Base metals prices on the London Metal Exchange were mostly consolidating in morning trading on Wednesday October 18, after copper and zinc prices plummeted at yesterday’s 5pm close.

BHP has estimated an initial production reduction of 6-8 million tonnes of iron ore on a full-capacity basis due to damage caused by a cyclone that hit Western Australia last month.

Mining companies and other organisations submitting evidence to a UK parliamentary inquiry into the extractive industries have presented very different views on the regulatory regime for London-listed companies.

The latest news and price moves to start the Asian day on Thursday August 2.

Japan has pledged 70 billion yen ($672 million) of aid to help develop Mozambique’s coal and gas sectors over the next five years.

The latest news and price moves to start the Asian day on Tuesday June 19.

Iron ore prices fell to their lowest level in nearly two years last week, with Metal Bulletin’s 62% Fe index dropping to just above $98 per tonne cfr China before showing a modest rebound.

Brazilian miner Vale is following Mozambique’s turbulent political scenario closely, coal director Roger Downey has said.

China's weakening economy and huge new volumes of supply entering the market sent seaborne iron ore prices to their lowest levels in five years at the end of 2014.

A global dialogue intended to resolve the issue of overcapacity in China’s aluminium production would be better for creating a fair global market than the imposition of tariffs, a panel of industry experts has said.