Vale buys Mitsui’s stake in Moatize amid plan to exit coal
Vale (NYSE : VALE) has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project…
Vale (NYSE : VALE) has inked a deal to acquire Mitsui & Co’s stake in the Moatize metallurgical and thermal coal mine and port project…
Anglo American (LSE: AAL) has signed a deal to run its Quellaveco copper mine in Peru 100% on renewables, effectively allowing the miner to deliver on…
Global production of iron ore products reached 2.2 billion tonnes in 2020 and is expected to reach 2.35 billion tonnes in 2021, according to Fastmarkets….
Fortescue Metals Group (ASX: FMG), the world’s fourth largest iron ore producer, has brought forward a self-imposed deadline to be carbon-neutral by ten years to 2030, about…
A preliminary economic assessment from Labrador Iron Mines Holdings (US-OTC: LBRMF) on its 52%-held Houston project on the Labrador-Quebec border suggests a 12-year open pit…
High Power Exploration (HPX) raised $200 million for its proposed Nimba iron ore mine in southeastern Guinea.
The Dow Jones Industrial Average rose 1.82% to 31,496.30 and the S&P 500 gained 0.81% to finish the trading week at 3,841.94. Spot gold dropped…
The S&P/TSX Composite Index advanced 1.80% to 18,381.00. The S&P/TSX Global Base Metals Index climbed 1.21% to 165.45, and the S&P/TSX Global Mining Index rose…
Simon Thompson is the latest high-profile departure linked to the miner’s destruction of ancient rock shelters in Western Australia.
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has spent over US$385 million (A$500 million) in the past year to continue developing the Greater Tom…
Australian iron ore major Fortescue Metals Group (ASX: FMG) has apologized to a local Aboriginal group for clearing land on a heritage site without representatives…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has rewarded investors with the biggest dividend in its 148-year history and laid out plans to tackle the…