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…
Vale
US markets up, Nov. 9-13
The Dow Jones Industrial Average rose 4.42% to finish the trading week at 29,479.81 and the S&P 500 climbed by 2.16% to 3,585.15. Spot gold…
Guinea approves railroad and port plan for large-scale Simandou project
Guinea’s government has approved a multinational group’s plan to build a railroad and deep-water port to export from the large-scale Simandou iron ore deposit to…
English court blocks lawsuit against BHP over Brazil dam failure
The High Court of Manchester, northwestern England, on Nov. 9, blocked a £5 billion (US$6.6 billion) lawsuit against BHP (NYSE: BHP; LSE: BHP) over a devastating…
JV Article: New standard strives to improve safety and transparency in tailings management
The Global Tailings Review (GTR) released the first-ever Global Standard on Tailings Management in August. The standard aims to strengthen current best practices around the…
US markets slump, Oct. 26-30
The Dow Jones Industrial Average slumped 6.47% to finish the week at 26,501.60, and the S&P 500 fell by 5.64% to 3,269.96. Spot gold dropped…
Wheaton expands into Europe with LSE listing
Wheaton Precious Metals (TSX: WPM; NYSE; WPM; LSE: WPM), one of the world’s largest gold and silver streaming companies, began trading on the main market of…
Wheaton Precious Metals to trade in London
Canada’s Wheaton Precious Metals (TSX: WPM; NYSE: WPM), one of the world’s largest gold and silver streaming companies, said today it has been approved by…
Glencore talks nickel with car, battery makers
Global miner and commodities trader Glencore (LSE: GLEN) is close to securing nickel supply deals with automakers and battery producers amid a looming squeeze in…
US markets slip, Sept. 14-18
The Dow Jones Industrial Average fell 0.03% to finish the Sept. 14-18 trading week at 27,657.42 and the S&P 500 Index dropped by 0.84% to…
Wheaton Precious Metals plans London listing by year-end
Wheaton Precious Metals (TSX: WPM; NYSE: WPM), one of the world’s largest gold and silver streaming companies, plans to list on the London Stock Exchange…
Vale to shut New Caledonia mine as buyer walks away
Vale (NYSE: VALE) is preparing to potentially shut down its nickel and cobalt operations on the Pacific island of New Caledonia, after failing to reach…