Feds crack down on coal cleanup financing
  Release time: 2016/08/10 10:39:00
The policy advisory from the Interior Department’s Office of Surface Mining, Reclamation and Enforcement(OSMRE)is the first significant effort by the federal government to crack down on so-called coal self-bond...

Iron Ore Giants Reject Proposed A$7.2 Billion Mining Tax Hike
  Release time: 2016/08/10 10:35:00
Brendon Grylls announced the tax proposal after being appointed the new leader of the state’s Nationals party on Tuesday.The plan to raise the production rental cost on Rio Tinto Group and rival BHP Billiton Lt...

Miners slam proposed tax on BHP Billiton and Rio Tinto
  Release time: 2016/08/08 10:09:00
Mr Grylls is believed to have the numbers to become leader of the Nationals in WA following a special party room meeting on Monday, replacing incumbent Terry Redman.Mr Grylls led the party between 2005 and 2013,...

Vale seeks up to $US10b in iron ore streaming deal to cut debt
  Release time: 2016/08/05 10:25:00
Under terms of the deal, Vale, the world's biggest iron ore producer, would receive streaming financing from the companies, said the sources, who asked to remain unidentified because the discussions are still pr...

Rio Tinto 1H Profit Hits 12-Year Low, Cautions on Global Outlook
  Release time: 2016/08/04 09:19:00
It was the first set of results from greenhorn CEO Jean-SébastienJacques.Who is charged with ensuring the miner can continue to build on the 33% rally in its stock price from its February low by sweating its ti...

FG, Global Steel sign agreement for resuscitation of Itakpe iron ore, A...
  Release time: 2016/08/02 11:19:00
The signing of the agreement, which took at the State House, Abuja on Monday, is aimed at revamping the Ajaokuta Steel Company in Kogi state.He said the company was poised to produce three million tons of steel ...

Canada invests $133 million in Tata Steel Quebec-Labrador iron ore project
  Release time: 2016/08/01 10:55:00
The investment will advance development of the Direct Shipping Ore(DSO)property, which straddles the border between Quebec and Labrador, with mineral deposits on both provinces.Tata Steel Minerals Canada(TSMC)is...

Quebec to invest $133 million in Tata Steel Minerals iron ore project
  Release time: 2016/07/28 10:47:00
Tata Steel Minerals Canada(TSMC)is a JV established in October 2010 by the Indian firm and New Millennium Iron Corp with the former owning 94 per cent.Tata Steel will continue to work closely with Quebec governm...

Fortescue cuts iron ore production cost target
  Release time: 2016/07/27 10:42:00
The world no.4 iron ore miner also set shipment guidance for fiscal 2017 at 165 million to 170 million tonnes, little changed from the 169.4 million tonnes shipped in fiscal.Costs have been lowered for the tenth...

BHP Billiton’s Iron Ore Production Shows No Signs of Slowing
  Release time: 2016/07/21 09:32:00
Iron-ore prices have been dragged to a decade low as large exporters churn out rising volumes of the raw material intended to feed growth in China that is now slowing down.The glut could take years to clear.The ...

BHP misses FY iron ore production guidance
  Release time: 2016/07/20 17:32:00
BHP said it missed its iron ore guidance by 3 million tons due to the suspension of production at its half-owned Samarco mine.A tailing dam burst at Samarco in November, killing 19 people and causing what Brazil...

Rio Tinto continues to expand iron ore glut
  Release time: 2016/07/19 17:31:00
Rio's iron ore production from its mines in Western Australia's Pilbara rose 8 per cent to nearly 81 million tonnes in the quarter from the same time a year ago.Rio Tinto said it will produce nearly 330 million ...