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

“The likelihood of a deal succeeding has materially increased,” analysts said.

Samarco had struggled to reach an agreement for years with its creditors, who rejected its initial recovery plan in April 2022.

Butterfield Canyon, which once hosted a Rio Tinto Kennecott mine that was part of the Bingham Canyon complex, has turned into the Butterfield Trailhead Regional Park.

Aurubis revealed this week it has uncovered a large-scale fraud involving shipments of scrap metal that it uses to feed its copper smelters.

The company pegged the financial impact of the dispute at its Penasquito mine at approximately $1 million in maintenance costs and $2.7 million a day in lost revenue.

Glencore's co-head of zinc and copper trading Nick Popovic is retiring after more than 30 years.

BHP's $6.4 billion purchase of Oz Minerals included an untapped gold deposit and four small, but high-grade, copper-gold mines in the state of Para.

In regions like Canada and the US, enrollment or graduation from university courses related to mining engineering slipped in recent years.

The agreement sealed between the company and creditors provides for a 25% discount on the company's debts, which reach $9.7 billion.