Alrosa says output stable amid Western sanctionsThe Russian finance ministry said last month that Russia will regularly buy diamonds from the sanctions-hit producer through a state fund.Reuters | May 2, 2024 | 8:05 am
Coal India reports 26% rise in profit as staff costs fallCoal India’s stock has nearly doubled over the past year.Bloomberg News | May 2, 2024 | 7:51 am
Sumitomo Corp net profit down 32% on Madagascar one-off lossSumitomo booked a total of 150 billion yen one-off losses…Reuters | May 2, 2024 | 5:21 am
Rio Tinto brings forward Simandou iron ore production to 2025 Rio owns two of four Simandou mining blocks as part of its Simfer joint venture with China's Chalco Iron Ore Holdings and the government of Guinea. Reuters | December 5, 2023 | 2:21 pm
EV boom drives miner’s $100 million hunt for new palladium uses Nornickel will invest the money through 2030 at its research and development center that works on new products. Bloomberg News | December 5, 2023 | 10:11 am
Antofagasta, union begin mediation to avoid strike The nearly 400 employees represented by a Centinela workers union last month overwhelmingly rejected a contract proposal from Antofagasta. Reuters | December 5, 2023 | 9:56 am
IAMGOLD to gain full ownership of Nelligan project with friendly takeover of Vanstar Mining Under the terms of the current JV agreement, IAMGOLD has the option to acquire an additional 5% interest for 80% by delivering a feasibility study on the Nelligan project. Staff Writer | December 5, 2023 | 9:22 am
China can’t control the price of iron ore, Vale CEO says “The rule of the economics are going to drive the price, the rule meaning supply and demand,” said Vale CEO Bartolomeo. Bloomberg News | December 5, 2023 | 7:23 am
Codelco’s production falls 5.7% in October – Cochilco The world's largest miner of the metal has struggled with operational issues and high debt. Reuters | December 5, 2023 | 7:07 am
Vale offers iron ore price support with steady output plan Nickel production was estimated at 160,000 to 175,000 tons next year, against some 165,000 tons in 2023. Bloomberg News | December 5, 2023 | 7:05 am
Rio Tinto to move towards renewable diesel at Kennecott The miner plans to replace its entire fossil diesel consumption with renewable diesel at its operation in Utah from 2024. Reuters | December 5, 2023 | 6:36 am
Crude Anglo American email highlights cyber-hack threat The incident once more throws the growing concerns over digital security in the mining industry into the limelight. Henry Lazenby | December 4, 2023 | 4:03 pm