Iron ore has rallied overnight to close to US$60 per tonne off China’s ongoing plans to cut capacity and uncertainty over China’s south sea claims.
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Australian Government predicts lower iron ore prices
The Australian Government has revised its initial 2016 budget forecasts for iron ore, dropping them by a fifth as market volatility continues.
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Is iron ore set to fall to $35?
Despite iron ore’s recent strength, analysts remain negative on the metal, predicting a new floor price of US$35 per tonne.
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Iron ore rises on the back of Brexit
Iron ore has gained pace in markets overnight thanks to concerns over the Brexit’s effect on trade.
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Tracking the 2016 Trends – Part 4
The fourth of a ten part series examining the trends that will drive the mining industry in 2016.
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Rio Tinto announces new business organisation
Rio Tinto has changed its organisational structure, with iron ore head Andrew Harding to leave the business.
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Killed Rio Tinto worker named
The shutdown fitter killed earlier this week at the Channar mine has been named as Lee Buzzard.
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Worker killed at Rio Tinto’s Channar mine
The first fatality of 2016 has been recorded, after a worker has died in an incident on Rio Tinto’s Channar iron ore mine.
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NRW wins Rio Tinto contract
NRW has won a $30 million contract for earth and civil works at Rio Tinto’s Yandicoogina mine.
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Iron ore falls after steady price
The price of iron ore has dropped yet again, falling by 0.6 per cent to $US51.80 a tonne, after remaining stable for the last three days.
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BHP considers new Pilbara mine
BHP has begun planning for a new operation to potentially replace its aging Yandi iron ore mine.
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Is mining back in a bull market?
After years of brutal readjustment from the boom, is mining well and truly out of the downturn?
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Administrator hopeful of pre-election federal co-investment for Arrium
Arrium’s administrator has said it is “quietly confident” federal assistance could be delivered by the July 2 election, though the government has said it wouldn’t be rushed into a decision.
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Iron ore stable as majors prepare for additional supply
Iron ore has begun stabilising after a series of falls, with a stronger price point likely to see more marginal players re-enter the market.
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Rio Tinto uncovers ancient Aboriginal artefacts
The discovery of rare indigenous artefacts on Rio Tinto’s planned Pilbara Western Turner Syncline expansion may effect continued development.
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Rio Tinto advance Simandou iron ore project
Rio Tinto has taken its embattled Simandou iron ore project to the next step, submitting its bankable feasibility study.
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FMG celebrate eight years of shipments
Fortescue has celebrated its ‘lucky eight’ year anniversary of its first shipment to Chinese customers.
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South Australia announces new iron ore strategy
The South Australian Government has announced a new magnetite strategy, committing to an annual export goal of 50 million tonnes of iron ore by 2030.
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Pilbara miners slam Port Hedland sale to Utah Point
Pilbara miners have slammed the State Government's approach to selling the Port Hedland facility after Utah Point generated enough cash to pay off the government's $235 million infrastructure investment.
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Is iron ore’s rally over?
Iron ore’s reversals from its US$70 high are continuing, as the metal slipped close to US$51 per tonne.
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