Vale says Q2 net profit triples, iron ore sales up The net profit was 65% higher than in the first quarter, when it totaled $1.68 billion. Reuters | July 25, 2024 | 3:53 pm
Cash-hungry Canadian miners test grey area of anti-China M&A rules Ottawa cracked down on mining deals involving foreign state-owned entities in 2022 in a move widely seen as targeting China’s influence in the global critical minerals supply chain. Bloomberg News | July 25, 2024 | 3:10 pm
Adventus wins permit challenge, but Silvercorp deal still in jeopardy The company's El Domo-Curipamba project represents Ecuador's next big mine after Mirador and Lundin's Fruta del Norte. Staff Writer | July 25, 2024 | 2:56 pm
Rio Tinto, BYD and LG Energy show interest in Chile’s Altoandinos lithium site A total of 12 companies have submitted proposals to develop a lithium project in Chile's Altoandinos salt flats. Reuters | July 25, 2024 | 2:44 pm
‘We can raise more money in the Middle East,’ says junior that left Canada for UAE SRG Mining is the first junior to redomicile to the UAE to access funding amid Canada’s clampdown on Chinese investment in critical minerals. Alisha Hiyate - The Northern Miner | July 25, 2024 | 2:07 pm
Brazil government mulls ‘tougher measures and sanctions’ on Vale, minister says Brazil's government has regularly criticized the miner for two dam collapses in Minas Gerais state, and for not investing enough in the country. Reuters | July 25, 2024 | 11:28 am
Eramet lifts profit outlook on manganese rally, says nickel market tough Eramet's manganese mine in Gabon is one of its biggest activities. Reuters | July 25, 2024 | 10:36 am
Sibanye delays results release as it recovers from cyberattack Publication of its second quarter and first half results has been rescheduled to September 12. Staff Writer | July 25, 2024 | 9:56 am
Iron ore price drops further as strong supply, China steel sell-off weigh The most-traded September iron ore contract on China's Dalian Commodity Exchange fell for a fifth straight session. Reuters | July 25, 2024 | 8:57 am
