How to dodge the Iran war
Soaring fuel and chemicals prices triggered by the war in the Middle East are pushing global miners to dig deep for creative solutions. Take the case of Marimaca Copper (TSX: MARI; ASX: MC2), which…
Iron Ore
Fortescue Metals head defends zero emissions target
Fortescue (ASX: FMG) defended its plans to reach real zero carbon emissions across its Australian iron ore operations by 2030. “In the mining industry, we have been hammered for deployment of…
Fortescue starts building 690MW solar farm in Pilbara
Fortescue (ASX: FMG) has begun construction of a solar farm and a giant battery system in Australia as the miner advances plans to reach “real zero” emissions by 2030. The…
BHP shelved ‘urgent’ Pilbara climate plans: reports
BHP (ASX: BHP) is said to have delayed billions of dollars in Pilbara decarbonization projects despite internally warning that slow emissions cuts could damage its reputation and undermine its “licence…
Trump courts Brazil in rare earth supply push
U.S. President Donald Trump and his Brazilian counterpart Luiz Inácio Lula da Silva are forging an unlikely partnership around rare earths as Washington races to loosen China’s grip on critical…
Fortescue to pay A$150M for Aboriginal site damage
Fortescue (ASX: FMG), one of the world’s biggest iron ore miners, must pay more than A$150 million (US$108 million) to an Australian Aboriginal group after a court found the company…
Rio Tinto boss pushes cost cuts with jobs in focus
Rio Tinto (ASX, NYSE, LSE: RIO) CEO Simon Trott said on Wednesday he will continue to streamline the company’s global operations with the goal of reaching billions of dollars in…
BHP loses bid to appeal Brazil dam disaster ruling
BHP (ASX: BHP) cannot appeal a U.K. court ruling that found the world’s largest miner liable for Brazil’s deadliest environmental disaster, tightening pressure ahead of a damages trial tied to…
TMCR expands into iron ore with $133M US deal
The Metals Royalty Company (Nasdaq: TMCR), a spinoff from seabed mining hopeful The Metals Co. (Nasdaq: TMC), is buying a royalty on Mesabi Metallics’ iron ore project in Minnesota for…
Ottawa’s $6B skills push pits miners vs builders
Ottawa’s $6-billion (US$4.4-billion) push into skilled trades aims to ease a looming labour crunch, but it’s uncertain how much of the spending will reach mining – an industry already scrambling…
Feds prep $1.5B tariff aid for metal producers
Canada’s federal government rolled out $1.5 billion in loans this week for companies grappling with new U.S. tariffs on steel, aluminum and copper products, a move that could adjust how…
Brazil rejects state miner concept as US deal stalls
Brazil sees no need to create a state-run critical minerals company, Industry Minister Marcio Elias Rosa said Friday, pushing back on proposals for a state-backed entity. “There is no need…