Lower iron, nickel and copper prices weigh on Vale’s quarterly earnings

One of the largest iron ore producers in the world, posted a $1.7 billion net profit for the quarter ended in March, while analysts polled by LSEG were expecting a $1.9 billion profit.

Reuters | April 24, 2024 | 4:45 pm

Anglo American confirms non-binding offer from BHP

The proposal comprises an all-share offer for Anglo American by BHP.

Bloomberg News | April 24, 2024 | 4:26 pm

BHP targets Anglo American in bid valued at $39 billion

Takeover would represent the first mega deal among the world’s biggest diversified miners in over a decade.

Bloomberg News | April 24, 2024 | 3:39 pm

Vale, BHP and Samarco seek new deal on Mariana disaster

Negotiations resumed this week after the Brazilian government and states rejected the companies' $7.7 billion offer in December.

Staff Writer | April 24, 2024 | 9:11 am

Iron ore price rebounds to 6-week high on renewed China demand hopes, lower shipments

Iron ore fundamentals have improved and the valuation of the ferrous market is expected to rise, analysts at Galaxy Futures said in a note.

Reuters | April 24, 2024 | 7:53 am

Dalian Commodity Exchange adjusts trading limits after iron ore price rally

The statement came after iron ore futures prices rose by more than 3% in day trading.

Reuters | April 24, 2024 | 7:41 am

E-haul trucks could result in major savings for miners but adoption is slow – report

A new report by IDTechEx states that even though investing in e-haul trucks could result in major savings for miners, adoption is still in its nascent stages.

Staff Writer | April 24, 2024 | 6:06 am

ESG Watch: Why climate change is leaving mining firms between a rock and a hard place

By 2050, the World Bank forecasts that demand for the metals and minerals used to produce the clean energy technologies will increase by almost 500%.

Reuters | April 23, 2024 | 4:40 pm

Fortescue iron ore shipments fall short after derailment

The world's fourth-largest iron ore miner said it shipped 43.3 million tonnes of the steel-making commodity in the three months ended March 31.

Reuters | April 23, 2024 | 4:16 pm

First

Last

Vale says Q2 net profit triples, iron ore sales up

Brazil government mulls ‘tougher measures and sanctions’ on Vale, minister says

Iron ore price drops further as strong supply, China steel sell-off weigh

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Fortescue to step up energy spending despite job cuts

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