The Diggers & Dealers Mining Forum kicked off in Kalgoorlie on Monday with talk centered on shrinking market caps, cost cuts and consolidation.» Read More
U.S. steel companies in June had filed a complaint with the U.S. government over cheaper imports of corrosion-resistant steel from China, India, Italy, South Korea and Taiwan, kicking off a process that could end in import duties. Cliffs has taken a hit from weak prices for iron ore, caused by excess supply from major iron ore miners such as Vale SA, Rio Tinto Plc and BHP...
Rio Tinto Thursday posted a sharp rise in second quarter iron ore output from a year ago as it battled to maintain its top market position in China.
Asian equities rose on Thursday after the Greek parliament voted in favor of a new bailout plan, but Chinese market volatility remained a worry.
Asian shares ended mixed on Tuesday as volatility returned to mainland markets and oil plunged following long-awaited deals in Greece and Iran.
Europe closed largely higher on Wednesday after Greek Prime Minister Alexis Tsipras said he had submitted reform proposals to creditors.
June 29- Former Xstrata boss Mick Davis' X2 Resources is in "serious" talks to purchase some of Rio Tinto Plc's Australian coal assets, the Financial Times reported citing people familiar with the matter. A sale of Rio's thermal coal assets in New South Wales would be the biggest divesture by the company under Chief Executive Sam Walsh, for the past two and a half...
European equities closed mostly higher on Friday despite the failure of euro zone finance ministers to reach a deal with Greece.
The world's biggest miners lost $156 billion of their combined market value last year, according to new data, and the losses could keep flowing.
Asian equity markets tide over a data-heavy Thursday with advances across the board.
MSCI's decision to delay the inclusion of China-listed shares in its emerging market index weighed on mainland markets on Wednesday.
Equity markets in Shanghai and Japan outperformed the region with marginal gains on Wednesday.
Stock markets in Asia mostly rise on Monday, with Tokyo and Shanghai scoring fresh multi-year highs.
Mongolia and Rio Tinto have reached an agreement paving the way for work to resume on a stalled $5 billion underground copper mine.
As BHP Billiton's spin-off begins trading, investors are eyeing the battered mining sector for longer-term opportunities.
A new trading week ushered in another mixed trading session for Asia, as investors' confidence wavered following more below-view data from China.
BHP Billiton's spin-off South32 debuted near the bottom of expectations as investors awarded only a small premium to the new listing.
BHP Billiton, said it would slash its iron ore production cost further and cut spending to better withstand a downturn in commodity prices.
Asian shares traded mixed on Tuesday, as investors weighed a raft of earnings and kept an eye on Australia's federal budget and Greece's debt crisis.
Asian stocks mostly advanced on Monday as China rolled out its third interest rate cut since November.
U.K. equities closed higher on Friday, with the majority of European markets and many international markets closed for the Labor Day holiday.