Vale says routine check revealed cracks in dam, stability unchanged

In a securities filing, the company said the issue concerns the Forquilha III dam at the Fabrica iron ore mine.

Reuters | September 14, 2024 | 4:02 pm

Nippon Steel bid for US Steel faces Sept. 23 review deadline

The deal has become a political hot potato and faces…

Reuters | September 13, 2024 | 5:09 pm

Solidcore expects 2024 profit growth due to higher prices

The second-largest gold miner in Kazakhstan reaffirmed its forecast to…

Reuters | September 13, 2024 | 11:29 am

Ivanhoe to explore Zambia with a view of replicating success in DRC

The company said it has applied for a significant exploration…

Staff Writer | September 13, 2024 | 11:11 am

US Strategic Metals, Glencore enter processing partnership with Chilean Cobalt

The partnership is expected to strengthen US critical minerals supply…

Staff Writer | September 12, 2024 | 4:11 pm

Hearing date set for October in Rio Tinto class action lawsuit over Bougainville mine

Over 4,500 claimants are now seeking compensation over what they say is historical mismanagement of the massive Panguna copper mine in Papua New Guinea.

Staff Writer | July 23, 2024 | 4:31 pm

First Quantum launches standstill deal with Chinese shareholder

Jiangxi has also agreed that it will not dispose of its shares under a block deal.

Bloomberg News | July 23, 2024 | 2:50 pm

Freeport McMoran plans $7.5bn investment to expand Chile copper mine

The miner also said it expects to submit an environmental permit application to expand the El Abra mine by the end of 2025.

Reuters | July 23, 2024 | 12:33 pm

BHP must stop funding legal action to halt Mariana dam claim, London court rules

The miner must stop funding legal action to prevent a $46 billion claim over the dam collapse.

Staff Writer | July 23, 2024 | 10:24 am

Kumba Iron Ore sees new South Africa government open to rail reform

The Anglo subsidiary was already working with the previous administration on ways to improve the crucial infrastructure.

Bloomberg News | July 23, 2024 | 9:01 am

Freeport-McMoran beats second-quarter profit estimates

The company benefited from higher copper prices.

Reuters | July 23, 2024 | 7:01 am

Codelco obtains $532 million in climate financing

The funds will be used to finance its decarbonization plan, under which it aims to decarbonize 100% of its energy matrix by 2030.

Reuters | July 23, 2024 | 6:57 am

Vale Base Metals appoints mining veteran Shaun Usmar as CEO

Usmar has more than 30 years of industry experience, with his latest role being founder and CEO of Triple Flag Precious Metals.

Cecilia Jamasmie | July 23, 2024 | 3:49 am

Lynas Q4 revenue falls on output slump, lower prices

The world's largest producer of rare earths outside of China posted sales revenue of A$136.6 million for the quarter.

Reuters | July 22, 2024 | 3:22 pm

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