BHP’s outlook and record dividend fuel supercycle talk
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) reinforced talks of a new supercycle today by rewarding investors with a record US$5.1 billion first-half dividend and…
Iron Ore
Rio Tinto to attempt producing low-carbon iron in Canada
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has teamed up with two European companies to explore production of low-emissions hot briquetted iron (HBI) in…
Steinmetz bets on Brazilian investigation against Vale
Israeli diamond and mining tycoon Beny Steinmetz is betting on Brazil’s authorities in his battle against Vale (NYSE: VALE). In January, the billionaire businessman was…
Brumadinho victims take Vale deal to Supreme Court
The People Affected by Dams Association (MAB) and the Popular Sovereignty in Mining (MAM), along with left political parties PT and PSOL are seeking a…
US Geological Survey reports 2020 mine production in the US
Mines in the United States produced about US$82.3 billion in minerals in 2020, according to figures from the U.S. Geological Survey’s Mineral Commodity Summaries report….
Samarco hit with almost $1B lawsuit
The beleagured Sarmaco joint-venture in Brazil between BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Vale (NYSE: VALE) has been hit with an almost US$1…
‘Miners have to dare if they’re going to succeed’ says panel at Remote Roundup
The first day of the Association for Mineral Exploration’s (AME) Remote Roundup featured a government industry forum that brought together industry experts from across Canada…
Canada Nickel mulls using Glencore’s processing facility in Ontario
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) has inked a deal with Glencore (LSE: GLEN) to explore the potential use of the miner and commodities…
Critical materials markets 2021 outlook
For 20 years, analyst Jon Hykawy has been looking at the global critical materials markets and providing advice to companies about the sector. The president…
Samarco to resume production after Fundão dam tragedy
Samarco is expected to resume activities this month, five years after the Fundão dam tragedy. On November 5, 2015, the dam, owned by Samarco –…
US markets up, Nov. 23-Nov. 27
The Dow Jones Industrial Average rose 2.21% to finish the week at 29,910.37 and the S&P 500 climbed 2.27% to 3,638.35. Spot gold dropped US$67.30…
Brazilian state rejects Vale’s US$4B offer for dam disaster
The head of the Brazilian state of Minas Gerais, where Vale’s (NYSE: VALE) Brumadinho dam collapsed in January 2019 leaving 270 people dead, has rejected…