Vale’s CEO announcement to curb market speculation, says chairman Vale announced Monday that current finance chief Gustavo Pimenta would take the reins of the company. Reuters | August 27, 2024 | 4:16 pm
Fortescue beats dividend payout view, shares rise The world's fourth-largest iron ore miner said underlying net profit after tax was $5.66 billion for the year. Reuters | August 27, 2024 | 4:01 pm
Lynas Rare Earths’ annual profit slumps on weaker rare earths prices The world's largest producer of rare earths outside China reported net profit attributable of A$84.5 million for the year. Reuters | August 27, 2024 | 3:26 pm
First Quantum seeks damages for copper trapped at Panama mine The material, worth between $225 million and $340 million at current copper prices, has sat idle for months. Bloomberg News | August 27, 2024 | 1:59 pm
Goldman Sachs analysis sheds light on rise of commodities in ESG Analysts have found that fund managers are increasingly including oil, gas and mining stocks in portfolios that are registered as ESG. Bloomberg News | August 27, 2024 | 1:05 pm
Video: “Productivity is lagging in Canadian mining industry” — former Vale Base Metals CEO Mining veteran Deshnee Naidoo talks about the areas where she sees the Canadian mining industry excelling, those where is lagging and the reasons for leaving her latest position. Cecilia Jamasmie | August 27, 2024 | 1:03 pm
Sayona expands Moblan mineral resource in Quebec by 81% The updated estimate incorporates results from 368 drill holes totaling 75,022 metres from the 2023 drilling program. Staff Writer | August 27, 2024 | 11:41 am
Zijin to miss lithium output target and control pace of projects In response to the plunge in prices, the company in May revised next year’s lithium target lower by 20,000 tons to 100,000 tons. Bloomberg News | August 27, 2024 | 11:18 am
Polish miner gets renewable reality check in record write-off Bogdanka, controlled by state-run utility Enea SA, said the $305 million provision comes amid “dynamic changes” on the domestic coal market. Bloomberg News | August 27, 2024 | 10:34 am