Guinea on Tuesday signed an agreement with a consortium for the development of its giant Simandou iron-ore reserve, another step towards the realisation of a project which it hopes will bring a $15-billion windfall over the 25-year lifespan.
The deal …
Guinea signs Simandou iron deal with SMB-Winning consortium Read More »
An Australian indigenous group has suspended Rio Tinto from its reconciliation plan after world’s biggest iron ore miner blasted two ancient sacred caves as part of a mine expansion.
Reconciliation Australia, the lead body for promoting better ties b…
Rio Tinto loses Australian indigenous backing after blasting sacred caves Read More »
Add trigger-happy Brazilian prosecutors to the list of probable drivers of commodity markets in the coming months.
As the pandemic strains supplies, judges in Brazil have granted prosecutors’ requests to shut major mining and meat operations in recent…
Gung-ho Brazil prosecutors become unlikely commodity influencers Read More »
Chinese iron-ore futures surged on Monday, marking the biggest intraday percentage gain since July 2019, as supply concerns deepened after the country’s second-biggest iron-ore supplier Brazil shut down a Vale complex due to coronavirus concerns.
A Br…
China iron ore soars as Vale shuts down some mines on virus concerns Read More »
Vale was ordered by a Brazilian labor court to close three iron-ore mines at its Itabira complex in Minas Gerais state after an outbreak of Covid-19 among workers.
The decision restores a ban on operations at the Conceicao, Caue and Periquito pits aft…
Judge orders Vale to close three mines because of virus Read More »
Guinea’s government approved on Thursday a basic agreement for the development of its giant Simandou iron ore project by a consortium representing Chinese, French and Singaporean interests, the mines minister told Reuters.
The consortium – which inclu…
Guinea approves SMB-Winning deal for Simandou iron mine project Read More »
Engineering company Monadelphous Group has secured a number of construction and maintenance contracts in the resources and energy sectors with a combined value of about $150-million. In the iron-ore market in the Pilbara region, the ASX-listed company …
Monadelphous secures contracts worth $150m Read More »
Diversified miner Rio Tinto has apologised after it denotated explosives near a 46 000-year-old sacred indigenous site, in Juukan Gorge, Australia.
The Puutu Kunti Kurrama and Pinikura People (PKKP) group of traditional [land] owners say the denotati…
Rio Tinto commits to changing heritage approach after it blasts sacred site Read More »
Diversified miner Rio Tinto has apologised after it detonated explosives near a 46 000-year-old sacred indigenous site, in Juukan Gorge, Australia.
The Puutu Kunti Kurrama and Pinikura People (PKKP) group of traditional [land] owners say the denotati…
Rio Tinto vows to review heritage approach after it blasts sacred site Read More »
In late April, Evaldo Fidelis, a 35-year-old tractor operator at Vale’s massive iron-ore mine in northern Brazil, came down with a dry cough.
Soon, he said, six others in his crew of about 40 workers fell ill with classic symptoms of Covid-19, the res…
In northern Brazil, iron-ore keeps flowing as Vale miners battle coronavirus Read More »
