Brazil sees potential railway concession agreement with Vale this month

The agreement with Vale could reach some 20 billion reais ($3.70 billion).

Reuters | June 12, 2024 | 1:52 pm

Vale, BHP make new offer on Mariana disaster reparations

Vale said the new proposal totals $26.09 billion.

Staff Writer | June 12, 2024 | 11:05 am

Tsingshan plans another 50,000t nickel LME listing this year

The company already listed nickel cathode from its Dingxing plant…

Reuters | June 12, 2024 | 7:35 am

Indonesia nickel firm in talks with Glencore ahead of 2025 listing

The company is in talks to secure a stake sale…

Reuters | June 12, 2024 | 7:25 am

MMG to invest $700 million to double copper output at Botswana mine

MMG announced in March that it had completed a deal…

Reuters | June 12, 2024 | 7:15 am

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The entire Simandou project will be completed and put into operation in 2026, Baowu said in the document.

Reuters | January 30, 2024 | 8:15 am

Vale’s 2023 iron ore output tops guidance, but sales fall

The company produced 89.40 million metric tons of iron ore in the last three months of 2023.

Reuters | January 29, 2024 | 1:42 pm

Brazil state prosecutor urges Vale, BHP to settle over dam disaster

The Minas Gerais state prosecutor general says the companies risk paying a lot more in court.

Reuters | January 29, 2024 | 12:21 pm

First Quantum to sell 120,000 tons of copper in Panama mine

The miner said selling the copper concentrate is the best alternative to generate resources to cover the costs.

Reuters | January 29, 2024 | 12:17 pm

Barrick sings Kibali praises: Africa’s largest gold mine is among greenest

Electricity for Kibali comes from three hydroelectric stations and the newly commissioned 16 MW solar power plant and energy storage facility.

Staff Writer | January 29, 2024 | 11:59 am

Third mine disaster in a decade tests ESG boundaries in Brazil

Again and again, Brazil is showing just how quickly money managers are willing to shrug off disasters.

Bloomberg News | January 29, 2024 | 9:53 am

Endeavour goes to court to end strike at Burkina Faso gold mine

Endeavour has slumped 18% this year.

Bloomberg News | January 29, 2024 | 7:45 am

Codelco pays heavy price for ramping up debt burden to fund over-budget projects

The miner sold two tranches of debt worth a total of $2 billion last week at 230 basis points and 235 points above US Treasuries.

Bloomberg News | January 29, 2024 | 7:42 am

Russian tycoon’s investment group sells Polymetal stake to Omani-owned consortium

Polymetal International is seeking to sell its Russian assets, which were sanctioned by the US in 2023.

Reuters | January 29, 2024 | 7:07 am

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