May 21, 2014 Glencore’s CEO Glasenberg blames big miners for iron ore collapse He said rivals BHP Billiton, Rio Tinto, and Vale has put too much pressure on prices through their aggressive brownfields expansions.
May 20, 2014 CHART: Unnerving slide in iron ore price continues This year iron ore is down 27% hitting a fresh low of $97.50 on Tuesday, echoing 2011 and 2012 when the price dropped by a third in a matter of…
May 19, 2014 Iron ore price drops to double digits "Now that we broke through $100, I think that's a very bearish sign. It shows you there's a lot of supply around"
May 16, 2014 Iron ore price crashes to $100 on China steel crisis Iron ore price gives up 2% on Friday falling to a 21-month low as Chinese steel price drops to record low.
May 16, 2014 Vale fires 500 coal miners in Australia, shuts down operations Vale says mines are not economically feasible under current market conditions.
May 15, 2014 Mining deals in Canada plunge 51%, but light at end of tunnel getting brighter Canadian mining and metals deals plunged 51% in terms of value and 13% when it comes to volume in the first quarter of 2014. Yet results show a sustained improvement,…
May 14, 2014 BHP Billiton announces major shake-up of non-core operations The news comes of the heels of the creation of a new aluminum division, BHP Billiton Aluminum Pty Ltd.
May 14, 2014 Australian government eliminates mining tax The announcement was part of the Federal Budget unveiled Tuesday night, considered the toughest in almost two decades.
May 13, 2014 BHP Billiton CEO speaks at Miami conference The company has been trying to sell its 41.3% stake in Mount Nimba in Guinea since July 2012, as a boost to its plans to exit West Africa and focus…
May 13, 2014 Former Aussie coal magnate stages major comeback with $150m acquisition Nathan Tinkler, the Australian electrician turned mining entrepreneur, has bought Peabody Energy’s Wilkie Creek mine in Queensland.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
