Vale’s fourth-quarter profit falls 35% on higher provisions over dam accident

The miner also announced a pay out to shareholders of about 2.74 reais ($0.5520) per share.

Reuters | February 22, 2024 | 3:43 pm

Hochschild pours first gold at Mara Rosa mine in Brazil

Commercial production expected towards the end of Q2 2024.

Staff Writer | February 22, 2024 | 2:31 pm

Gold Fields eyes rapid ramp-up at new Chile mine, lifts output forecast

Salares Norte is expected to produce 250,000 ounces of gold this year, before ramping up to 580,000 ounces in 2025.

Reuters | February 22, 2024 | 9:38 am

Anglo American to produce iron ore from Vale’s Serra da Serpentina deposit in Brazil

The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex.

Staff Writer | February 22, 2024 | 8:40 am

Newmont to sell six non-core assets in Canada, Australia

The world's largest gold miner will use proceeds to cut debt, which stood at $8 billion at the end of 2023.

Cecilia Jamasmie | February 22, 2024 | 4:03 am

Vale says its Sossego copper mine operating license has been suspended

Vale produced 66,800 metric tons of copper in 2023 in Sossego.

Reuters | February 21, 2024 | 4:20 pm

Illegal mine collapse buries gold workers in the Venezuelan Amazon

Officials on Tuesday reported the collapse at the Bulla Loca mine in Bolivar state in the south of the country.

Bloomberg News | February 21, 2024 | 12:51 pm

First Quantum inks $500 million copper deal with Jiangxi amid Panama mine struggles

Jiangxi Copper, the Canadian miner’s top shareholder, will receive 50,000 tonnes of copper anode per year from mines in Zambia.

Cecilia Jamasmie | February 21, 2024 | 3:47 am

CHART: China’s Belt and Road mining investment hits record

China’s overseas investment in metals and mining as part of its Belt and Road Initiative surged by 158% last year, hitting $19.4 billion with energy transition metals the main focus.

Frik Els | February 20, 2024 | 9:57 am

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Adventus, Salazar granted key permit for Ecuador copper-gold mine

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Coal India exploring lithium assets in Argentina with US company

Peru miner Volcan eyes $200 million in further asset sales

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