Lion Copper delivers positive PEA for Rio Tinto-backed Yerington projectThe integrated Yerington project has a post-tax net present value (at a 7% discount) of $356 million and an internal rate of return of 17.4%.Staff Writer | January 30, 2024 | 9:30 am
Lithium miners warn on plunging profits after price freefallTwo of China’s biggest lithium companies became the latest miners…Bloomberg News | January 30, 2024 | 8:20 am
Vale’s 2023 iron ore output tops guidance, but sales fallThe company produced 89.40 million metric tons of iron ore…Reuters | January 29, 2024 | 1:42 pm
US Forest Service pauses timeline for Rio Tinto Arizona copper mine The USFS has told a federal court it is not sure when it could approve a land swap allowing Rio to develop the Resolution Copper mine. Reuters | May 19, 2023 | 12:33 pm
Vale said to decide on base metals sale worth billions next week: Brazilian paper The board of directors is to analyze binding offers for a 10% stake that could be valued at $2.5 billion. Colin McClelland | May 19, 2023 | 12:27 pm
Vale moves ahead with $2.7 billion Amazon mining expansion in clean-steel bet Work at the S11D mine is part of a plan to be able to supply 260 million tons from its northern operations by 2025. Bloomberg News | May 19, 2023 | 8:05 am
Study shows copper’s bacteria and virus killing power on public transit Funded by Teck as part of its Copper & Health program, the study evaluated the efficacy of three copper-based solutions for reducing the transmission of bacteria and viruses on high-touch surfaces. Staff Writer | May 19, 2023 | 7:39 am
Newmont appoints Karyn Ovelmen as EVP, CFO Ovelmen will be responsible for Newmont’s global finance functions and will join during the second quarter of 2023, based in Denver. Staff Writer | May 18, 2023 | 4:17 pm
Vale gets offers for stake in base metals unit Vale would sell 10% of the unit worth around $2.5 billion, local newspaper reports. Reuters | May 18, 2023 | 2:55 pm
Vedanta seeks cash with $500 million bond maturing The board will consider paying out a first dividend for the current business year at an upcoming meeting. Bloomberg News | May 18, 2023 | 11:59 am
SQM to start lithium talks with Codelco in coming weeks, says CEO SQM saw its lithium sales volumes slip 15% over the first three months of 2023. Reuters | May 18, 2023 | 11:10 am
Top stock fund wagers BHP, Rio Tinto will weather iron ore slump Even when iron-ore prices fall, Australian producers are still highly profitable given they have a lower cost, said Bloomberg News | May 18, 2023 | 10:05 am