Teck faces $8 million fine for alleged breach of environmental permit in Chile

It could face two "serious" charges around its Carmen de Andacollo copper-gold mine in Chile's central Coquimbo region.

Staff Writer | October 17, 2023 | 10:04 am

Vale creates company to sell sand from iron ore tailings

The company wants to reduce the disposal of such materials…

Reuters | October 17, 2023 | 7:43 am

Rio Tinto cuts Canadian iron ore guidance

The Iron Ore Company of Canada, in which Rio has a…

Cecilia Jamasmie | October 17, 2023 | 5:30 am

Glencore to shut Mount Isa copper mines by 2025, cut 1,000 jobs – AFR

Move will result in the loss of about 1,000 jobs,…

Reuters | October 17, 2023 | 3:54 am

Newmont starts ramp-up at Peñasquito as strike ends

Return to normal operations at Mexico’s largest gold mine is…

Cecilia Jamasmie | October 17, 2023 | 3:52 am

PIF, Mitsui eye stake in Vale’s base metals business

Vale is seeking to raise more than $2 billion from the deal, Bloomberg sources say.

Bloomberg News | November 1, 2022 | 8:53 am

Saudi Arabia courts Australian miners for $170 billion plan

The kingdom says it’s sitting on top of $1.3 trillion worth of untapped mineral deposits including copper, zinc, phosphates, and gold.

Bloomberg News | November 1, 2022 | 8:08 am

Vedanta expects revenue to jump to $50 billion in two years’ time – chairman

Vedanta reported $16.05 billion in revenues in the fiscal year that ended in March.

Reuters | November 1, 2022 | 7:56 am

Debswana posts 37.5% jump in 9-month diamond sales

However, De Beers sees the risk of the market slowing down in the coming months due to a deterioration in global economic conditions.

Reuters | November 1, 2022 | 7:47 am

Newmont’s third-quarter profit misses estimates

The miner said its third-quarter gold production rose to 1.49 million ounces from last year's 1.45 million ounces.

Reuters | November 1, 2022 | 7:42 am

Vale to study implementing ‘mega hubs’ in Middle East countries

Vale is expected to build and operate iron ore concentration and briquetting plants within the hubs.

Reuters | November 1, 2022 | 7:37 am

Protesters in Peru target Hochschild’s largest mine

Hochschild did not say if production had been affected, but noted protesters are blocking the entrance to the Inmaculada mine since Oct. 27.

Reuters | November 1, 2022 | 4:02 am

Sibanye-Stillwater may cut thousands of jobs at gold mines in South Africa

The miner will enter into consultations with stakeholders, which could impact 1,959 employees and 465 contractors.

Cecilia Jamasmie | November 1, 2022 | 3:51 am

Tesla held talks over buying stake in Glencore – report

The EV giant considered acquiring part of Glencore, but negotiations failed on Tesla's concerns about the Swiss miner's coal business, FT.com reported.

Cecilia Jamasmie | October 31, 2022 | 3:57 am

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