South Africa's NUM union demands wage hikes of up to 16 pct from Kumba ...
  Release time: 2017/05/25 16:58:00
Anglo American has signaled its intention to sell off its stake in Kumba and the talks could be tough as prospective investors will not want to be saddled with an onerous wage bill amid uncertainty about iron an...

China iron ore falls 7% on high supply
  Release time: 2017/05/25 16:52:00
Iron ore's decline was the sharpest among China's commodity futures after Moody's Investors Service downgraded the country's long-term local and foreign currency issuer ratings, warning its financial strength w...

China iron ore slides over 5 pct on plentiful supply, steel drop
  Release time: 2017/05/24 16:18:00
The decline also tracked losses in Chinese steel prices after they climbed to nine-week highs on Monday.The most-traded iron ore contract for September delivery on the Dalian Commodity Exchange was down 5.1 perc...

Iron ore retreats with steel in China, but outlook firm
  Release time: 2017/05/23 16:35:00
Abundant supply of the steelmaking raw material also weighed on iron ore prices.Inventory of imported iron ore at China's ports reached 136 million tonnes last week, the most since 2004, according to SteelHome c...

Baogang Group, MCC cooperate on mineral resources
  Release time: 2017/05/19 17:43:00
The move marks remarkable progress in international cooperation for Baogang Group, an iron and steel State-owned business based in Baotou, Inner Mongolia autonomous region. Baotou has formed partnerships with Mo...

Capacity cuts seen as opportunity for Rio Tinto
  Release time: 2017/05/19 17:36:00
Jacques says he is not concerned that China's continuing fight against overcapacity in its steel sector will hurt the business of the mining behemoth.Since the very first Rio Tinto shipment delivered to China in...

BHP Billiton plc (BBL) Cut to Hold at Zacks Investment Research
  Release time: 2017/05/02 16:54:00
According to Zacks, BHP Billiton Plc is engaged in production of minerals which includes iron ore, metallurgical coal, copper and uranium as well as oil, gas and energy coal.BHP Billiton Plc is based in Collins ...

Vale’s first quarter profit lower than expected as rains hurt iron ore...
  Release time: 2017/04/28 16:54:00
The Rio de Janeiro-based company reported a net income of$2.5 billion, no less than a billion off the average consensus estimate of$3.325bn in profit.It was, however, the largest since the first quarter of 2014,...

More iron ore comes to the market as Anglo’s output soars in Q1
  Release time: 2017/04/27 17:37:00
The world's number five diversified miner revealed Monday it produced 14.8 million tonnes of iron ore in the first quarter, up from the 12.3 million tonnes it reported a year earlier.In February, it posted its f...

Russian steel group Severstal's iron ore pellet prices surge in Q1
  Release time: 2017/04/21 10:02:00
Severstal's Karelsky Okatysh mining unit sold pellets at$49/mt in Q4 2016, as prices gained over the previous year following global demand for alternatives to replace Samarco's idled 30.5 million mt/year pellet ...

Iron ore and steel: Back towards reality
  Release time: 2017/04/19 17:00:00
We believe speculative traders have been getting increasingly concerned about looming steel demand weakness from the property sector amid constant news flow about tightening regulation.With the seasonal peak in ...

Iron ore at fresh 5-month low
  Release time: 2017/04/18 16:57:00
In the latest session, the commodity tumbled 3.7 per cent, or$US2.50, to$US64.60 a tonne, according to The Steel Index.The latest slide in ore prices comes after a warning from Fortescue boss Nev Power last week...