Pala Investments offers $501M for Cobalt 27
Battery metals-focused Cobalt 27 Capital (TSXV: KBLT; US-OTC: CBLLF) has come a long way since listing on the TSX Venture Exchange in June 2017. The…
Vale
Macquarie Research assesses global iron ore market
Spot iron ore prices rose from US$75 per tonne to US$95 per tonne in the weeks following the Brumadinho dam disaster at Vale’s (NYSE: VALE)…
US markets down, March 18-22: Vale, Wheaton Precious Metals and Franco-Nevada
The Dow Jones Industrial Average fell 1.34% to finish the trading week at 25,502.32, and the S&P 500 Index lost 0.77% to end the week…
BMO cuts Vale production estimates after additional mine closure
BMO Capital Markets has cut Vale’s (NYSE: VALE) iron ore production estimate this year by a further 30 million tonnes due to the continued suspension…
US markets post slight gains: Vale, Cleveland Cliffs, Buenaventura, Franco-Nevada, Peabody Energy
The Dow Jones Industrial Average posted a marginal 0.17% gain to 25,106.33, while the S&P 500 Index ended 0.05% higher at 2,707.88. Despite a rising…
Vale evacuates 500 people near Sul Superior tailings dam as ‘safety measure’
Vale (NYSE: VALE) is evacuating 500 people from an area below the Sul Superior dam, an upstream tailings dam that used to support production from…
Vale faces ‘serious reputational risk’ following dam disaster: Moody’s
Potential liabilities from the collapse of a tailings dam at Vale’s Feijao iron ore mine in Brazil that has left at least 99 people dead…
Wheaton buys gold and palladium stream from Sibanye-Stillwater
Less than a month after paying US$390 million in cash for a cobalt stream from Vale’s (NYSE: VALE) Voisey’s Bay mine on the north coast of…
US markets little changed, June 11-15
The prospect of a wider trade war between China and the U.S. escalated during the trading week, as the Trump administration said it would impose…
Vale sells Voisey’s Bay cobalt stream for US$690M
In the world’s biggest cobalt stream to date, Vale (NYSE: VALE) has agreed to sell cobalt from its Voisey’s Bay nickel-copper-cobalt mine in northern Labrador…
Horizonte Minerals advances two assets in Brazil
Six months ago, Jeremy Martin, founder and CEO of Horizonte Minerals (TSX: HZM; LON: HZM), bought the Vermelho nickel-cobalt project in Brazil from Vale (NYSE:…
While seeking JV partner, Lara drills Planalto in Brazil
Lara Exploration (TSXV: LRA) is drilling its 47 sq. km Planalto copper property in Brazil’s northern Carajas district. “We’re a prospect generator and we typically…