BHP, Vale and Samarco reach $30 billion Fundão dam settlement

The collapse of the dam at an iron ore mine owned by Samarco killed 19 people.

Bruno Venditti | October 25, 2024 | 8:28 am

China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime

Selling Afghanistan's lithium, copper and iron deposits to feed China's enormous battery and construction industries would help the Taliban prop up their economy.

Reuters | October 25, 2024 | 7:55 am

Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization

Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change.

Reuters | October 25, 2024 | 7:49 am

China will hit peak copper around 2030, industry group says

China’s demand growth in the five years up to 2030 will average 1.1%, down from 3.9% in the five years to 2025, Antaike analyst says.

Bloomberg News | October 25, 2024 | 7:43 am

Thungela CEO sees world shunning new coal as boon for existing mines

New coal investment may be drying up, but for miners like Thungela that could be a boon if Asia's ravenous appetite keeps prices bouyant.

Reuters | October 25, 2024 | 7:25 am

Mining People: Fokus, GR Silver, Metso, Nations Royalty, Canada NIckel

Key moves in the mining sector.

Staff Writer | October 25, 2024 | 6:49 am

Adriatic Metals gets approval for new tailings facility

It allows Adriatic to begin the disposing of mine waste at the former Veovaca open-pit mine by December 2024.

Cecilia Jamasmie | October 25, 2024 | 4:13 am

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Vale reported a 10% decline in its net revenue year-on-year to $9.55 billion, in line with analyst expectations.

Reuters | October 24, 2024 | 5:46 pm

UK critical mineral importers to get financial support in budget

Part of a broader effort to bolster British industries and reduce their reliance on China.

Bloomberg News | October 24, 2024 | 4:52 pm

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