 Yancoal trumps Glencore bid for Rio Tinto’s coal mines The acquisition would make of Yancoal Australia’s largest pure-play coal producer.
June 20, 2017 Rio Tinto in search of next Oyu Tolgoi in Mongolia Mongolia’s renewed efforts to attract foreign investment it’s bearing its first fruits.
June 20, 2017 Japan’s Sumitomo Metal becomes IAMGOLD partner in Canadian project With the completion of the Japanese firm acquisition of 30% of Côté Gold Project, IAMGOLD's liquidity now exceeds $1 billion.
Iron ore price nears best close since November on year-end metal rally The steelmaking ingredient advanced for a third straight session in Singapore, climbing nearly 1.8% to as much as $106.55 a ton in intraday trading. December 29, 2025 | 07:51 am