Vale’s board advised to consider outside candidates in search for next CEO

The recommendation was part of a report submitted Friday to Vale’s board, which has been weighing whether to renew Bartolomeo’s term as CEO or start a worldwide recruitment process.

Bloomberg News | February 2, 2024 | 4:02 pm

MP Materials and Lynas explore merger amid rare earth market turmoil — report

The Australian Financial Review suggests the two companies may be…

Staff Writer | February 2, 2024 | 11:27 am

Western miners lag as oil powers enter race for Africa’s critical metals

Risk aversion is likely to leave major Western miners lagging…

Reuters | February 2, 2024 | 9:52 am

First Quantum bonds rally as miner works to free up cash

The most liquid notes due in 2031 climbed $0.15 to…

Bloomberg News | February 2, 2024 | 9:37 am

Zambia seeks to restructure Glencore debt with new Mopani investor

Zambia is seeking to restructure a $1.5 billion debt owed…

Reuters | February 2, 2024 | 8:38 am

Operations at Zijin Colombia mine partially halted after attacks

The mine, a top producer of gold in the Andean country, has suffered two attacks over the last two weeks.

Reuters | June 2, 2023 | 12:50 pm

Rio Tinto’s Boron mine in California becomes first to switch to renewable diesel

Swap from conventional to renewable diesel brings an anticipated CO2 reduction equivalent to axing annual emissions of about 9,600 cars.

Cecilia Jamasmie | June 2, 2023 | 8:25 am

Teck’s attempt to gain CIC support for coal split hits wall — report

The miner is reportedly finding it difficult to secure the support of top shareholder China Investment Corporation for a plan to exit coal.

Cecilia Jamasmie | June 2, 2023 | 3:41 am

Fortescue Metals appoints Christine Morris as CFO

Most recently, Morris served as the finance chief of Maersk Drilling.

Reuters | June 1, 2023 | 5:31 pm

Rio Tinto to invest $395 million in Pilbara desalination plant

Construction is expected to start in 2024 and the facility will be operational and producing water in 2026.

Reuters | June 1, 2023 | 5:23 pm

Lundin backs Filo del Sol project in Argentina by joining $75m placement

The Lundin Family Trusts will subscribe for up to C$70 million of the shares, and the BHP Group will subscribe for up to C$30 million.

Staff Writer | June 1, 2023 | 8:55 am

Newmont to invest $540 million in Cerro Negro mine in Argentina

Last year, Cerro Negro generated more than $500 million in exports.

Bloomberg News | June 1, 2023 | 8:12 am

Samarco reaches deal with certain creditors over debt restructuring framework

Vale said Samarco should emerge from the recovery process with a "lean capital structure".

Reuters | June 1, 2023 | 8:09 am

BHP owes underpaid Australian workers $280 million

The company said it had incorrectly deducted leave on public holidays since 2010 for an average of six leave days in total per person.

Reuters | June 1, 2023 | 7:51 am

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