June 4, 2019
Steinmetz’s BSGR bankruptcy fends off Vale’s $2B award
Billionaire Beny Steinmetz’s mining company has sought bankruptcy protection in the US, two months after losing a $2 billion arbitration award to Brazilian mining giant Vale.
June 4, 2019
Billionaire Beny Steinmetz’s mining company has sought bankruptcy protection in the US, two months after losing a $2 billion arbitration award to Brazilian mining giant Vale.
June 4, 2019
The world's third-biggest steelmaker said any move by Washington to impose tariffs on Japanese cars and auto parts will hurt its earnings.
June 4, 2019
Two ministers met with captains from the Indigenous tribe, however, activists say their complaints against the environmental and social impacts of the Orinoco Mining Arc tend to fall on deaf…
June 3, 2019
While geopolitical concerns have been the prime driver for most commodity markets recently, iron ore has been a standout, trading largely on traditional fundamentals.
June 3, 2019
Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import…
June 2, 2019
The new government intends to look into establishing a mining tax and analyzing the possibility of taxing capital gains from the sale of mining rights.
June 2, 2019
Inmarsat has committed to providing the state government with a smart monitoring solution which is based on IoT and satellite technology.
May 31, 2019
Vale said the Sul Superior dam, located just 1.5 km from the mine, remains intact and that it continues to be monitored 24/7 via radar, drones and a robotic station…
May 29, 2019
ArcelorMittal fell the most in two years after announcing that it’s further cutting steel production across its European plants to cope with weak demand and rising imports.
May 28, 2019
Vale said risk of a new dam break as a consequence of an unstable embankment at Gongo Soco open pit, in the southeastern state of Minas Gerais, are now minimal.
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