Chinese steel demand declining less than data suggests, says Vale executiveVale is "cautiously optimistic" about the largest global consumer of iron ore, as China's economy has proven resilient.Reuters | August 29, 2023 | 11:02 am
Private credit funds mull jumbo loan for Australian coal minesThe funds are in talks to potentially underwrite financing of…Bloomberg News | August 29, 2023 | 10:37 am
Sibanye says still in race for Zambia’s Mopani Copper Mine assetsThe company said a competitive process to determine a successful…Reuters | August 29, 2023 | 8:27 am
Chinese lithium giant pulls EVs deeper into forced labor glare Ganfeng’s Chairman earlier this year visited Xinjiang, where activists say Uyghurs and other Muslim citizens have been subjected to forced labor. Bloomberg News | July 18, 2022 | 8:03 am
Barrick close to final deal with Pakistan on $7bn copper project Teams from Barrick and Pakistan are currently finalizing a framework deal to develop the giant Reko Diq copper-gold deposit. Cecilia Jamasmie | July 18, 2022 | 4:00 am
BHP may reconsider investments in Chile if tax hikes go forward BHP said in a statement that higher taxes would make Chile more expensive than other top mining jurisdictions like Australia, Canada and Peru. Reuters | July 17, 2022 | 10:42 am
Gold Fields unlikely to further sweeten Yamana deal — CEO Chief executive Chris Griffith says Yamana Gold’s shareholders are warming up to $6.7 billion takeover offer. Cecilia Jamasmie | July 15, 2022 | 8:48 am
Cost of expansion at Rio Tinto’s Oyu Tolgoi rises again A cost and schedule reforecast now pegs the total project costs at $7.06 billion, almost $1.8 billion higher than its original estimate in 2015. Cecilia Jamasmie | July 15, 2022 | 4:01 am
Rio Tinto faces labour crunch in Western Australia, warns of inflation hit Rising covid-19 cases at its Pilbara operations have led to "elevated levels of unplanned absences." Reuters | July 14, 2022 | 4:58 pm
Chile top court ratifies closure of Canadian-owned Pascua Lama project Barrick's controversial gold and copper mining project was previously ordered to shutter by the country's environmental regulator in 2018. Reuters | July 14, 2022 | 11:38 am
Rio Tinto invests $188m to upgrade aluminum smelter in Quebec The investment is expected to generate nearly $160 million (C$200 million) in economic benefits for Quebec. Staff Writer | July 14, 2022 | 9:06 am
Law firm behind $7 billion BHP suit gets more cash for ESG cases PGMBM, which has also brought class-action type suits against other large corporates including Volkswagen AG and British Airways, has received the funds from investment firm North Wall Capital LLP. Bloomberg News | July 14, 2022 | 7:51 am