Hudbay Minerals closes $402.5 million upsized public offering

The net proceeds will be used by Hudbay to accelerate mine pre-stripping activities and mill optimization initiatives at Copper Mountain.

Staff Writer | May 24, 2024 | 9:03 am

Vale hires Russell Reynolds to advise on CEO selection

Vale intends to announce a new CEO by December 3.

Reuters | May 24, 2024 | 8:41 am

Newmont reopens Argentina’s Cerro negro gold mine

The gold mine, located in the southern Argentinian province of…

Staff Writer | May 24, 2024 | 5:33 am

Nornickel plans to build PGMs refinery in Bahrain

Nornickel is the world's largest producer of palladium and a…

Reuters | May 23, 2024 | 3:12 pm

Anglo shareholders say BHP should amend structure or sweeten bid

Of the investors that Bloomberg spoke to this week, some…

Bloomberg News | May 23, 2024 | 12:16 pm

BHP to review $9.7 billion charge over Brazil dam failure

The fine is part of a broader claim seeking $31.5bn for reparation, compensation and moral damages tied to the Fundão dam failure in 2015.

Cecilia Jamasmie | January 26, 2024 | 4:03 am

Brazil judge orders Vale, BHP and Samarco to pay $9.7 billion in damages

The Samarco Fundão dam burst in November 2015 — it was Brazil’s worst environmental disaster.

Staff Writer | January 25, 2024 | 12:01 pm

Brazil’s Lula slams miner Vale over 2019 Brumadinho disaster

The Brazilian President criticized Vale for "not having done anything to repair the destruction".

Reuters | January 25, 2024 | 10:24 am

Fortescue to work with China officials to clear iron ore shipments

Two iron ore cargoes from the world's No.4 supplier were facing unusual customs delays at north China's Caofeidian port.

Reuters | January 25, 2024 | 9:35 am

Vedanta beats Q3 profit view on production, sales uptick

Grappling with falling metal prices, the company has reported profit falls since the first quarter of 2022.

Reuters | January 25, 2024 | 6:27 am

Plaintiffs demand 582m euros from TÜV Süd over Brazil dam burst

TÜV Süd's lawyers have referred responsibility to Vale.

Reuters | January 25, 2024 | 6:09 am

Harmony sees half-year gold output up 14%

Harmony said the production increase was driven by higher underground grades at its Mponeng and Moab Khotsong mines.

Reuters | January 25, 2024 | 6:04 am

BHP diverts shipments to avoid Red Sea attacks

The world’s largest miner said most of its shipments don't go through this route, adding there have been no major disruptions so far.

Cecilia Jamasmie | January 25, 2024 | 3:48 am

Fortescue posts drop in second-quarter iron ore shipments

The world's fourth largest iron ore miner shipped 48.7 million tonnes of the steel-making commodity in the quarter ended Dec. 31

Reuters | January 24, 2024 | 3:07 pm

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