Rusal’s profit slumps on subdued prices despite higher salesThe world's largest aluminum producer outside China reported an 84.3% slump in its annual profit on Friday.Reuters | March 14, 2024 | 6:22 pm
Cliffs CEO weighs lowball bid for US Steel with union backingThat potential bid, though, is dependent on the current Nippon-US…Bloomberg News | March 14, 2024 | 1:26 pm
Queen’s University, UBC, unveil C$2 million Don Lindsay Teck Award in mining engineeringThe endowments will generate annual renewable scholarships at each university,…Staff Writer | March 14, 2024 | 6:56 am
Strike at Mexico gold mine costs Newmont $3.7 million a day 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. Bloomberg News | September 1, 2023 | 1:11 pm
Another Glencore veteran departs as trader Popovic retires Glencore's co-head of zinc and copper trading Nick Popovic is retiring after more than 30 years. Bloomberg News | September 1, 2023 | 11:18 am
World’s biggest miner reviews newly acquired Brazilian assets 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. Bloomberg News | September 1, 2023 | 11:13 am
It’s getting harder to find mining engineers a green world needs In regions like Canada and the US, enrollment or graduation from university courses related to mining engineering slipped in recent years. Bloomberg News | September 1, 2023 | 10:18 am
Court approves Samarco’s judicial recovery plan The agreement sealed between the company and creditors provides for a 25% discount on the company's debts, which reach $9.7 billion. Staff Writer | September 1, 2023 | 8:53 am
JPMorgan upgrades Vale stock on iron ore demand Steel overproduction in China represents a potential catalyst for shares, JPMorgan said. Staff Writer | September 1, 2023 | 8:34 am
Fortescue founder toys with reverse greenwashing Guy Debelle resigned from the board of Fortescue’s green energy, continuing the run of abrupt departures by executives at the miner. Reuters | September 1, 2023 | 8:01 am
Fortescue executive rout continues as Debelle quits green unit Earlier in the week, metals division's CEO Fiona Hick announced departure, and on Thursday the division's finance chief Christine Morris stepped down. Reuters | August 31, 2023 | 5:26 pm
Vedanta lobbied to weaken environmental regulations during pandemic – report Vedanta's oil business, Cairn India, also successfully lobbied to have public hearings scrapped, an OCCRP report says. Reuters | August 31, 2023 | 4:12 pm