Rio Tinto autonomous train back in operation after derailment
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Wednesday it had reopened a rail line near the port of Dampier in Western Australia…
Iron Ore
Norway to open its waters to deep-sea mining
The Norwegian government outlined on Tuesday details of a plan to open its sea floor for commercial mineral exploration and extraction, targeting metals considered essential…
Rio Tinto autonomous iron ore train derailed
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) said on Monday a probe had been launched after one of its autonomous trains in Western Australia,…
Deep-sea mining may affect thousands of new species found in hotspot
Scientists have identified more than 5,500 entirely new species in the CCZ of the Pacific Ocean, an area targeted by deep sea miners.
Vale said to decide on base metals sale worth billions next week: Brazilian paper
Vale (NYSE: VALE), the world’s largest nickel producer, is said to be deciding next week on the sale of a minority stake of its base…
Ivanhoe Electric sets up JV with Saudi Arabia’s Ma’aden
Ivanhoe Electric (TSX: IE; NYSE AM: IE) is forming a 50/50 joint venture with Saudi Arabian miner Ma’aden to explore for metals considered key for…
Fortescue Metals begins magnetite production at Iron Bridge
Fortescue Metals Group (ASX: FMG), the world’s No. 4 iron ore miner, has achieved first production at its US$3.9-billion Iron Bridge Magnetite operation in Pilbara,…
No mining allowed in six new Indigenous reserves in Brazil
Brazilian President Luiz Inácio ‘Lula’ Da Silva has issued a decree creating six new Indigenous reserves, most of them in the Amazon, that are off…
Anglo American’s copper output up 28% in first quarter
Anglo American (LSE: AAL) said on Tuesday that copper production jumped by 28% in the first three months of the year to 178,100 tonnes, thanks mainly…
Australian court okays BHP takeover of OZ Minerals
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) said on Monday that the Federal Court of Australia had approved its A$9.6 billion (US$6.4 billion) takeover of…
Cleveland-Cliffs forecasts Q2 headline earnings ‘multiple times higher’
U.S.-based integrated steelmaker Cleveland-Cliffs (NYSE: CLF) has signalled to the market it expects to report first-quarter 2023 revenues of about US$5.2 billion after it shipped…
US indices inch higher during Mar. 20-24 trading week
The Dow Jones Industrial Average gained 604.76 points or 1.89% and the S&P 500 closed 72.15 points or 1.6% higher at 3,979.15 over the Mar….