Vale to pay out $2 billion to shareholders, launch buyback programThe company will pay 2.33 reais per common share in dividends and interest on capital on Dec. 1.Reuters | October 26, 2023 | 1:38 pm
Champion Iron shares rise on Bloom Lake expansionThe company reported a 21% increase in production in Q2,…Staff Writer | October 26, 2023 | 9:22 am
Rinehart may block SQM $1bn takeover of Azure MineralsThe Australian billionaire, who recently thwarted Albemarle’s buyout of Liontown,…Cecilia Jamasmie | October 26, 2023 | 4:15 am
Gold industry sees bullion rising 10% in year despite rates Gold will rebound strongly next year, despite higher interest rates, according to a survey of the bullion industry. Bloomberg News | October 18, 2022 | 6:13 pm
Copper price falls on recession fears, China covid-19 curbs A sharp increase in ShFE copper inventories also dented sentiment. MINING.COM Staff Writer | October 18, 2022 | 10:14 am
Codelco sets record benchmark copper premium for Europe, sources say The world's biggest copper miner has agreed a record benchmark premium for European buyers at $234 a tonne for 2023, up 83% from this year. Reuters | October 18, 2022 | 9:30 am
Gold price pares gains with focus on rates outlook and recession risks Bullion has had a wild ride this year, tumbling almost 20% since a March peak as the Federal Reserve aggressively tightened monetary policy. Bloomberg News | October 18, 2022 | 8:45 am
India’s festival gold sales to shine less brightly this year Demand for gold jewelry, coins and bars typically peaks in the world’s second-biggest consumer over October to December. Bloomberg News | October 18, 2022 | 8:39 am
Zijin to buy Rosebel from Iamgold for $360 million The Chinese miner will acquire Iamgold's 95% interest in Rosebel Gold Mines, which owns the Rosebel operation and 70% of Saramacca in Suriname. Cecilia Jamasmie | October 18, 2022 | 3:43 am
Vale beats output estimate in new blow to iron ore prices The Brazilian mining giant produced 89.7 million metric tonnes, topping the 87.2 million-tonne average analyst estimate. Bloomberg News | October 17, 2022 | 4:00 pm
Buybacks ramp up in Australia on commodity rallies, M&A drop The increasing breadth of repurchases reflects extra profits from mining and energy firms, which are among the winners from surging commodity prices resulting from the war in Ukraine. Bloomberg News | October 17, 2022 | 12:43 pm
Russian mining giant told it’s not welcome at gold industry bash The London Bullion Market Association has barred Norilsk Nickel from its annual precious metals conference. Bloomberg News | October 17, 2022 | 10:35 am