July 25, 2017 Caterpillar earnings beat estimates, shares hit five-year high It now expects adjusted earnings per share to come in at $5, significantly higher than the $3.75 it had forecast just three months ago and almost doubled the $2.90 it…
July 24, 2017 Mosaic joins chorus calling BHP’s Jansen potash mine plan unwise Mosaic chief Joc O’Rourke also said BHP’s target of 2023 for first production looks unachievable.
July 21, 2017 BHP $2.5bn expansion of Spence copper mine in Chile approved Company will make a decision on the plan in August.
July 20, 2017 Australian court rules against Fortescue in mining land case While the decision doesn’t ban Fortescue from continuing to operate the mines, it paves the way for the group to sue the company for hundreds of millions of dollars in…
July 20, 2017 Activist investor Elliott calls BHP potash plans ‘disastrous’ Hedge fund manager says expanding into the currently over-supplied fertilizer market is just a bad idea.
July 19, 2017 BHP to spend $277m to modernize Australian copper smelter The smelter, one of the largest in the Southern Hemisphere, has been hampered by insufficient power supplies and maintenance work since a major power outage last year shut operations for…
July 19, 2017 Iron ore soars past $70 a tonne Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13.
July 18, 2017 Rio’s revised iron ore guidance pushes price to three-month high From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%.
July 18, 2017 Coal mine sold for less than $1 reopens, to reach full production by year-end Blair Athol thermal coal mine, located in Queensland, Australia, had been closed since 2012 when former owner Rio Tinto shut down operations after almost 30 years of production.
July 18, 2017 Rio Tinto axes iron ore export forecast for the year It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes.
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
