Glencore signs deals to buy 49% of Hunter Valley coal
Glencore's share price has edged higher after its Hunter Valley coal deal, expected to be completed in six months, followed a bidding war.
Glencore's share price has edged higher after its Hunter Valley coal deal, expected to be completed in six months, followed a bidding war.
Vale, the world's largest producer of iron ore, was crimped by a weaker currency and higher output costs in its latest quarter.
Goldman Sachs boosted its iron ore forecast for the next three months to $US70 a tonne, from $US55.
Tin hit its highest price in six months on reports of smelter shutdowns in China, the world's largest tin producer.
Fortescue Metals Group has reported higher than expected fiscal 2017 iron ore shipments and said it cut costs by 15 per cent in the fourth quarter amid a widening price discount for its ore.
Plans to develop an open-cut coal mine in the bucolic Bylong Valley lack key information about the impacts on the landscape, water resources and the community, the state's Planning Assessment Commission has found.
Kumba Iron Ore chief Themba Mkhwanazi expects iron ore to fall back to $US55-$US60 a tonne in the second half.
Copper surged, lifting shares of producers including Glencore, on bets that demand in China will fuel a global shortage.
China's steel rebar futures climbed for a third session as the crackdown on low-tech steel furnaces accelerated.
Brazil unveiled sweeping changes to its mining code, boosting royalties in the latest move to reduce a budget deficit.
Copper prices hit their highest in more than two years, boosted by signs of robust demand from China.
Gautam Adani is the focus of an uproar over the resignation of a top journalist who alleged that Indian PM Narendra Modi helped the Adani Group.
Rio Tinto Group faces a probe by Britain's Serious Fraud Office (SFO) over its business dealings in Guinea.
The Philippine president wants all minerals extracted in his country to be processed domestically.
Newcrest Mining said its fourth-quarter gold production fell 7.7 per cent from a year ago after its flagship Cadia mine was hit by an earthquake, but output was just enough to meet its full-year target.
Copper hit a 4-1/2 month peak on strong growth in China, a weak US dollar and worries about supply disruptions.
Fortescue Metal Group is likely to lodge an appeal after the Federal Court recognised a native title claimant group has exclusive rights over Pilbara land where the company operates the Solomon iron ore mine.
Businessman and former MP Clive Palmer is back on Australian soil after a lavish Mediterranean cruise but he's still not sure where in the world his globe-trotting nephew is.
Fortescue Metal Group is likely to lodge an appeal after the Federal Court recognised a native title claimant group has exclusive rights over Pilbara land where the company operates the Solomon iron ore mine.
Iron ore's strong start to the second half will probably fade, according to Sucden Financial and Bank Julius Baer & Co.
Vale said iron ore output would close the year near the bottom of its forecast of 360 million to 380 million tonnes.
Native title holders in the Pilbara will seek compensation after winning their long-running battle with iron ore miner Fortescue Metals Group.
A plan by top global liquefied natural gas (LNG) exporter Qatar to ramp up output will stall the expected growth of U.S. LNG exports, Woodside Petroleum chief executive Peter Coleman said.
The reigning iron-ore king Vale is expected to set another quarterly production record when it reports this week.
BHP has hit its annual production target for iron ore in the year just ended, thanks to record production in Western Australia.
BHP has hit its annual production target for iron ore in the year just ended, thanks to record production numbers at its West Australian iron ore operations.
The case was brought against Prime Minister Malcolm Turnbull and Employment Minister Senator Michaelia Cash after alleged comments made at press conferences in China last year.
Average prices for Rio Tinto iron ore from the Pilbara in the first half of 2017 are up 26.5 per cent on average prices for full year 2016, according to a production update released by the mining giant on Tuesday.
The underlying reality is that China's steel mills are being incentivised to lift production rates by strong prices.
Sprott, the precious metals-focused money manager, sees gold rising through $US1400 an ounce by the end of 2017.
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