Fortescue to step up energy spending despite job cuts"We see a massive potential in green iron industry out of Australia, supplying China," CEO says.Reuters | July 24, 2024 | 5:10 pm
Fortescue forecasts higher annual iron ore shipmentsProduction was higher due to the implementation of a recovery…Reuters | July 24, 2024 | 4:33 pm
Codelco says it will wait to evaluate financing for El Abra expansionFreeport McMoran, which owns 51% of the mine, plans to…Reuters | July 24, 2024 | 11:28 am
Vale Indonesia shareholders approve rights issue plan The rights issue that will facilitate the acquisition of a stake by Indonesia's state mining holding company MIND ID. Reuters | April 20, 2024 | 11:31 am
Glencore and Trafigura’s sanctions games are draining the LME The world’s two biggest metals traders plan to withdraw the metal to profit from a new multi-tiered system created by the sanctions. Bloomberg News | April 19, 2024 | 1:42 pm
Albemarle amongst recipients of tax credits under Biden’s clean energy drive Thirty five projects got a total of $1.93 billion in tax credits. Reuters | April 19, 2024 | 10:56 am
Congo copper mine suspended amid radiation concerns The La Compagnie Minière de Musonoie project, known as COMMUS, is held 72% by Zijin and 28% by Gecamines. Bloomberg News | April 19, 2024 | 9:42 am
UAE giant eyes majority stake in Vedanta’s Zambian mines in expansion drive The unit of International Holding Company recently made an offer of more than $1 billion to buy a 51% stake in Konkola Copper Mines. Reuters | April 19, 2024 | 8:29 am
Codelco copper output affected by fatal accident, Chile minister says After the death of a worker last month, the Radomiro Tomic open pit is still only operating with about one third of its trucking fleet. Bloomberg News | April 19, 2024 | 8:26 am
Newmont promotes head of exploration Francois Hardy to CTO Hardy brings more than 30 years of technical and operational experience in the mining industry. Staff Writer | April 19, 2024 | 7:23 am
Codelco eyeing more output, not competition with BHP, minister says The world's largest copper producer and a symbol of national pride, is aiming this year to reverse two years of falling production. Reuters | April 18, 2024 | 2:48 pm
BHP says first stage of Jansen mine almost halfway complete The Jansen Stage 1 project is at 44% completion, said the global miner. Staff Writer | April 18, 2024 | 9:17 am