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Unions have called an eight-hour stoppage for July 16 at BHP's Port Hedland iron-ore operations, which ship about $150-million of iron-ore a day, after six months of failed talks on a four-year labour deal. The action would be the biggest at the site in decades, following a narrow 58% vote by South Flank and Mining Area C workers to accept a separate deal offering a 16% pay rise over four years, which unions still call inadequate.
China widens State control over iron-ore and mineral supply chainsBeijing has set up a new investment vehicle, Guangyan International Investment Company, under the National Development and Reform Commission to standardise overseas mineral deals and manage risk, extending efforts already seen in China Mineral Resources Group's push to tighten control of iron-ore purchasing, including curbs on Fortescue cargoes since July 15.
Fortescue faces harassment class action as safety spending risesFortescue has been served with a class action alleging widespread sexual harassment and sex discrimination against female employees at its remote sites. Metals and operations CEO Dino Otranto says the miner takes the allegations seriously and has invested $300-million in site safety upgrades.
Iron Ore Updates
Hundreds of workers at BHP's Port Hedland iron-ore operations are set to down tools on Thursday after workers and their elected representatives did not reach agreement with the company, a...
China's iron-ore imports in June rose by 15% from the month before to a six-month high, as miners increased shipments to achieve quarterly guidance and as lower prices sparked more buying among...
A new, Beijing-backed mining investment vehicle is aimed at bolstering China’s grip on overseas resources, as the country pushes back against US and European efforts to curb its dominance of the...
Logistics group Grindrod has highlighted that it expects an improvement in its overall performance in the second half of the year as weather-related disruptions ease and rail capacity recovers. CEO...
In an era where accuracy and efficiency define mineral processing performance, Multotec is advancing the science of separation through its high-efficiency spiral concentrators and cyclones....
Hundreds of workers at BHP's Port Hedland iron-ore operations in Western Australia could walk off the job next week, in what would mark the biggest industrial action there in decades, potentially...
ASX-listed Accent Resources has entered into binding agreements to sell its Norseman gold project to Boomerang Mining for A$4-million in cash but retains 100% of the iron-ore and platinum group...
The boost to Australia’s trade from the mining boom looks to be fading as imports soar and export growth flatlines, potentially putting it on track for the first annual deficit since 2016. The...
Iron-ore major Fortescue on Monday confirmed it had been served with a class action on behalf of current and former female employees alleging sexual harassment and sex discrimination.
An Australian government report on Friday said efforts by China's State-backed iron-ore buyer to cut costs for Chinese steel mills may push down prices in the medium term, in a rare acknowledgment...
Workers at BHP's South Flank and Mining Area C iron-ore operations in Western Australia have voted to approve a new labour agreement, unions said on Friday, while noting that many remained...
An iron-ore mine in Vale's Mariana integrated operation in the Southeastern System, in the Iron Quadrangle, between the municipalities of Santa Bárbara, Ouro Preto and Itabirito, in Minas Gerais,...
China's State iron-ore buyer has asked some domestic steel mills not to take delivery of certain portside iron ore products from Fortescue, industry sources said, the latest Australian miner to...
Iron-ore major Fortescue has reached the milestone of shipping 200-million tonnes of iron-ore in a single year, for the first time in the company's history. The first Fortescue shipment left Port...
Iron-ore prices fell on Friday and were headed for a seventh straight weekly loss, weighed down by swelling portside inventory and faltering steel consumption in top consumer China, as well as...
Productivity, automation, safety and sustainability initiatives are increasingly shaping investment decisions in South Africa’s earthmoving and surface mining equipment sector, says diesel engine...
Newly minted BHP CEO Brandon Craig faces a crowded in-tray as he takes mining's top job on July 1, from threatened iron ore strikes and ballooning costs to a potential uranium push and a febrile...
Global diversified miner Vedanta Group has passed a defining milestone in Indian corporate history with the successful listing of four newly demerged companies on the Bombay Stock Exchange and...
Mining investment bank SP Angel says in an updated note on Aim-listed Beowulf Mining that the company is well-funded through to the end of 2027, particularly to deliver a prefeasibility study (PFS)...
Iron-ore prices extended declines on Tuesday to hit a nearly four-month low, weighed down by prospects of rising shipments from major suppliers in the run-up to the end of the second quarter and...
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