December 5, 2023

China can’t control the price of iron ore, Vale CEO says

“The rule of the economics are going to drive the price, the rule meaning supply and demand,” said Vale CEO Bartolomeo.

December 5, 2023

Codelco’s production falls 5.7% in October – Cochilco

The world's largest miner of the metal has struggled with operational issues and high debt.

December 5, 2023

Vale offers iron ore price support with steady output plan

Nickel production was estimated at 160,000 to 175,000 tons next year, against some 165,000 tons in 2023.

December 5, 2023

Rio Tinto to move towards renewable diesel at Kennecott

The miner plans to replace its entire fossil diesel consumption with renewable diesel at its operation in Utah from 2024.

December 4, 2023

Crude Anglo American email highlights cyber-hack threat

The incident once more throws the growing concerns over digital security in the mining industry into the limelight.

December 4, 2023

Evolution Mining to buy 80% stake in Northparkes

Evolution agreed to buy the stake for $400 million in cash and a copper price-linked contingent consideration of up to $75 million.

December 4, 2023

Rio Tinto approves $77 million for Rhodes Ridge project development

Rhodes Ridge is one of the world’s best undeveloped iron ore deposits.

December 4, 2023

Rio Tinto okays new solar farm and battery storage at Amrun bauxite operations

Rio said the project will help it reduce scope 2 emissions at its Weipa operations by up to 10%.

December 4, 2023

Nornickel raises forecasts for global nickel surplus, palladium deficit in 2023

The company expects a global nickel surplus of more than 250,000 metric tons this year, up from previous estimates of 200,000 tons.

December 4, 2023

Congo government extends suspension of ERG’s Boss Mining

The company hasn’t yet addressed issues that led to property destruction and multiple deaths after flooding reached a nearby community in March, the government said.