Fitch Solutions unit BMI expects iron-ore prices to settle at a yearly average of $95/t in 2026, slightly down from $97/t this year, as prices come under pressure from additional supply coming online from the Simandou project, in Guinea, while Mainland Chinese domestic demand remains weak on the back of the struggling construction industry.

Deep in the rainforests of Indonesia, a group of miners is betting there’s still billions to be made from the world’s dirtiest fossil fuel.

Vale is likely to announce extraordinary dividends in the coming months, CFO Marcelo Bacci said during a call with analysts on Friday, following the release of the Brazilian miner's third-quarter results.

Cyclone Metals has received a further A$5.17-million from Vale. This is the third tranche of funding under the binding development agreement for the joint advancement of the Iron Bear iron-ore project.

Whitehaven Coal missed market estimates for quarterly production on Friday, sending its shares lower, even as the miner said it expected metallurgical coal prices to find support in the long term from a looming global production shortfall.

Several cargoes of BHP iron-ore were put up for sale in China on Thursday and at least one was sold to a local trader, potentially defusing concerns in Australia that Beijing had imposed a ban on iron ore sales from the world's biggest miner.

Queensland has officially scrapped the former administration’s plan to close the state’s coal-fired power stations by 2035, unveiling on Friday a new Energy Roadmap that it says prioritises affordability, reliability and long-term energy security.

Three foreign workers have died in a site accident at the Simandou iron-ore project in Guinea, its co-developer Winning Consortium Simandou said on Thursday, adding that it has suspended operations and launched a full safety review.

Coal trader Salungano Group, which owns coal mines and processing plants in South Africa, expects to post a widened headline loss a share to between 110c and 114c for the financial year ended March 31, 2024.

Australia's Element 25 said on Friday it had secured firm commitments for a A$10-million share placement to help fund an expansion of its Butcherbird manganese project in Western Australia and support working capital.