October 28, 2023

The world’s iron ore powerhouse is preparing to reinvent itself

For the first time in a generation, the spectre of disruption looms over mining’s most reliable profit generator. 

October 27, 2023

Agnico operating permit restored for Kittila mine in Finland

The company now expects to reach the upper end of its annual guidance.

October 27, 2023

Vale CEO says he has never been so optimistic about the company’s future

Vale on Thursday reported a third quarter net profit decline but still landed above market forecasts.

October 27, 2023

Copycat Chinese lithium firms back Nigerian processing plant

The $250 million project is a response to the Nigerian government’s efforts to diversify the economy away from oil.

October 27, 2023

BHP Australia iron ore rail workers approve industrial action plans

The work stoppages could impact its operations at the world's largest iron ore export hub at Port Hedland.

October 27, 2023

Rinehart buys 18% stake in Azure Minerals to block SQM takeover

Hancock Prospecting's stake in Azure is just short of the 20% level that would require a mandatory buyout offer.

October 26, 2023

Pre-tax profit for Codelco down 65% this year through Sept

Chile’s Codelco, the world’s largest copper producer, on Thursday posted a 65% drop in its pre-tax profit for the first nine months […]

October 26, 2023

Vale’s third-quarter profit slips but beats expectations

The company reported a 36% year-on-year decline in third-quarter net profit, landing above analyst estimates.

October 26, 2023

Vale to pay out $2 billion to shareholders, launch buyback program

The company will pay 2.33 reais per common share in dividends and interest on capital on Dec. 1.

October 26, 2023

Panama’s top court considers lawsuit over First Quantum deal

The court said in a statement that it will issue an opinion on the lawsuit within 10 business days.