Vale to start building Middle East ‘mega hubs’ in 2024 Vale had announced last year plans to develop the plants in Saudi Arabia, the United Arab Emirates and Oman. Reuters | September 5, 2023 | 9:59 am
Rio Tinto names Jerome Pecresse as new aluminum CEO, eyes low-carbon future Executive has held senior leadership roles in companies such as General Electric and GE Renewable Energy. Reuters | September 5, 2023 | 8:23 am
South African union plans wage strike at De Beers’ Venetia mine South Africa's biggest mineworker union said its members were demanding a 9% wage hike but De Beers was offering a 6% increase. Reuters | September 5, 2023 | 7:14 am
Zambia agrees to hand disputed copper assets back to Vedanta The government, which seeks to triple copper output over the decade, is also searching for a new investor for Mopani Copper Mines. Reuters | September 5, 2023 | 7:09 am
Argentine potash mine finalizes selection of $1bn investor Mendoza province completed the bid selection process to resume development of the Rio Colorado mine, a decade after Vale withdrew from the project. Reuters | September 4, 2023 | 1:40 pm
Codelco to hand over 24,000 hectares for glacier park The glacier park sits along the upper part of the Olivares and Colorado river basins. Reuters | September 4, 2023 | 10:56 am
Chile’s copper production up 1.7% in July Total copper production rose to 430,900 metric tons for the month. Reuters | September 4, 2023 | 9:37 am
Miner ARM to tread carefully in hunt for overpriced green assets African Rainbow Minerals is seeking lithium and copper acquisitions but is concerned about "crazy money" being paid for metal assets. Reuters | September 4, 2023 | 9:34 am
Mopani Copper Mine H1 losses worsen as output slumps A process to sell the mines could be completed by December. Reuters | September 4, 2023 | 9:26 am
Alrosa starts construction of giant new diamond mine The project would require estimated investment of 121.5 billion roubles ($1.26 billion), with production to start in 2032. Reuters | September 4, 2023 | 9:21 am
Codelco expects to reach lithium agreement with SQM this year Its chairman also expects the market to maintain its confidence in Codelco, despite rating agency Moody's giving notice of a possible ratings downgrade. Reuters | September 4, 2023 | 9:16 am
BHP says Brazilian court approves Samarco debt reorganization plan Samarco had struggled to reach an agreement for years with its creditors, who rejected its initial recovery plan in April 2022. Reuters | September 4, 2023 | 7:15 am