Vale’s new CEO to focus on boosting iron ore despite weak demand

Iron ore futures have fallen nearly 30% this year and are hovering around $100 a metric ton.

Bloomberg News | August 28, 2024 | 11:19 am

Jiangxi Copper sees no respite from ore shortage that’s hit fees

The company expects a global shortage of ore to extend…

Bloomberg News | August 28, 2024 | 7:27 am

De Beers partners with Tanishq to promote natural diamonds in India

India has surpassed China to become the world's second-largest diamond…

Reuters | August 28, 2024 | 7:11 am

Fortescue sets out to meet strong Chinese demand for green iron

The world's fourth-largest iron ore miner will use green electricity…

Reuters | August 27, 2024 | 6:01 pm

BHP has nothing good to say about nickel prices

Supply curtailments, project suspensions, slower approvals in Indonesia, halting of…

Frik Els | August 27, 2024 | 5:32 pm

Rio Tinto to install carbon free aluminium cells at Arvida smelter in Québec

Rio will design, engineer, and build a demonstration plant owned by a new joint venture with the Government of Québec, through Investissement Québec,.

Staff Writer | July 1, 2024 | 1:28 pm

Anglo coking-coal mine blaze to have months-long impact

The blaze may complicate the London-based company’s plan to sell its assets that mine the steelmaking fuel, after it rebuffed a $49 billion takeover by BHP Group.

Bloomberg News | July 1, 2024 | 12:16 pm

Southern Copper flags progress at key Peru mine, share prices rise

Tia Maria is eventually expected to produce 120,000 metric tons of copper annually.

Reuters | July 1, 2024 | 10:52 am

Congo’s Gecamines opposes deal for Trafigura-backed miner

Its board on Friday unanimously rejected the transaction.

Bloomberg News | July 1, 2024 | 10:32 am

Russian diamond producer Alrosa buys big gold deposit from Polyus

For the world's biggest diamond producer, the move marks a deeper push into gold.

Reuters | July 1, 2024 | 9:54 am

Southern Copper to restart development of Peru mine on Monday

The Tia Maria mine has been on hold for years amid community opposition over fears of the mine's environmental impact.

Reuters | June 30, 2024 | 1:39 pm

Anglo American battles underground fire at Australian coal mine

It is the same mine where an explosion in May 2020 critically injured five workers.

Reuters | June 30, 2024 | 8:44 am

Court approves billionaire Agarwal’s plan to reclaim Zambia mine

Vedanta now needs to follow the court ruling by releasing $250 million to settle debts that KCM owes to contractors and suppliers.

Bloomberg News | June 29, 2024 | 9:22 pm

Brazil’s Lula says deal with Vale on Mariana disaster ‘90% done’

The offer unveiled earlier this month was less than the government's target, but Vale has expressed hope that a "consensus" would be achieved by the end of month.

Reuters | June 28, 2024 | 10:03 am

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