Site Visit: Saga Metals’ search for critical metals puts it on the radar
Cartwright, Labrador – On top of a forested mountain just inland from the Atlantic coast, a white dome and a set of buildings forming a…
Iron Ore
Rio Tinto, Japanese firms pour $733M into Pilbara mine
Rio Tinto (ASX: RIO) and its Japanese joint-venture partners will invest $733 million to extend the life of the West Angelas iron ore hub in…
Fatal accident forces WCS to halt iron site at Simandou
Winning Consortium Simandou (WCS), the company that’s developing Blocks 1 and 2 of the massive Simandou iron ore project in Guinea, has halted operations after…
Seabed miners face squeeze under oceans law
A newly ratified treaty to safeguard life at sea is expected to intensify opposition to deep-sea mining at a United Nations climate summit this week…
BHP eyes Geraldine Slattery as CEO, FT reports
BHP (ASX, NYSE, LSE: BHP) could appoint Geraldine Slattery, president of its Australia operations, as the company’s first female chief executive in its 140-year history,…
Brazil arrests mining agency head in corruption probe
Authorities in Brazil arrested the head of the country’s mining agency (Agência Nacional de Mineração, or ANM) as part of a wide-ranging federal operation targeting…
Rio Tinto, partners score major tax break on Simandou
Rio Tinto (ASX, LSE: RIO) and its partners in Guinea’s Simandou iron ore project have reportedly secured corporate tax concessions worth more than half off…
Guinea junta warns Rio of smelter cost whack
Rio Tinto (ASX: RIO) may be forced to make expensive downstream investments in Guinea as the military-led government pushes for local refining tied to the…
Rio to buy carbon credits with Caisse backing
Canada’s second-largest pension fund and Australia’s Clean Energy Finance Corp. (CEFC) are investing in a carbon credits platform helping Rio Tinto (NYSE, LSE, ASX: RIO)…
China’s steel demand share to plunge 36% by 2050
China’s steel consumption is projected to decline steadily over the next decade, marking a structural shift in global demand dynamics, according to a new report…
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last…
Vale to spend $12.2B in Brazil as Capanema reopens
Vale (NYSE: VALE) has officially reopened the Capanema iron ore mine in Brazil after a 22-year halt as part of a 67-billion real (US$12.2-billion) investment…