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Vale, Cyclone Metals sign $138m development agreement for Canada’s Iron Bear project
Australian miner Cyclone Metals has signed a binding commercial agreement with Brazilian mining giant Vale for a joint ...
Reclusive iron ore magnates $8b richer after selling to Japan’s Mitsui
The Bennett and Wright families are the heirs to the fortune made by Peter Wright, the business partner of mining magnate ...
TradeWinds3h
Why is China buying capesizes and newcastlemaxes? Simandou, says Himalaya Shipping
Data from Clarksons show that Chinese buyers, including those headquartered in Singapore, have bought 41% of all the 102 ...
Bloomberg L.P.16d
Guinea Sees Maximum Simandou Output in Second Year of Operation
Guinea expects the giant Simandou iron-ore project, which is expected to begin production by December, to achieve maximum output by its second year of operation. The government projects the two ...
Mining2d
Billionaire Friedland’s iron ore miner seeks up to $190 million in Australia IPO
Mining billionaire Robert Friedland’s latest venture, iron ore producer Ivanhoe Atlantic Inc., is seeking to raise as much as A$300 million ($190 million) from an initial public offering in Australia, ...