![19 people were killed in the Samarco disaster.](/web/20170119112430im_/http://www.smh.com.au/content/dam/images/g/t/f/t/5/4/image.related.wideLandscape.460x259.gtuvxu.png/1484809915532.jpg)
BHP, Vale, Samarco set deadline to resolve multibillion dollar claims
BHP, Vale and Samarco will initially provide $US681 million to support compensation and remediation from the impact of the fatal dam failure.
BHP, Vale and Samarco will initially provide $US681 million to support compensation and remediation from the impact of the fatal dam failure.
Gladstone's Boyne Island aluminium smelter is set to shed jobs and cut production, thanks to soaring Queensland power prices.
Rio Tinto Group and its largest shareholder Aluminum Corp of China have terminated a joint venture to find copper deposits.
The Brazilian mine owned by BHP and Vale will "probably" be operating again in two months, the country's mines minister said.
Chinese iron ore futures pulled back from a three-year high as steel prices retreated in volatile trading.
Stronger December output of iron ore in the December quarter enabled Rio Tinto to recoup some of the lost momentum in the division which had led it to trim full year production estimates in October.
Gold climbed to its highest in more than seven weeks on buying fuelled by Donald Trump's comments on NATO and China.
Copper eased as a stronger US dollar prompted some investors to cash in gains after the metal touched a five-week high.
Iron ore has carried last year's bullish momentum into the start of 2017, with prices rallying to a two-year high.
​Copper hit a five-week high on Friday while aluminium climbed to its highest in nearly 20 months.
Iron ore imports by China surged to a record last year amid unexpectedly strong steel production and lower local mine output.
​Chinese rebar steel futures rose for a fourth session amid Beijing's campaign to pare excess steel production capacity.
The Obama administration filed a new complaint against Chinese aluminium subsidies at the World Trade Organisation.
A wage negotiation at the world's top copper mine is showing the downside for producers of recovering prices.
Here's something to give a fresh shot in the arm to copper, the second-best-performing base metal over the past three months: the prospect of strike action at its biggest pit.
Iron ore and steel futures in China advanced for a third session on Wednesday, hitting their strongest in three weeks
''Productive'' meeting with president-elect
Dalian iron ore surged to its highest in more than three weeks amid renewed threats to Chinese steel output.
Shares in struggling uranium miner Paladin Energy slumped on Tuesday as it disclosed a complex proposal to restructure its borrowings.
Chinese coking coal prices rose for a fourth straight session, notching up their best daily gain in a month.
Optimism that the surge in commodity prices may help lift government revenues and reduce the budget deficit has been pulled up short by a steep fall in spot coking coal prices since the start of the new year.
Plans by the Baird government to overhaul the state's mining approval process have drawn the ire of anti-coal groups and wary support from the industry.
Chinese coking coal prices were higher on Friday, notching up their first weekly rise in more than a month. Iron ore tumbled.
The sister of bankrupted former billionaire Nathan Tinkler is facing bankruptcy after being accused of entering into uncommercial transactions and breaching her directors' duties.
No major commodity had a worse 2016 than uranium. In fact, the element used to make nuclear fuel has had a pretty dismal decade.
Chinese iron ore and steel rebar prices jumped, with iron ore rising 2.2 per cent and snapping a three-day losing streak.
Watch out for the unexpected in commodities markets in 2017, says the bank, giving a laundry list of possible threats for raw materials from energy to metals.
Iron ore prices are set for a retreat this year after surging in 2016, according to RBC Capital Markets, recently the most accurate forecaster for the commodity.
After surging in 2016 in a rally that caught out many investors, the commodity faces a challenge on renewed supply concerns.
Gains in commodities will continue next year - at least that's what hedge funds are signaling.
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