BHP considers closing Western Australia nickel operations amid price declineNickel prices fell 40% in the last year as Indonesian supply jumped.Cecilia Jamasmie | February 15, 2024 | 8:30 am
Vedanta’s parent sells $209 million stakeSaddled with $6.4 billion in outstanding debt, Vedanta has been…Reuters | February 15, 2024 | 7:14 am
South32 to invest $2.1 billion in Hermosa project in ArizonaThe project was the first to be added to the…Staff Writer | February 14, 2024 | 3:16 pm
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
Governments must speed up mine permits to meet transition needs – Teck CEO "Miners need to do a better job not just meeting, but exceeding ESG expectations," said Jonathan Price. Reuters | June 1, 2023 | 7:35 am
Tsingshan says Argentina lithium plan with Eramet to total $1.7 billion China's top nickel producer urged the Argentinian government to introduce more policies and measures related to investment. Reuters | June 1, 2023 | 7:26 am