by Gordon Barratt | Nov 2, 2026 | News
Iron-ore prices ticked up on Monday, following dramatic falls in the prior two months, helped by a slower-than-expected fall in demand from top consumer China, although expectations of a supply glut in the fourth quarter limited gains. The most-traded iron-ore...
by Gordon Barratt | Nov 2, 2026 | News
Vale is unlikely to pay extraordinary dividends this year, the firm’s CFO Marcelo Bacci said on Friday, after the Brazilian miner reported a 20% slump in third-quarter core profit, hit by lower iron ore prices and elevated fuel and freight costs. Citing...
by Gordon Barratt | Nov 2, 2026 | News
US President Donald Trump said on Sunday that his administration has the “concept” of a new trade deal with Canada while Prime Minister Mark Carney said the two leaders had a good conversation on the future of trade between their countries. “I...
by Gordon Barratt | Oct 30, 2026 | News
Brazilian miner Vale reported on Thursday a 53% decline in its third-quarter net profit from a year earlier, hit by lower iron ore prices and higher costs, including freight. Vale, one of the largest iron ore producers in the world, posted a $1.26-billion net profit...
by Gordon Barratt | Oct 30, 2026 | News
Tanzania and Angola have agreed to connect their Indian Ocean and Atlantic Ocean transport corridors with a railway link via Zambia and the Democratic Republic of Congo, Tanzanian President Samia Suluhu Hassan said. The Benguela railway in Angola will join the...
by Gordon Barratt | Oct 30, 2026 | News
Glencore has reported an 11 per cent quarterly increase in Australian thermal and semi-soft coal production, as stronger output at Ulan West supported a September-quarter recovery across its local coal operations. The miner produced 17.5 million tonnes (Mt) of...
