BHP to review $9.7 billion charge over Brazil dam failure

The fine is part of a broader claim seeking $31.5bn for reparation, compensation and moral damages tied to the Fundão dam failure in 2015.

Cecilia Jamasmie | January 26, 2024 | 4:03 am

Brazil judge orders Vale, BHP and Samarco to pay $9.7 billion in damages

The Samarco Fundão dam burst in November 2015 — it was Brazil’s worst…

Staff Writer | January 25, 2024 | 12:01 pm

Brazil’s Lula slams miner Vale over 2019 Brumadinho disaster

The Brazilian President criticized Vale for "not having done anything…

Reuters | January 25, 2024 | 10:24 am

Fortescue to work with China officials to clear iron ore shipments

Two iron ore cargoes from the world's No.4 supplier were…

Reuters | January 25, 2024 | 9:35 am

Vedanta beats Q3 profit view on production, sales uptick

Grappling with falling metal prices, the company has reported profit…

Reuters | January 25, 2024 | 6:27 am

KGHM sees extra viable mining pits at its biggest mine in Chile

The company can verify four more viable mining pits in its flagship Sierra Gorda copper and molybdenum mine.

Reuters | May 18, 2023 | 6:40 am

Miners in Chile to pay more taxes as long-awaited reform approved

The bill increasing the government's take only needs the signature of President Gabriel Boric, who has publicly backed it, to become law.

Cecilia Jamasmie | May 18, 2023 | 3:32 am

Centinela mine’s union head says sides far apart in talks to avoid strike

Mediation will last until May 22, and a strike could start during the first shift on May 23.

Reuters | May 17, 2023 | 7:45 am

Tianqi Lithium exec sees more sector mergers and acquisitions

The Allkem and Livent tie-up has raised expectations for more mergers and acquisitions.

Reuters | May 16, 2023 | 7:01 pm

Glencore’s Teck bid spurs call for Canada pensions to up equity stake

Some Canadian institutional investors have lobbied the federal government to push the nation's biggest pension funds to lift their exposure to domestic companies.

Reuters | May 16, 2023 | 8:55 am

Buying Teck’s coal unit as a standalone is a ‘distant second’ for Glencore – CEO

Teck CEO Jonathan Price repeated that separation "is the path to create the greatest value" for shareholders.

Reuters | May 16, 2023 | 8:40 am

Alcoa signs 8-year alumina supply deal with Emirates Global Aluminium

The agreement, which commences in 2024, will allow EGA to procure as much as 15.6 million tonnes of alumina from Western Australia.

Reuters | May 15, 2023 | 3:54 pm

ISS advises Glencore shareholders to vote against climate progress report

Just 24% of investors voted against Glencore's climate progress report at its 2022 AGM.

Reuters | May 15, 2023 | 9:50 am

Zijin halts copper production at a Tibet mine after accident

Contact with six workers was lost when a lift cage fell during the construction of shafts in the drainage system.

Reuters | May 15, 2023 | 7:45 am

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