FSUMF News and Press, Fortescue Metals Group Ltd. From 02/05/19

Introduction The global economy appears to remain bearish moving further into 2019, which presents some opportunities to short business cycle-sensitive sectors. The construction sector in particular is a strong indicator of a country’s economic health; how consumers behave when purcha...

Chinese iron ore futures surge more than 9% and shares of mining rivals BHP and Rio Tinto (NYSE: RIO ) each rise ~2% in pre-market trade after Vale (NYSE: VALE ), the world’s largest producer, outlined plans to cut production following Brazil's deadly dam breach. More news on...

Rio Tinto ( RIO +0.8% ) and BHP ( BHP +0.2% ) are only modestly higher even as iron ore prices in China spike to a 16-month high and investors expect the global miners to claim more share of global iron ore production after Vale's ( VALE -17% ) dam disaster in Brazil. More news on:...

Iron ore prices may react next week following today's tailings dam breach at Vale's (NYSE: VALE ) Corrego de Feijao iron ore mine in Brazil's Minas Gerais state. More news on: Vale S.A., BHP Billiton Limited, Rio Tinto plc, Commodities news, Read more ...