The world’s biggest diversified miners have yet to see their share prices reflect their role as providers of the minerals needed for a shift to a low-carbon economy.
Mining companies provide minerals such as cobalt used in electric vehicle batteries a…
Big Four miners languish amid demand, ESG, capex concerns Read More »
Private equity firm Waterton Global Resource Management Inc on Tuesday said it agreed to not increase its stake in Hudbay Minerals Inc to more than 15% after the private equity firm settled its drawn out proxy contest with the Canadian miner.
Hudbay l…
Waterton agrees not to increase stake Hudbay Minerals to more than 15% Read More »
Private equity firm Waterton Global Resource Management on Tuesday said it agreed to not increase its stake in Hudbay Minerals to more than 15% after the private equity firm settled its drawn out proxy contest with the Canadian miner.
Hudbay last week…
Waterton agrees not to increase stake Hudbay to more than 15% Read More »
Australia’s Pilbara Ports Authority (PPA) said on Wednesday that throughput slipped 1% in April from year earlier.
April’s throughput was 58.8-million tonnes, the PPA said in a statement.
Australia’s Pilbara Ports throughput drops 1% in April Read More »
ArcelorMittal will reduce output and cut 300 out of 800 jobs at its iron ore mines in Bosnia, the world’s largest steelmaker said on Tuesday.
Output will be reduced by a third to one-million tonnes and the job cuts will be carried out from September, …
ArcelorMittal to cut iron-ore output, slash jobs in Bosnia Read More »
The United States has refused to sign an agreement on challenges in the Arctic due to discrepancies over climate change wording, diplomats said on Tuesday, jeopardising cooperation in the polar region at the sharp edge of global warming.
Temperatures …
US sinks Arctic accord due to climate change differences Read More »
Anglo-Australian mining giant BHP is facing a landmark, $5-billion damages claim in England for being "woefully negligent" in the run-up to a 2015 dam failure that led to Brazil’s worst environmental disaster, a lawsuit alleges. The claim, whic…
BHP faces $5bn claim over 2015 Brazil dam failure Read More »
Rio Tinto has agreed to buy a fleet of autonomous trucks and other mining equipment from Caterpillar for its new Koodaideri iron ore mine in Western Australia, it said on Tuesday.
Caterpillar will supply a fleet of 20 autonomous 793F trucks as well as…
Rio Tinto to buy autonomous mining truck fleet from Caterpillar Read More »
Sand mining is eroding the world’s river deltas and coastlines, damaging the environment and hurting livelihoods from Cambodia to Colombia, as government regulation fails to keep pace with rising demand, the United Nations warned on Tuesday.
Global de…
Sand mining ‘mafias’ destroying environment, livelihoods – UN Read More »
Brazilian miner Vale said on Monday that a court had ordered it to halt operations at its Brucutu iron-ore mining complex, reversing a lower court decision that had allowed the mines activities to resume.
Vale, which has fallen under intense scrutiny…
Vale says court halts Brucutu iron mining operations Read More »
