Australia’s Fortescue FFI sees Texas potential among 5 key projects

Fortescue Future Industries CEO said the Inflation Reduction Act has made doing business in the US domestic market more appealing.

Reuters | February 14, 2023 | 4:42 pm

Fortescue Metals’ first-half profit drops on lower iron ore prices

The miner also flagged that inflationary pressures will continue to…

Reuters | February 14, 2023 | 3:28 pm

Significant ‘advances’ made in Panama copper mine dispute – minister

"I hope to resolve the remaining contention points soon," said…

Reuters | February 14, 2023 | 12:11 pm

Freeport Indonesia hopes flood-hit mine can partially resume before month’s end

The mine typically produces nearly 5 million pounds of copper…

Reuters | February 14, 2023 | 10:24 am

Vale acquires Oman’s OQ 30% stake in Vale Oman

OQ, formerly known as Oman Oil Company, bought the stake…

Reuters | February 14, 2023 | 6:49 am

Glencore’s Peru mine won’t proceed with Coroccohuayco project in near-term

The Coroccohuayco project would require an investment of $590 million to extract copper and gold.

Reuters | October 7, 2021 | 1:44 pm

Judge restores operating license at Vale’s Onça Puma mine

A state agency had suspended its operating license due to an alleged non-compliance with local regulations.

Reuters | October 7, 2021 | 11:04 am

Vale sees no near-term spin-off of base metals unit

It said part of the problem was the value of the business, which brings in $3.5 billion in revenue a year.

Reuters | October 7, 2021 | 10:56 am

Peru community says it won’t end Glencore mine blockade until demands met

The conflict comes a day after the government defused a similar standoff in nearby Chumbivilcas.

Reuters | October 7, 2021 | 7:01 am

The world needs Simandou iron ore, Rio Tinto CEO says

Simandou "has to be done in a very careful way, from all sorts of ESG angles, not least biodiversity."

Reuters | October 7, 2021 | 6:53 am

Canadian miners need to create value as M&As pick up — report

Report shows the market is in the midst of a fresh wave of consolidation as companies benefit from strong metal prices.

Cecilia Jamasmie | October 7, 2021 | 6:53 am

Iron ore price rout hacks $160 billion off Top 50 mining stocks

Iron ore’s whitenuckle descent took a chunk out of the MINING.COM TOP 50 ranking of the world’s most valuable miners amid a continuing rally in uranium, coal and lithium prices.

MINING.com Editor | October 6, 2021 | 1:03 pm

Zambia is reviewing mining tax framework, minister says

The mining industry is key for heavily indebted Zambia, accounting for 10% of the country's GDP.

Reuters | October 6, 2021 | 10:14 am

Dam disasters were wake up call for Vale, CEO says

Eduardo Bartolomeo said his own remuneration package now sets targets for safety and sustainability, with 20% of his long-term compensation associated with ESG goals.

Reuters | October 6, 2021 | 8:47 am

First

Last