August 2, 2017 Yancoal seeks $2.5bn from investors to pay for Rio’s Aussie coal mines Former rival bidder Glencore will subscribe to $300 million worth of the rights offer.
August 2, 2017 Rio Tinto’s first-half profit soars 93%, investors getting $3bn back The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.
August 1, 2017 Philippines says open pit mining ban to stay put Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.
July 31, 2017 Upbeat China data sends iron ore soaring, climbs the most in 8 months Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since…
July 28, 2017 Glencore acquires half of former Rio coal mine in Australia The Anglo–Swiss multinational announced that it signed agreements with Yancoal Australia regarding the acquisition of a 49 per cent interest in Rio Tinto’s former coal assets in Australia's Hunter Valley
July 25, 2017 Copper price surges to 2-year high Chinese data, tight supply light fire under copper price launching copper mining stocks higher – Freeport up 15%.
July 20, 2017 US steel production falls back in June After strong start to 2017, US steel output growth for the first six months slows to just 1.3%.
July 19, 2017 Price recovery sparks domestic Chinese copper, iron ore production boom As steel production reaches all-time high Chinese miners pump out most iron ore since 2015 while refined copper output jumps 12% to highest in 18 months.
July 19, 2017 U.S., Chinese officials conclude contentious economic talks, steel stocks soar The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and…
July 19, 2017 China Minmetals, China National Gold ‘unaware’ of merger talks Sources with knowledge of the matter told Reuters on Tuesday that China was considering a merger between the two major metals and mining firms as Beijing pushed to consolidate its…
BHP ships Jimblebar iron ore to Malaysia, Vietnam as China ban stalls sales BHP has been offering more discounts for its iron ore including the Jimblebar fines to try to facilitate sales in China. January 23, 2026 | 07:19 am
