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Vitol Group has hired a former Glencore trader to develop a copper business, as the energy trading powerhouse seeks to enter the highest-profile metals market. Bruno Porto, a veteran copper trader...
Copper and zinc rose after President Donald Trump delayed tariffs on Canada and Mexico by a month, dragging the US dollar lower. Copper, an industrial bellwether, extended gains Tuesday amid the...
Rio Tinto said on Tuesday it had begun clearing iron ore ships from two Western Australian ports as two tropical cyclones offshore swell seas and complicate its efforts to repair infrastructure...
ASX-listed Fortescue said on Tuesday morning that it had obtained a majority interest of 66.23% in iron-ore junior Red Hawk Mining following the acceptance of its off-market takeover offer by Red...
The South African mining industry contributed 6% of the country’s total nominal GDP during the first three quarters of last year. In money terms, this amounted to R432.7-billion. So highlighted...
Aim-listed Zanaga Iron Ore Company (ZIOC) and its 100% subsidiary MPD Congo have signed a memorandum of understanding (MoU) with Centrale Électrique du Congo (CEC) to evaluate potential solutions...
Miner Anglo American's diamond unit De Beers said on Monday it had finalised negotiations with the Botswana government for a new rough diamond sales agreement and extended mining licences for its...
Iron-ore and aluminum led metals lower after President Donald Trump imposed tariffs on China, Canada and Mexico, threatening a trade war that could sap global economic growth. The steelmaking...
Abu Dhabi sovereign investment company ADQ and metals and materials investment firm Orion Resource Partners have entered into an agreement to establish a new Abu Dhabi-based joint venture (JV) that...
The state-of-the-art facility will supply high-quality iron-ore for the production of pellets and briquettes in the region.
Chinalco-led consortium Winning Consortium Simandou has awarded a contract for Evolution Series ES43ACmi locomotives and services.
TSX-V-listed Strategic Resources and Tacora Resources, the operator of the Scully mine in the Labrador Trough, have signed a collaboration agreement to explore the use of Tacora’s iron-ore...
Toronto- and Sydney-listed Champion Iron has maintained stable sales volumes in the third quarter ended December 31, despite encountering a 14-day rail outage and other operational challenges at...
Diversified miner Anglo American has concluded the sale of its 33.3% minority interest in Jellinbah Group, a joint venture (JV) that owns a 70% interest in the Jellinbah East and Lake Vermont...
Brazilian miner Vale posted on Tuesday its highest annual iron-ore production since 2018, even after a decline in output in the fourth quarter when the company prioritised higher-margin products....
NYSE-listed Wabtec Corporation has been awarded a $248-million order for Evolution Series ES43ACmi locomotives and services from Winning Consortium Simandou, to support the latter's rail operations...
Liberia expects to attract $3-billion in investment after the discovery of new minerals, President Joseph Boakai said. Studies conducted over five decades and funded by the Chinese show the iron...
Copper declined after US President Donald Trump said he planned to impose import tariffs on the metal, as well as aluminum and steel, raising fears of trade wars and spurring further gains in the...
Australian resources heavyweight Fortescue has made a move to expand its iron-ore footprint, launching an off-market takeover bid for Red Hawk Mining on Tuesday. The ASX-listed company, founded by...
A weaker China economy and battered iron ore prices have helped drive down Vale’s stock, making investors wary of uncertainties plaguing one of the world’s top suppliers of the steelmaking...
Australian iron-ore giant Rio Tinto confirmed on Friday that its rail and port operations in the Pilbara region had been disrupted by Tropical Cyclone Sean, which brought record rainfall to parts...
Replacing fossil fuels with green hydrogen depends on creating demand by making it price competitive, as buyers are unwilling to pay "green premiums", Fortescue Energy CEO Mark Hutchinson told...
South African coal and iron-ore exporters aim to sign agreements with state-owned logistics company Transnet next month that could pave the way for them to spend billions of rand to help fix...
Iron-ore mining and development company Champion Iron has reported that Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the Kami project for A$245-million.
Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the...
Indian steelmaking tycoon Lakshmi Mittal met with South African ministers in Davos this week as the country seeks to head off the planned closure of steel mills that are crucial to the local...
Iron-ore and most base metals fell after US President Donald Trump said that he could hit China with 10% tariffs on all imports, suggesting February 1 as the possible start date. Futures of the...
Mining production decreased by 0.9% year-on-year in November last year, Statistics South Africa (Stats SA) has revealed in its latest mining production update, published on January 21. The largest...
The world’s biggest listed miner, BHP, on Tuesday announced strong production results for the first half of the financial year, with significant gains in its flagship copper and iron-ore...
When Glencore proposed a combination with Rio Tinto Group a decade ago, the larger company turned it down after just a few days. News this week that the two spent several months in negotiations in...
Australia's Port Hedland, the world's largest iron-ore export hub, has resumed operations after cyclone Sean moved away from the port, the Pilbara Ports Authority said on Monday. The port off the...
Anglo-Australian mining giant Rio Tinto plans to create a standalone lithium division after it closes its $6.7-billion acquisition of Arcadium Lithium, according to an internal memo seen by...
Copper headed for an eighth day of gains, its longest winning streak since 2017, as fresh economic data from China brightened the demand outlook in the top metals-consuming nation. The industrial...
Rio Tinto Group and Glencore have held early stage talks about combining their businesses to create a behemoth to rival longstanding industry titan BHP Group. The discussions took place as recently...
News that the struggling Newcastle Works will close at the end of this month is yet another painful reminder of South Africa’s ongoing deindustrialisation. The development itself is not surprising,...
Recent metallurgical testwork at Simandou North, in Guinea, has confirmed the potential for premium-quality iron-ore, with grades surpassing 66% iron and alumina levels below 0.5%, Arrow Minerals...
Aluminum ticked higher, with the European Union considering import restrictions on Russian metal and Chinese production growth expected to slow. The metal climbed toward $2 600 a ton in London,...
Drilling and exploration company Rosond has appointed Glen Mc Gavigan as CEO, effective 13 January. Mc Gavigan succeeds Ricardo Ribeiro, who has taken up the role of executive chairperson.
Iron-ore surged back above the $100-a-ton threshold after data showed China’s annual imports of the steel-making ingredient reached a record and its trade surplus soared. Futures gained for the...
China's iron-ore imports in 2024 rose to a record high for a second year, customs data showed on Monday, as lower prices spurred buying while demand remained resilient due in large part to massive...
International Trade Administration of South Africa (Itac) chief commissioner Ayabonga Cawe reports that a summary report relating to the commission’s review of the Price Preference System (PPS) for...
India aims to produce five-million tonnes of green hydrogen year by 2030 under the National Green Hydrogen Mission, Prime Minister Narendra Modi has announced. As a first step, two green hydrogen...
South Africa’s recently established Transnet Rail Infrastructure Manager (TRIM) is gearing up for the allocation of the first route slots to private train operating companies (TOCs) in line with...
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