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
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
BHP sees copper surplus in short term before ‘fly-up’ prices The world’s second-biggest copper supplier cut its forecast for Chinese demand this year, and warned of a modest global surplus through the end of 2025. Bloomberg News | August 27, 2024 | 7:59 am
BHP eyes copper profits as China’s appetite for steel fades The miner's underlying attributable profit was $13.66 billion for the 12 months ended June 30. Bloomberg News | August 27, 2024 | 6:19 am
Chile’s mining industry — a vanguard in climate change adaptation Climate change has magnified its grip on Chile. Global Business Reports | August 26, 2024 | 4:33 pm
Copper supply risks ease as Chile miners do deals Chile’s copper-mining industry is emerging from an intense period of wage negotiations. Bloomberg News | August 26, 2024 | 9:18 am
Aura Minerals to adjust guidance with expanded Matupá project Aura is anticipating a potential increase in gold reserves at the project in Mato Grosso, Brazil. Staff Writer | August 26, 2024 | 8:58 am
Zijin Mining sees increasing threats to M&A ambitions Zijin has already slowed acquisitions due to higher project valuations and geopolitical tensions. Bloomberg News | August 26, 2024 | 7:57 am