Vale closer to $9 billion Chinese streaming deal – report
Impact on iron ore price uncertain as China's sovereign wealth fund leads investor group to secure portion of Brazilian giant's output for the next 30 years.
Impact on iron ore price uncertain as China's sovereign wealth fund leads investor group to secure portion of Brazilian giant's output for the next 30 years.
Vale (NYSE:VALE) is getting more creative in its debt-reduction plans, by bolstering cash flow through a metal streaming arrangement with Chinese companies.
Revenues and earnings below forecasts, but world's top gold producer continues to slash costs.
Investors shrug news of $1.5 billion share issue to welcome halt of copper disposals after $4 billion assets sold just this year.
World's number two gold producer's second quarter results ticks all the boxes as it throws off $486 million in free cash in its second quarter.
Air quality control permit yanked last year has been reinstated.
With the sale, Newmont is offloading its Batu Hijau mine, Indonesia’s the second-biggest copper and gold operation.
Kinross, which operates two mines in Russia and also owns the problem-plagued Tasiast operation in Mauritania, seeks to strengthen its portfolio in North America.
The silver miner says Ottawa needs to press Mexican authorities to ensure Canadian investors are treated fairly.
To fund it, the miner has proposed a $15-million non-brokered offering of 1.05 million flow-through shares.