Brazil’s mining regulator has ordered Vale SA to suspend activity at its Fabrica and Vargem Grande complexes, the iron ore miner said late on Wednesday, as authorities crack down after last month’s fatal dam break.
In a statement, Vale said the ANM mi…
Brazil regulator suspends operations at two Vale mine complexes Read More »
The companies envision an investment from Glencore that will help fund construction in exchange for offtake of production of four million tonnes of iron ore a year.
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Black Iron’s shares skyrocket after inking MOU with Glencore on Ukraine iron ore project Read More »
BHP, Anglo American touch one-year highs.
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Mining stocks rally as copper price hits 7-month high Read More »
Canadian junior Black Iron on Wednesday announced that it had signed a nonbinding memorandum of understanding with a subsidiary of Glencore, pursuant to which the parties agreed to engage in formal negotiations to finance the construction of the Shyman…
Black Iron in talks with Glencore to finance Ukraine iron project Read More »
According to Fitch Solutions, off-grid mines could benefit from reducing their dependency on diesel while taking advantage of the region’s favourable climate conditions.
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Higher iron-ore prices over the six months to December has allowed major Fortescue Metals to report a 10% increase in revenue and a 21% increase in underlying earnings before interest, taxes, depreciation and amortisation (Ebitda). Fortescue on Wednesd…
Fortescue interim profit jumps, special dividend declared Read More »
Following 58 mineworkers suffering fatal occupational accidents in South Africa in 2018, Kumba Iron Ore CE Themba Mkhwanazi on Tuesday drew attention to 2019 beginning globally with the tragic loss of life at Brumadinho, in Brazil, as a result of an ir…
Brazil iron-ore tragedy brings home reality of mining risk – Kumba Read More »
South Africa’s Kumba Iron Ore, which stands head and shoulders above its peers when it comes to iron-ore quality, is achieving major price premiums well above historical heights. Structural change and strong growth in particularly the China steel marke…
Price premiums boosting quality-focused Kumba Iron Ore Read More »
CEO Andrew Mackenzie said it was too early to say what impact the recent Vale tailings dam disaster will have on efforts to restart BHP and Vale’s jointly owned Samarco mine, shut since November 2015 after a dam collapse killed 19 people.
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BHP urges miners to create global body to oversee tailings dams Read More »
BHP Group, the world’s biggest miner, doesn’t have capacity to raise shipments into the iron ore market as competitor Vale faces outages following the fatal mining disaster in Brazil last month.
The global iron ore market has been thrown upside down b…
BHP can’t rescue iron-ore market after Brazil dam disaster Read More »
