Monthly iron-ore shipments to China through Australia's Port Hedland rose 3% in November amid a sharp weakening in prices for the raw material used in steel production,
Chinese iron-ore imports surged 22% in November from a year earlier, customs data showed, as big miners in Australia and Brazil won market share even as steel output cuts push the price of the raw material lower. November shipments rose to 82.13-million
Mining production fell by 4.6% year-on-year in October, owing to a drop in coal, iron-ore and gold output, Statistics South Africa (Stats SA) revealed on Tuesday. Coal production was down 15%, iron-ore production fell 18.4% and gold production declined 7.5%.
Embattled miner Queensland Nickel has requested an urgent meeting with Queensland Premier Annastacia Palaszczuk and treasurer Curtis Pitt over the future of its Townsville refinery. The cry for help comes a day after mining personality Clive Palmer’s Mineralo...
Anglo American has suspended its dividend and announced plans to cut its workforce by 85,000 and dispose of more than half its mines in response to the plunging price of iron ore and other metals.
In the space of 30 years, China has become the world’s largest steelmaker by a long margin. Decades of rapid economic growth fed huge demand for infrastructure and housing, all of which required massive volumes of steel. As the Chinese economy slows, however,...
[Ferro-Alloys.com] The Ambatovy nickel and cobalt mine, in Madagascar, in which TSX-listed Sherritt International owns a 40 percent interest, produced 4006t of of nickel and 283t of cobalt in November. Production for the month was at about 81 percent of namepl...