Iron Ore

UPDATE 1-Dalian coke extends rally to record high as China output curbs bite

* Coke futures jump nearly 8 pct to just below upside limit<p>* Steel surges 4 pct amid Tangshan plan to move curbs earlier<p>* Coal hub Shanxi starts inspections on diesel trucks (Recasts, adds analyst comment, updates prices)<p>By Manolo Serapio Jr<p>MANILA, Aug 17 (Reuters) - Chinese coke futures surged …

China

Sishen helps lift Exxaro dividend

Exxaro’s decision to almost double its dividend might have improved shareholder optimism on coal’s prospects, but it is in fact a passive investment …

Investing

HOW THIS IS MONEY CAN HELP

Anglo-Australian miner Rio Tinto has hired bankers to sell its £4.7billion Canadian iron-ore operations, according to reports.<p>Possible bidders for …

Money (UK)

Anglo Pacific buys iron ore royalty stake, seeks more deals

© Reuters. Anglo Pacific buys iron ore royalty stake, seeks more deals<p>LONDON, Aug 16 (Reuters) - London-listed Anglo Pacific Group APF.L has bought a …

Rio Tinto

Probe begins into Rio mine fatality

AN INCIDENT at an iron ore mine in the Pilbara has resulted in the death of a worker overnight.<p>Mining giant Rio Tinto this morning confirmed the …

Rio Tinto

Anglo American expects to obtain permit for Minas-Rio mine by June 2019

SAO PAULO, Aug 15 (Reuters) - Miner Anglo American Plc expects to obtain licenses to expand its Minas-Rio multibillion-dollar iron ore mine in Brazil by June next year, the company’s CEO for Brazil Ruben Fernandes told Reuters on Wednesday.<p>Minas-Rio is Anglo American’s biggest development project, …

Brazil

Commodities prices tumble in China | Financial Times

A raft of Chinese commodities prices fell on Thursday, with iron ore futures tumbling further from a recent peak and the Australian dollar hovering …

Stock Markets

Chris Ellison's MinRes eyes offshore site for $600 million lithium hydroxide plant

Mineral Resources has raised the prospect of building a $600 million lithium hydroxide plant linked to its Wodgina project in south-east Asia rather …

Exports

Sky News: Rio Tinto approaching bidders for $6B Canadian iron ore stake

Rio Tinto (RIO -4.3%) has hired Credit Suisse to conduct an auction of its 58.7% stake in Iron Ore Company of Canada, as it seeks to take advantage …

Business

Union fury as BHP sends South Flank steel work offshore

The Australian Manufacturing Workers’ Union has called on Premier Mark McGowan to pressure BHP into reconsidering the award of major steel work …

Fabrication

Mining sector seeks lower tax, export duty exemptions

The Federation of Indian Mineral Industries (FIMI)has sought rationalisation of tax on mining, and exemption from export duties on iron ore and bauxi

Business (India)

Lithium and copper stocks on watch as RBA tips boom

The Reserve Bank of Australia has forecast a boom for copper and lithium exports as renewable energy generation and electric cars gain traction – …

Reserve Bank of Australia

Aurizon earnings dented by iron ore haulage

BNIQ sponsored by<p>Total Shareholder Return as at 30/09/16<p>Revenue<p>31st<p>$3,458.0m<p>51st<p>$760.3m<p>54th<p>$666.3m<p>58th<p>$446.5m<p>59th<p>$359.3m<p>77 listed non wa companies …

Financial Services

Singapore’s high-grade future for iron ore

Demand for higher grade ore that is cleaner and more efficient has soared over the past two years.

