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

BHP faces test of patience after $49 billion Anglo bid fails

Over the coming months, copper deals are unlikely to be far from executives’ minds.

Bloomberg News | June 4, 2024 | 7:27 am

Rio Tinto invests $143 million in low-emission steel plant

The facility will focus on BioIron, an iron-making technology developed by Rio that utilizes plant matter as fuel instead of coal.

Cecilia Jamasmie | June 4, 2024 | 5:08 am

MMG plans to raise $1.16bn to repay debt, fund mine development

The Chinese miner is raising funds to support the ongoing development of its operating mines.

Reuters | June 3, 2024 | 4:46 pm

Rio Tinto marks 70th year of operations at British Columbia’s only aluminum smelter

Rio hosted a celebration on June 1 at the Kitimat smelter site, with more than 1,800 attendees including four generations of employees and retirees.

Staff Writer | June 3, 2024 | 4:22 pm

De Beers ditches lab-grown diamonds as it looks beyond Anglo

De Beers will turn its focus on so-called category marketing, where it promotes diamond jewelry in general rather than just its own branded gems.

Bloomberg News | June 3, 2024 | 1:45 pm

China to build $1.5 billion copper smelter in Kazakhstan

Copper smelter is projected to have an annual production capacity of 300,000 tonnes.

Staff Writer | June 3, 2024 | 11:11 am

Freeport Indonesia raises output target, awaits new export permit

Indonesia banned shipments of all raw minerals from June 2023, but Freeport was given a year-long dispensation.

Reuters | June 3, 2024 | 7:18 am

Tianqi weighs bid to protect interests in Chile’s SQM-Codelco lithium deal

Friday's pact, while seen as pivotal to boost Chile's lithium output, would potentially dilute Tianqi's stake in SQM.

Reuters | June 3, 2024 | 6:42 am

Gina Rinehart ups stake in lithium-focused Vulcan

The mining billionaire, through its firm Hancock Prospecting, is now Vulcan's second largest shareholder, with a 7.5% stake.

Cecilia Jamasmie | June 3, 2024 | 6:03 am

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