Iron ore drops in Asia as inventories at China’s ports swell

2016-05-09 07:54

Iron ore futures have tumbled in Asia as port stockpiles in China expanded to the highest level in more than a year, triggering concern that a glut will persist.

Iron ore crash sends Kumba from darling to reject

2016-02-17 10:54

Kumba Iron Ore is the latest casualty of the iron ore slump as Anglo American seeks to dispose of its 69.7% stake, which accounted for half its profit three years ago.

Kumba Iron Ore sees 2015 profit plunging

2016-02-03 09:52

Kumba Iron Ore is expecting full-year earnings to plunge as much as 67% as it battled slumping prices for the steel-making ingredient.

Kumba to cut jobs, downsize flagship mine

2016-01-28 11:20

Kumba Iron Ore has said it would scale back operations, cut costs and planned to reduce jobs at its Sishen mine, sending its shares 5% higher.

Iron ore drop pummels miners as Rio tumbles

2015-10-30 10:08

Iron ore is headed for poor week and bad month in what looks like another tough year as large miners boost low-cost output while China’s demand contracts.

Aussie politicians threaten race to iron ore bottom

2015-05-18 15:13

Australia is poised to launch an inquiry into “flooding” of the iron ore market by the world’s three biggest producers – BHP Billiton, Rio Tinto and Vale.

ArcelorMittal cuts forecast on iron ore gain

2015-05-07 10:46

ArcelorMittal cut its annual profit target as decade-low iron ore prices overwhelm a recovery in steel.

Kumba tumbles as SA stocks ease ahead of Easter weekend

2015-04-03 12:01

SA stocks eased ahead of two public holidays, with investors cautious in advance of US non-farm payrolls data, which will help set the tone for next week.

London Mining shares tanker

2014-10-08 13:30

Sierra-Leone-focused London Mining, battered by a sharp drop in iron ore prices, has warned that its shares now had "little or no value.

Steep drop in African Minerals core earnings

2014-09-30 13:30

Iron ore miner African Minerals has reported a steep drop in core earnings for the first half as operating costs soared.


Iron ore surges with steel as China pledges to prop growth

2016-03-07 08:44

Iron ore has soared after China signalled its willingness to prop economic growth, with prices rising even as the authorities committed to cut excess capacity.

Anglo - the great iron ore flood's biggest victim

2016-02-17 07:53

The iron ore industry giants have claimed Anglo American as their biggest victim yet as the miner reels from a $5.6bn loss and sees a bleak outlook for the ore.

BHP, Rio evade worst as cyclone misses major ore port

2016-01-31 17:27

BHP Billiton, Rio Tinto and other iron-ore producers in Australia have evaded the worst of Cyclone Stan after it missed major export hubs and weakened as it moved inland.

Iron ore will be worst metal performer: World Bank

2016-01-27 11:30

Iron ore prices are likely to post the biggest loss among metals this year as low-cost supply continues to outstrip consumption, according to the World Bank.

Riaz Gardee: Exxaro’s BEE future – an uncertain one

2015-10-13 16:02

The commodity cycle rout has left none in its wake. Riaz Gardee looks at what the current climate means to BEE deals, in particular Exxaro.

Rio Tinto to forge on with iron ore expansion plans

2015-05-07 15:00

Rio Tinto is to stick with plans to produce iron ore at full tilt despite a plunge in prices, turning up the heat on rivals large and small.

BHP slows iron ore expansion on price drop

2015-04-22 17:45

BHP Billiton will curb the pace of its iron ore expansion in Australia as a supply glut sees prices trade near a 10-year low.

Craig Brewer: Realism, getting back to basics set mining industry tone for 2015

2015-02-19 07:49

Craig Brewer and Alec Hogg unpack the tone for the mining industry in 2015, looking back at Mining Indaba trends for the year ahead.

Indian steelmaker wants to buy London Mining

2014-10-06 14:15

India's third-largest steelmaker is in talks to buy embattled West African iron ore miner London Mining.

London Mining warns of insufficient cash

2014-09-29 13:00

London Mining has warned it does not have sufficient cash to operate its mines without raising more funds and it is in talks for a potential investment.

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