BHP Billiton has cut fiscal 2016 iron ore production guidance by 10 million tonnes, citing adverse weather over the last quarter.
Higher iron ore prices this year are likely to stay into 2017 as producers cut output, says Shaw and Partners' metals and mining analyst, Peter O'Connor.
Rio Tinto on Tuesday cut its 2017 production guidance from its Australian iron ore mines due to a delay in the roll out of its Autohaul technology.
The iron ore rally this year puts the revenue of major miner Rio Tinto "in good stead," says Fat Prophets' resources analyst, David Lennox.
David Faulkner, Central & Eastern Europe & Sub-Saharan Africa economist for HSBC, says the fundamentals are poor for the South African currency.
Bron Sucheki, vice president of Monetary Metals, sees gold fairly-priced while he believes silver is overvalued by more than a dollar.
Rio Tinto is well-placed to take advantage of improving commodity prices, says Paradigm Securities' resources head, Barry Dawes.
Peabody Energy, the world's largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday.
Alcoa also said its engineered products and solutions unit cut 600 positions in the first quarter.
A dovish Fed, negative interest rates and a "funky" U.S. presidential election are driving nervous investors to gold, says Rex Shares CEO Greg King.
Nick Clarke, CEO of Central Asia Metals, shares his outlook for the mining sector and the uncertainty around copper prices and oversupply.
Significant overcapacity will remain in China's steel sector even after restructuring, industry executives said. The FT reports.
Chinese exports are a factor in the European steel industry's downturn, according to Alessandro Abate, head of metals & mining at Berenberg.
Arrium has nearly $2.5 billion of debt, which is far too much for a company that size, warns Rob Brierley, head of research at Patersons Securities.
China may be about to shock the global copper market by unleashing some of its stockpiles of the metal, onto the global market.
Australia lifted its 2016 price forecast for iron ore by 11 percent on Friday, though kept it well under current market prices.
U.S. ratings agency Moody’s has warned oil, gas and mining companies are finding it harder to raise short-term liquid funds.
Geoffrey Yu, ultra high net worth investment strategist at UBS, says its too early to call a global rally in mining and commodity stocks.
Arrium on Thursday was placed in voluntary administration after the collapse of a recapitalization plan amid a bleak outlook for commodities.
Annalisa Jeffries from Platts explains that China's construction season was among the factors driving copper prices up in Q1.