June 26, 2017 Iron ore price: BHP starts work on $3.2 billion mine South Flank will replace lost production from 80mtpa Yandi operation reaching end of its life.
June 26, 2017 Rio brushes off Glencore latest offer for coal mines, sticks with Yancoal The company has chosen to sell its Hunter Valley coal mines to China-backed Yancoal, but shareholders will decide.
June 23, 2017 Iron ore reverts to supply-driven market after 2016 aberration: Russell Iron ore's demand-driven price surge last year is increasingly looking like an aberration as supply factors once again start to weaken the price outlook.
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 23, 2017 SolGold up on Ecuador project results, Canada listing Having climbed almost 64% since the start of the year, investor sentiment towards SolGold appears to be quite positive.
June 22, 2017 Australia’s Atlas defers new iron ore mine over price falls Australia's Atlas Iron, which narrowly escaped collapse when iron or prices crashed in 2015, has deferred construction of a new mine, citing weak prices for the steelmaking commodity.
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 Miners punished as iron ore price resumes decline New Citigroup report predicts low $40s by end of the year, early 2018.
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.
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