U.S. Steel delivers unwelcome Christmas surprise to Michigan town U.S. Steel announced layoffs for 1,545 workers and the idling of a significant portion of operations at the Great Lakes Works facility. Reuters | December 22, 2019 | 5:03 am
Vale buys back stake in MBR unit from Bradesco The deal leaves Vale holding a 98.3% stake in MBR, which accounted for the production of about 59 million tonnes of iron ore last year. Reuters | December 20, 2019 | 2:59 pm
Katanga to acquire Gécamines’ land rights for $250 million The land package covers areas adjacent to KCC's existing mining concessions in the DRC. MINING.com Editor | December 20, 2019 | 2:41 pm
Pentagon to stockpile rare earth magnets for missiles, fighter jets It's the latest attempt to weaken China’s control over the rare earths sector. Reuters | December 20, 2019 | 12:55 pm
Golden Minerals sells two Mexican projects, shares up Shares of Golden Minerals rose by more than 5% at Friday's open. Jackson Chen | December 20, 2019 | 12:31 pm
Canada launches strategic assessment of thermal coal mining The strategic assessment will include, environmental and health impacts of thermal coal mining and market analysis of projected demand for thermal coal. MINING.com Editor | December 20, 2019 | 11:45 am
South32, Trilogy Metals to jointly develop Alaska project The move will help South32 expand its portfolio in North America. Cecilia Jamasmie | December 20, 2019 | 10:28 am
Water around Rio Tinto’s Madagascar mine is high in lead, uranium – study Mean concentration of lead downstream was 0.0256 mg/L, the study found, compared to WHO's recommended maximum of 0.01 mg/L in drinking water. Reuters | December 20, 2019 | 9:41 am
Doctor Copper ends 2019 with a new-found spring in his step LME copper hit a seven-month high of $6,235.50 per tonne Friday morning. Reuters | December 20, 2019 | 9:28 am