Iron Ore

Iron-ore miner Champion Iron is pushing the boundaries at its Bloom Lake mine, in Canada, to cash in on the favourable pricing environment for the high-grade ore that the mine in the Fermont region of Quebec produces. Bloom Lake delivered its highest-e…

Iron-ore hopeful Venture has awarded Tasmanian contractor Shaw Contracting the preferred tenderer status to restart operations at the Riley iron-ore project.

Shaw previously worked with Venture in 2014 to mine the Riley project, before the project was…

ASX-listed Grange Resources has flagged higher outputs at its Savage River iron-ore mine, in Tasmania, for the second half of 2019, as access to high-grade ore at the North Pit was established.

Lower-grade ore has provided the feed for the Savage Rive…

Brazilian securities regulator CVM has opened two probes into Vale CFO Luciano Siani’s conduct in the aftermath of a dam burst in late January that killed nearly 250 people, according to the CVM’s website.

Details of the investigations were not immedi…

Iron-ore major Fortescue Metals has reported record quarterly shipments for the three months to June, with average revenue per tonne also increasing by 30%, while C1 cash costs have been reduced.

“We have delivered record quarterly shipments of 46.6-m…

India’s national controller, Comptroller and Auditor General (CAG), has criticised State-run miner NMDC for setting production targets that do not correlate with market trends and for failing to do complete due diligence before taking up domestic and i…

Brazilian miner Vale has been authorised to partially resume dry processing operations at its Vargem Grande complex, which should add five-million tonnes to annual production, the company said in a securities filing on Tuesday.

Brazil’s mining regulat…

JSE-listed Kumba Iron Ore has declared a dividend of R30.70 a share for the six months ended June 30, which adds up to R9.9-billion in shareholder returns. CEO Themba Mkhwanazi on Tuesday said the payout represents a ratio of 98% of headline earnings p…

Guinea has launched an international tender for blocks 1 and 2 of Simandou, giving companies until August 2 to outline their bids, as the country seeks to revive interest in the world’s largest undeveloped iron ore deposit. Guinea’s aspirations to deve…

Brazil’s Vale said on Monday that its second-quarter iron ore production tumbled almost 34% from a year ago as many of its key dams remained all or partially shut down following a deadly dam burst in January.

The drop to 64.057-million tonnes came as …