Tombador Iron halts Brazil mine due to unrest
Australia’s Tombador Iron (ASX: TI1) has temporarily halted production at its flagship iron ore mine in Brazil, as an ongoing blockade in the state of Bahia is disrupting logistics. Unrest…
Iron Ore
Searchers find Rio Tinto’s radioactive capsule lost in Australia
An Australian emergency services search team has found a tiny, but potentially deadly radioactive capsule belonging to Rio Tinto (ASX, LSE: RIO) on the side of a highway in the…
Billionaire-backed iron-air battery firm to start building factory within weeks
Bill Gates, Jeff Bezos and Richard Branson are among investors who’ve raised US$800 million for a company developing a low-cost iron alternative for power grid storage which plans to begin…
Rio Tinto sorry for loss of radioactive capsule in Australia
Mining giant Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) apologized on Monday for the loss of a small, but “highly radioactive” capsule that has triggered a radiation alert across…
U.S. markets rebound during Jan. 9-13 trading period
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P 500 gained 104.01 or 2.7%…
Resource nationalism on the rise, says VRIC’s Jay Martin, as mining juniors head to Vancouver
There’s no denying the world is an entirely different place compared with a year ago, says Cambridge House International’s president and CEO, Jay Martin, as more than 300 mining juniors…
New Saudi company formed to secure critical minerals globally
Saudi Arabian state miner Ma’aden inked a major new deal with the kingdom’s sovereign wealth reserve the Public Investment Fund (PIF) at the Future Minerals Forum 2023 in Riyadh this…
Europe’s largest rare earths deposit found in Sweden
Swedish state-owned mining company LKAB said it has found Europe’s largest known deposit of rare earths close to Kiruna, the country’s northernmost town. The Per Geijer deposit, just north of the…
Ivanhoe Electric, Barrick Gold sign JVs with Saudi Arabia’s Ma’aden
Ivanhoe Electric (TSX: IE; NYSE-AM: IE), the latest endeavour of mining magnate Robert Friedland, is joining with Saudi Arabia’s state-owned miner Ma’aden to explore for copper, gold, silver and electric…
NioCorp demo plant in Quebec boasts high rare earth recoveries
NioCorp Developments (TSX:NB; OTCQX:NIOBF) reported a rare earth dissolution rate of 86-95% at its demonstration plant in Trois-Rivieres, Que., the company said Wednesday. That rate was obtained through hydrochloric acid…
Anglo American plans one of Brazil’s biggest water reuse projects
Anglo American (LON: AAL) wants to reuse water in a pipeline hundreds of kilometres long used to transport iron ore from its Minas Rio operation in Brazil in what could…
U.S. markets continue to slide during Dec. 12 – 16 trading week
The Dow Jones Industrial Average fell 556 points, or 1.7%, to 32,920.46, and the S&P 500 lost 82 points or 2.1%, over the week to 3,852.4. The top value gainer…