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The Rhodes Ridge Joint Venture is aiming to complete a prefeasibility on the project this year.
ASX-listed Canyon Resources has appointed Dean Horton a nonexecutive director, starting February 19. Horton’s appointment supports the board’s strategy of attracting and building a proven,...
The world’s biggest miners, having cashed in on China’s once-rampant demand for iron-ore, are starting to reel from the impact of their main customer’s economic struggles. BHP Group, Rio Tinto...
Global miner Anglo American achieved a strong operational and cost performance for the year ended December 31, with $1.3-billion of costs removed on a run rate basis and a further $500-million to...
Australia’s Fortescue remains committed to its green energy vision, but is adjusting project timelines to navigate global market uncertainties, the CEO of its energy division, Mark Hutchinson, said...
Brazilian miner Vale reported on Wednesday a $694-million loss in the fourth quarter, missing estimates and swinging from a hefty profit a year earlier, as it logged impairments on some of its...
Rio Tinto does not support a push by some shareholders to consolidate the company's dual-exchange share listing in Sydney, its CEO told Reuters on Wednesday as the miner reported its lowest...
The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch...
Copper in London declined after Citigroup flagged risks of a pullback in prices from the impact of US tariffs on demand. The metal has risen almost 8% this year due to resilience in the physical...
Japanese conglomerate Mitsui & Co has announced a $5.34-billion acquisition of a 40% stake in the Rhodes Ridge iron-ore project in Australia. As part of the transaction, Mitsui will acquire VOC...
Shares of Mineral Resources (MinRes) plunged to their worst day in 16 years on Wednesday after the Australian miner cut its fiscal 2025 production volumes and raised costs for its Onslow iron...
An Aboriginal group is seeking A$1.8-billion ($1.1-billion) from Western Australia in compensation after the state government allowed Fortescue to mine for iron-ore without a land use deal, court...
Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total...
Law firm Herbert Smith Freehills (HSF) finds in its latest yearly merger and acquisition (M&A) report that activity in Africa continued on a downward trend in 2024, with a further decrease on the...
Diversified mining group Anglo American has agreed to sell its nickel business to mid-tier miner MMG for up to $500-million, the companies announced on Tuesday. The transaction, which includes...
Mining billionaire Robert Friedland’s latest venture, iron-ore producer Ivanhoe Atlantic, is seeking to raise as much as A$300-million from an initial public offering (IPO) in Australia, people...
Diversified mining major BHP remains optimistic about demand for its products, despite a decline in interim profit and ongoing global economic uncertainties. CEO Mike Henry on Tuesday highlighted...
ASX-listed Cyclone Metals on Monday announced a binding commercial agreement with Vale for the joint development of the Iron Bear iron-ore project in Canada. Under the terms of the agreement,...
JSE-listed mining and materials group Afrimat has warned that losses in its cement segment and a weaker-than-expected performance from its anthracite segment will mean that its results for the 2025...
Brazilian miner Vale said on Friday it expects to raise iron ore production in its main complex Carajas, in northern Brazil, by nearly 13% through 2030 as part of a 70-billion real ($12.26-billion)...
The top global iron ore miners are headed for their weakest earnings in five years as a struggling Chinese property sector weighs on demand for the steel raw material, while new supply coming on...
Australia’s biggest iron-ore port reopened and Rio Tinto Plc mines resumed operations after being spared any major damage from Tropical Cyclone Zelia. Port Hedland, which handled almost 760...
NYSE- and Aim-listed gold miner Caledonia Mining has appointed Stefan Buys and Lesley Goldwasser as independent nonexecutive directors, effective immediately. The company also announces the...
Singapore iron ore futures prices rose on Friday and were on track for a weekly gain, supported by heightened concerns over cyclone-led supply disruptions in major producer Australia. The...
Creamer Media's 'Decarbonisation in Mining 2024/25: Mining in a low carbon future' report explores how mining companies are working to reduce their environmental footprint through renewable energy,...
South Africa's mining production decreased by 2.4% year-on-year in December, with platinum group metals (PGMs) and gold having made the largest negative contributions. PGM production decreased by...
Western Australia's ports of Dampier and Varanus Island will be closed at 6 p.m. on Thursday due to Tropical Cyclone Zelia, the ports' operator said, with emergency services in the state warning of...
Brazilian miner Vale will announce on Friday a 70-billion real ($12.2-billion) investment to expand its iron ore and copper mining operations at the Carajas complex in northern Brazil, the...
JSE-listed Mantengu Mining has acquired Masorini Iron Beneficiation’s (MIB’s) iron beneficiation plant in Phalaborwa, Limpopo, for R18.97-million. Mantengu says this strategic move positions the...
The global aluminum market is entering a fresh period of upheaval as traders rush to assess the potential impact of renewed US protectionism under President Donald Trump. The US leader ordered...
The iron-ore export hub of Port Hedland has started clearing vessels as a tropical low tracks toward the Western Australian coast, the latest in a series of storm-related disruptions for the region...
Iron-ore futures gained on Monday as earlier losses triggered by US President Donald Trump's latest tariff threats were countered by signs of recovering demand in top consumer China and falling...
Zanaga Iron Ore Company has announced that, together with its 100%-owned subsidiary MPD Congo, it has signed a memorandum of understanding with Centrale Électrique du Congo (CEC) SA to evaluate...
Market analyst BMI – a unit of Fitch Solutions – has forecast that metal prices will average slightly lower this year than in 2024, with BMI head of commodities analysis director Sabrin Chowdhury...
The phone has been ringing off the hook for Lewis Black after China imposed export controls on tungsten, a niche metal mined by his firm that’s crucial to weapons manufacturing. The CEO of North...
Iron-ore developer Magnetite Mines announced on Friday that Simon Smith had resigned as CFO and co-company secretary, with effect from March 7. Inthu Siva, currently co-company secretary and...
The Western Australian government has signed a memorandum of understanding to join forces with mining company Rio Tinto to strengthen water security in the Pilbara. The West Pilbara Water Supply...
Mining development company Champion Iron is continuing to advance its project.
Iron-ore futures clawed back higher on Thursday, supported by a softer dollar and Australia supply snags, while investors looked for fresh developments surrounding the trade war between the United...
JSE-listed iron-ore producer Kumba Iron Ore has advised that its headline earnings per share (HEPS) for the year ended December 31, 2024, are expected to be between R36.60 and R40.50, a decrease of...
Steel producer ArcelorMittal South Africa (AMSA) has postponed the wind down of its longs business by a month to allow talks with government on possible ways to prevent the closure to progress, as...
Diversified miner Anglo American's copper and iron-ore operations delivered a good performance for the fourth quarter of 2024, as well as for the full-year, in line with the group's growing focus...
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