Authorities from Brazil’s Minas Gerais state are seeking a freeze on nearly $5 billion in assets from miner Vale as a partial payment to cover economic and other damages from last year’s deadly Brumadinho dam disaster.
In a statement on Wednesday, sta…
Brazil state seeks $4.8bn Vale asset freeze over dam disaster Read More »
The National Union of Mineworkers (NUM) on Wednesday said that wage negotiations with Kumba Iron Ore, owned by Anglo American, were deadlocked and the union had declared a dispute, a move that is one step short of a strike. NUM, the majority union at K…
Wage negotiations with Kumba Iron Ore deadlock – union Read More »
Brazilian mining giant Vale said on Tuesday it has started producing high-grade iron-ore fines for pelletizing at its new grinding hub with China’s Ningbo Zhoushan Port Group (NZP Group) in eastern Zhejiang province.
The hub, located in the Shulanghu…
Vale starts up iron-ore grinding hub in China’s Zhoushan Read More »
London-listed Amur Minerals is investing, alongside Glencore International, in Nathan River Resources (NRR), which owns the Roper Bar iron-ore project, in Australia’s Northern Territory.
The company, which focuses on nickel/sulphide mineral exploratio…
Amur invests in Australian iron-ore project alongside Glencore Read More »
Iron-ore major Fortescue Metals has reported record shipments, revenue, earnings and operating cashflow for the year ended June. Net profit after tax for the 12 months ended June increased by 49% on the previous period, to $4.7-billion, with underlying…
Fortescue pots record full year Read More »
Iron-ore major Fortescue Metals has reported record shipments, revenue, earnings and operating cashflow for the year ended June. Net profit after tax for the 12 months ended June increased by 49% on the previous period, to $4.7-billion, with underlying…
Fortescue pots record full year Read More »
Iron-ore major Fortescue Metals has reported record shipments, revenue, earnings and operating cashflow for the year ended June. Net profit after tax for the 12 months ended June increased by 49% on the previous period, to $4.7-billion, with underlying…
Fortescue reports record full year Read More »
Iron-ore major Fortescue Metals on Friday said it was on track for first ore on train at its Eliwana mine, in the Pilbara, in December this year, as the company firmed up its reserve and mineral resource estimates.
“We are pleased to report over 2.2-b…
unior Fe Limited will acquire a 50% interest in the Yarram iron-ore project, in the Northern Territory, and would act as operator for the joint venture (JV).
The company on Friday said that it would pay A$1.5-million in cash and shares, along with a f…
Fe takes stake in Yarram project Read More »
ASX-listed Kogi Iron has advised that it is nearing the end of its small-scale trial iron-ore mining at the Agbaja Cast Steel project, in Nigeria.
The company is in the process of conducting trial mining on site, as well as various community activiti…
Kogi Iron nears trial mining completion Read More »
