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Vale is unlikely to pay extraordinary dividends this year, the firm's CFO Marcelo Bacci said on Friday, after the Brazilian miner reported a 20% slump in third-quarter core profit, hit by lower...
Brazilian miner Vale reported on Thursday a 53% decline in its third-quarter net profit from a year earlier, hit by lower iron ore prices and higher costs, including freight. Vale, one of the...
Venezuela's interim President Delcy Rodriguez said on Thursday the government has made progress identifying State assets to offer to the private sector and former owners, a move that could reverse...
Glencore’s incremental ferrochrome smelting resumptions has set production of the iron and chromium alloy on an upward path. “We’ve continued the progressive restart of our ferrochrome smelting...
South Africa’s headline consumer price inflation rose to 4.5% in September, from 4.4% in August, staying above the South African Reserve Bank’s 3% plus-minus 1% target range. September’s consumer...
Iron-ore prices slid on Tuesday to their lowest in more than two years, weighed down by mounting concerns over demand prospects in top consumer China. The most-traded iron-ore contract on China's...
If China's iron ore market was to be judged by import volumes alone, the image would be one of gentle and steady growth. But beneath the calm picture presented by imports of the main steel raw...
Canada on Thursday gave US steelmaker Cleveland-Cliffs 15 days to reverse planned job cuts at an Ontario steel mill or face sanctions that could include a forced divestiture of the plant. Ottawa...
Nippon Steel will invest about $3-billion in the US Steel-operated Mon Valley works in Pennsylvania to upgrade the plant's hot rolling facility, the Nikkei newspaper reported on Thursday. The move...
Australia's Fortescue warned on Thursday its operations could be hit if talks with China's State-backed buyer did not conclude by year-end, as the world's fourth-largest iron-ore miner released...
China's State iron-ore buyer has agreed a new supply deal for the key steelmaking ingredient with Rio Tinto, people with knowledge of the matter said. China Mineral Resources Group (CMRG) verbally...
Marc Cameron will join Weir as president of the minerals division on October 26 and become a member of the group executive. In a media release to Mining Weekly on Wednesday, October 21, Weir plc...
Diversified mining company Anglo American on Tuesday, October 20, reported 5% lower copper production, 4% lower iron-ore production, and 11% lower diamond production for the three months to...
As planned, the iron-ore production of Kumba Iron Ore in the three months to September 30 was lower, largely owing to the ultrahigh-dense-media-separation (UHDMS) project tie-in at Sishen, but...
US steelmaker Cleveland-Cliffs raised its 2027 core profit forecast on Monday, after stronger prices and lower costs helped it post its first quarterly profit in more than two years. Shares of...
BHP Group on Tuesday reported a steep fall in copper production in the first quarter as bad weather and a fatal accident forced temporary halts at its flagship Escondida mine in Chile. Operations...
Transnet Freight Rail (TFR) says it has achieved a global freight rail milestone, safely operating a 696-wagon empty train on the Iron Ore Export Line from Saldanha Bay, in the Western Cape, to the...
The Australian government has approved South Korean steelmaker Posco Holdings' plans to develop a low-emissions iron-ore processing plant at a major export hub. The project at Port Hedland in...
Canada's steel industry, among the sectors hit first and hardest by US President Donald Trump's tariffs, is starting to turn a corner thanks to an uptick in mining, energy and AI data center...
The head of top iron-ore producer Vale estimates that a surge in energy and freight costs triggered by conflict in the Middle East is making about 10% of supply in the global seaborne market...
The Africa Finance Corporation (AFC) is looking for investments in iron-ore and uranium as it seeks to expand its reach in critical minerals projects on the continent, the agency's head of mining...
Mining and logistics investor Cedro Participações has garnered State Environmental Control Commission approval for the development of its Porto do Meio iron-ore terminal at the Port of Itaguaí, in...
ASX-listed Arrow Minerals' Pilbara iron-ore landholding is poised to grow by more than 400% to 1 600 km2. The company's latest target comprises the Turee Creek iron-ore project, with 12 new...
The energy efficiency of the blasting process can be improved by using Varistem stemming plugs from Midrand-based mining consumables supplier ERG Industrial. For mining operations and blasting...
Iron-ore prices slipped for a third straight session on Thursday to their lowest level in more than two years, weighed down by persistent concerns over weak demand in top consumer China and...
Iron-ore pellet producer Ferrexpo reported a 19% sequential drop in third-quarter output on Wednesday, pressured by a production halt and constrained export capacity as access to Ukrainian ports...
Diversified miner BHP Group will make 300 workers redundant at its iron-ore operations in Western Australia as it grapples with a fall in prices of the steelmaking ingredient and higher shipping...
Diversified miner Rio Tinto said on Wednesday it was on track to release about $5-billion in capital by the end of 2026, after strong mine performance helped lift third-quarter iron-ore sales from...
The State-owned Transnet Rail Infrastructure Manager (TRIM) says extensive maintenance and renewal work is under way along the 861 km iron-ore export line stretching from Sishen, in the Northern...
Statistics South Africa (Stats SA) reports that the country's mining production decreased by 12.7% year-on-year in August, with platinum group metals (PGMs), coal and iron-ore having made the...
High-purity iron producer Hertha Metals has broken ground on its Chalyx plant, which is the US' first commercial plant for magnet-grade high-purity iron. The Texas-based plant will use a...
South Africa remains one of the world's premier mining jurisdictions, Anglo American has spelt out emphatically, amid itself investing R11.2-billlion in the ultra-high dense media separation...
Iron-ore prices rose on Monday, supported by expectations of restocking by Chinese steelmakers following a week-long holiday, although prospects of increased supply capped gains. The most-traded...
Mining Weekly Editor Martin Creamer talks about the opportunities that green iron-ore has for South Africa; South Africa’s alluvial diamond sector; and the urgency in tackling climate change...
Making green iron-ore for exportation is a great opportunity, South Africa’s Joburg Indaba heard on Thursday, October 8, when Kearney South Africa energy partner Frances Phillips drew attention to...
Fortescue said on Thursday its cash balance fell 37% in the September quarter and warned its forecasts remained subject to ongoing negotiations with state-backed buyer China Mineral Resources...
Australian shares fell on Thursday, led by miners after Fortescue warned of a drop in its cash balance and said its forecasts hinged on talks with Chinese state-backed iron ore buyer China Mineral...
India's steel ministry is unlikely to push for any new measures to curb cheap imports in the near term, turning down a request from domestic steelmakers, according to a government source with...
South Africa’s mining sector entered this year on a stronger footing, underpinned by higher platinum group metals (PGM) and gold prices, improved mineral reserve positions and growing interest in...
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