Alrosa agrees to sell some production to the stateThe Russian finance ministry has agreed with diamond producer Alrosa to purchase part of the company's production.Reuters | March 27, 2024 | 11:14 am
Rivers near Congo copper and cobalt mines are toxic – reportLocal residents reported a lack of clean drinking water.Staff Writer | March 27, 2024 | 9:24 am
Magna Mining signs offtake deal with Vale for Crean Hill projectUnder the agreement, initial production from Crean Hill would be…Staff Writer | March 27, 2024 | 6:59 am
Vale considers taking steel decarbonization model to US, Brazil Under the proposal, Vale would build briquetting plants that would feed third-party direct reduction facilities on the same site. Bloomberg News | August 29, 2023 | 4:12 pm
Mosaic CEO James O’Rourke to step down at year-end Bruce Bodine, Mosaic's senior vice president of North America, would take charge as the new CEO in January. Reuters | August 29, 2023 | 2:35 pm
Chinese steel demand declining less than data suggests, says Vale executive Vale is "cautiously optimistic" about the largest global consumer of iron ore, as China's economy has proven resilient. Reuters | August 29, 2023 | 11:02 am
Private credit funds mull jumbo loan for Australian coal mines The funds are in talks to potentially underwrite financing of $2-3 billion for competing bids from Indonesian mining contractor Buma and Australian coal producer Stanmore. Bloomberg News | August 29, 2023 | 10:37 am
Polyus H1 adjusted net profit jumps 33% y/y Physical sales volume rose 24%, while gold output jumped 36% to 1.45 million ounces. Reuters | August 29, 2023 | 9:06 am
Sibanye says still in race for Zambia’s Mopani Copper Mine assets The company said a competitive process to determine a successful bidder is under way. Reuters | August 29, 2023 | 8:27 am
Hindustan Zinc eyes jump in output under chair Agarwal Hebbar The company wants to grow its annual mined metal output to 1.5 million tons, from around 1 million tons now. Bloomberg News | August 29, 2023 | 8:24 am
Rio Tinto-First Quantum JV to develop massive copper project in Peru La Granja is described by the new partners as one of the world’s largest undeveloped deposits of the coveted metal. Cecilia Jamasmie | August 29, 2023 | 3:50 am
Lynas flags higher costs for Kalgoorlie rare earths plant, profit slumps The world's largest producer of rare earths outside China reported a net profit after tax of A$310.7 million. Reuters | August 28, 2023 | 4:12 pm