Court approves Samarco’s judicial recovery plan

The agreement sealed between the company and creditors provides for a 25% discount on the company's debts, which reach $9.7 billion.

Staff Writer | September 1, 2023 | 8:53 am

JPMorgan upgrades Vale stock on iron ore demand

Steel overproduction in China represents a potential catalyst for shares,…

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

Antamina hopes for mine extension approval by early 2023, CEO says

Antamina had announced in April an expansion project that includes investments of $1.6 billion to extend the mine's useful life.

Reuters | July 26, 2022 | 8:55 am

Rio Tinto, Fortescue record profits near end on price view, dim demand

A persistent downward trend in iron-ore prices is expected to weigh significantly on the earnings of top Australian miners.

Reuters | July 26, 2022 | 7:29 am

MMG suspends copper output guidance after Las Bambas protests in Peru

MMG said Las Bambas production had fallen 60% to 32,042 tonnes of copper concentrate in the second quarter.

Reuters | July 25, 2022 | 8:47 am

Anglo American Platinum shares fall after half-year profit drops 43%

The company said inflationary pressures and tightening monetary policy would continue to have an impact on the mining industry.

Reuters | July 25, 2022 | 7:16 am

Newmont warns inflation to spike costs in 2023

Miner said quarterly results were hit by higher fuel and energy costs.

Reuters | July 25, 2022 | 7:13 am

Codelco resuming work at halted projects after deaths

It has begun to gradually restart two of its projects, which were halted last week following the death of two workers at different locations.

Cecilia Jamasmie | July 25, 2022 | 6:58 am

South32 hasn’t found buyer for Eagle Downs coal project

It said that offers to date for the metallurgical coal project in Queensland, Australia, have been unacceptable.

Cecilia Jamasmie | July 25, 2022 | 3:49 am

South32 flags labour crunch after marginal rise to metallurgical coal output

Production of metallurgical coal rose to 1.38 million tonnes in the three months to June 30.

Reuters | July 24, 2022 | 3:49 pm

LME won’t ban Nornickel’s metal as Russian firm isn’t under UK sanctions

The LME said it was continuing to assess the sanctions Britain imposed in June on Potanin, known as Russia's "Nickel King".

Reuters | July 22, 2022 | 10:15 am

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