JPMorgan upgrades Vale stock on iron ore demand

Steel overproduction in China represents a potential catalyst for shares, JPMorgan said.

Staff Writer | September 1, 2023 | 8:34 am

Fortescue founder toys with reverse greenwashing

Guy Debelle resigned from the board of Fortescue’s green energy,…

Reuters | September 1, 2023 | 8:01 am

Fortescue executive rout continues as Debelle quits green unit

Earlier in the week, metals division's CEO Fiona Hick announced…

Reuters | August 31, 2023 | 5:26 pm

Vedanta lobbied to weaken environmental regulations during pandemic – report

Vedanta's oil business, Cairn India, also successfully lobbied to have…

Reuters | August 31, 2023 | 4:12 pm

Alita Resources’ administrators confirm buyout talks, start liquidation

Separately, Glencore has launched a secret deal to acquire all…

Reuters | August 31, 2023 | 1:45 pm

Debswana diamond sales jump 54% in first half of 2022

Sales were driven by strong jewelry demand in the US market.

Reuters | July 29, 2022 | 8:01 am

Glencore flags cash tied up in record trading profits

The world’s biggest commodity trader is expected to report record profits next week, driven by surging thermal coal prices and record trading returns.

Bloomberg News | July 29, 2022 | 5:55 am

Vale earnings disappoint as miners grapple with stagflation

Adjusted earnings before items came in at $5.25 billion in the second quarter, the Rio de Janeiro-based company reported Thursday.

Bloomberg News | July 28, 2022 | 3:27 pm

Copper producers step up campaign against Chile royalty proposal

Anglo American Plc indicated it needs greater regulatory clarity before proceeding with major investments.

Bloomberg News | July 28, 2022 | 1:36 pm

Anglo American’s new boss sounds warning on future copper supply

The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad.

Bloomberg News | July 28, 2022 | 10:12 am

Nornickel boosts output of all key metals

Company kept its previous 2022 output forecast unchanged despite difficulties posed by Western sanctions against Moscow over Ukraine.

Reuters | July 28, 2022 | 8:34 am

Anglo American cuts dividend as inflation, extreme weather erode earnings

Anglo joined rival miners, including Rio Tinto and Freeport-McMoRan, in reporting lower profits.

Reuters | July 28, 2022 | 7:55 am

Rio Tinto inks deal to unlock huge Simandou iron ore project

The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.

Bloomberg News | July 28, 2022 | 3:03 am

Fortescue raises annual shipments forecast amid inflation pain

The world's fourth-largest iron ore miner said it shipped 49.5Mt of the steel-making ingredient in the quarter ended June 30.

Reuters | July 27, 2022 | 4:21 pm

First

Last