Stock Markets

Odisha govt likely to auction 17-18 mines this year

Bhubaneswar, Aug 10 (IANS) The Odisha government is planning to put up around 18 mining blocks including iron ore mines for auction this financial …

India

Increase In Coking Coke, Iron Ore Prices Will Add Pressure On JSPL, NA Ansari Says

Jindal Steel & Power Ltd. would face pressure if the prices of coking coke and iron ore prices increase further, the Chief Executive Officer of its …

Markets (India)

China's commodity imports stay resilient, but U.S. trade dispute looms: Russell

LAUNCESTON, Australia (Reuters) - It’s tempting to look at China’s imports of major commodities in July and conclude that the strength is a sign that the escalating trade dispute with the United States isn’t having much of an impact.<p>Imported coal is seen lifted by cranes from a coal cargo ship at a …

China

Rio Tinto considers float of Canadian iron ore business-sources

LONDON, Aug 9 (Reuters) - Rio Tinto , the world’s second largest listed mining company, is exploring a public listing of its Iron Ore Company of Canada business, banking and industry sources said, as it focuses on boosting revenue from its flagship Australian assets.<p>Iron ore, which accounts for …

Rio Tinto

Odisha to auction 31 lapsing mineral blocks, notification likely in 2019

According to the notified rules, mine leaseholders are required to submit exploration plans in 60 days from the date of the notification

Auctions

Women in Leadership: the CEO panel - diversity beyond gender

WA<p>Aug 9<p>This event, the second in CEDA WA’s 2018 Women in Leadership series, features chief executives and senior leaders of some of our nations’ …

Leadership

NMDC sees marginal growth in Q1 profit at ₹975 cr

Iron ore mining major NMDC has registered a profit of ₹975 crore for the first quarter ended June 30, 2018, registering a marginal increase from ₹969

Business (India)

Iron ore nears $70 as Beijing cracks down on pollution | Financial Times

A government-led crackdown on pollution and excess steelmaking capacity in China has helped drive the price of iron ore close to $70 a tonne for the …

China

Fortescue out of kilter on iron ore discounts

Elizabeth Gaines cannot seem to crack it on the timing of her ministrations for what most perceive as the lost normal of iron ore markets.<p>In the …

Iron Ore

Instant View: China's copper, coal, oil and iron ore imports rise in July

(Reuters) - China’s imports of copper, iron ore, coal and oil rose in July from the previous month, customs data showed on Wednesday, but soy imports dipped.<p>FILE PHOTO: Shipping containers are seen at a port in Shanghai, China July 10, 2018. REUTERS/Aly Song<p>KEY POINTS:<p>* Copper: China imported …

China

Rand gains on stalled dollar rally, Turkish lira fall

The rand gained more than one percent on Tuesday, reversing the previous session’s losses as the dollar rally paused and investors sought …

Stock Markets

China's iron ore imports rise in July despite pollution curbs

BEIJING (Reuters) - China’s iron ore imports rebounded in July, customs data showed on Wednesday, buoyed by record steel production and strong margins as official measures to cut pollution curb the output of cheaper products from small mills.<p>FILE PHOTO: Workers walk past an iron ore storage site at …

China

BRIEF-Labrador Iron Ore Royalty Q2 Loss Per Share C$0.05

<i>0</i><p>Recent Alerts<p>Sign up to create alerts for Instruments, Economic Events and content by followed authors<p>Free Sign Up<p>Already have an account? Sign …

Financial Markets

CORRECTED-Wages, activity pick up in Australia's iron ore heartland

(Corrects spelling of name to Katina from Katrina in final paragraph)<p>* Confidence returning after end of mining boom in 2012<p>* Demand for labour “best in five years” - contractor<p>* Lead-times for equipment, services on the increase<p>* Equipment supplier sees return to “normal cadence”<p>By Melanie …

Western Australia

Goa CM Parrikar to meet PM Modi to restart iron ore mining in state

Goa Chief Minister Manohar Parrikar is set to meet Prime Minister Narendra Modi and a group of ministers headed by Road and Transport Minister Nitin …

India

Aussie dollar flat as investors applaud Wall Street earnings

<b>The Australian dollar is buying 73.87 US cents, down slightly from 73.95 US cents on Monday.</b><p>Australian shares look set to open steady on the back of …

Stock Markets