US iron-ore miner Cleveland-Cliffs posted net income of $1.1-billion in 2018, eclipsing the previous year’s income of $363-million, on the back of an increase in revenue.
Revenue jumped to $2.3-billion, from the prior year’s $1.9-billion, while cost o…
Cliffs upbeat about 2019 as 2018 net income hits $1.1bn Read More »
Two Brazilian towns near iron-ore tailings dams in Minas Gerais state were evacuated on Friday as a precautionary measure while inspections of the structures were under way.
Vale, which is reeling from a deadly dam wall burst last month, said that the…
ArcelorMittal, Vale dam inspections trigger evacuations Read More »
Measure comes two weeks after another Vale dam burst in Brumadinho town, also in Minas Gerais state, killing at least 157 people, with nearly 200 still missing and feared dead.
The post Hundreds evacuated in Brazil over safety fears at another of Vale’s dams appeared first on MINING.com.
Hundreds evacuated in Brazil over safety fears at another of Vale’s dams Read More »
Canadian iron-ore developer Black Iron says high-grade iron-ore pellet product should sell at a premium for the next few years, resulting in attractive project economics for its planned Shymanivske project, in the Ukraine.
A deadly dam burst in Brazil…
Flying iron-ore prices to boost Black Iron’s project economics Read More »
Iron-ore futures surged more than 5% to hit the highest level since 2014 on concern that the increasingly severe crisis at top producer Vale will curtail global supplies, tightening the seaborne market and offsetting the impact of a slowdown in China, …
Iron-ore powers to highest since 2014 as Vale crisis intensifies Read More »
Brazil’s mining agency plans to ban upstream tailings dams used for storing mining waste, a director at the National Mining Agency (ANM) said on Thursday, after such a dam burst last month, likely killing at least 300 people.
Eduardo Leão, a director…
Brazil set to ban upstream tailings dams after collapse kills hundreds Read More »
Vale’s licence to operate a dam key to production at one of its largest mines was revoked by a Brazilian state regulator on February 5, adding another hurdle to efforts by the iron ore king to return to normal operations. Shares declined.
The world’s …
Vale loses license at dam that caused iron-ore force majeure Read More »
Vale’s licence to operate a dam key to production at one of its largest mines was revoked by a Brazilian state regulator on February 5, adding another hurdle to efforts by the iron ore king to return to normal operations. Shares declined.
The world’s …
Vale loses licence at dam that caused iron-ore force majeure Read More »
Analysts believe the price surge lines up with the market halting up to 40 million metric tonnes of Vale’s iron ore production.
The post Iron ore prices reach almost two-year high appeared first on MINING.com.
Iron ore prices reach almost two-year high Read More »
Coal became the number one export earner in 2018.
The post Aussie mining exports broke records in 2018 appeared first on MINING.com.
Aussie mining exports broke records in 2018 Read More »
