Mining company Vale’s second dam disaster in Brazil in less than four years deals a blow to an industry grappling with investor wariness and a poor image and casts doubt on new President Jair Bolsonaro’s vow to reduce government regulation.
Brazilian …
Second Vale dam burst in Brazil likely to curb mining risk appetite Read More »
Vale, the world’s largest iron-ore miner, suspended its planned shareholder dividends, share buybacks and executive bonuses in light of a deadly tailings dam disaster in Brazil, according to a securities filing late on Sunday.
Vale’s board of director…
Vale suspends dividends, buybacks and bonuses after Brazil dam disaster Read More »
Chilean copper miner Antofagasta is evaluating building a new concentrator plant at its Centinela mine that would cost around $3 billion, the CEO of the company was quoted telling a local daily on Sunday.
Antofagasta’s copper production rose 3% to 725…
Chilean miner Antofagasta studying $3 bn expansion at Centinela -paper Read More »
Chilean copper miner Antofagasta is evaluating building a new concentrator plant at its Centinela mine that would cost around $3 billion, the CEO of the company was quoted telling a local daily on Sunday.
Antofagasta’s copper production rose 3% to 725…
Chilean miner Antofagasta studying $3bn expansion at Centinela -paper Read More »
Brazilian rescuers searched into the night on Sunday for hundreds of people missing after a burst mining dam triggered a deadly mudslide, as the death toll rose to 58 and was expected to keep climbing more than two days after the disaster.
Rescuers wo…
Death toll rises to 58 as hope dims after Brazil dam collapse Read More »
Colombia has extended coal miner Drummond’s license to operate its La Loma mine for an additional 20 years, the national mining agency said on Thursday.
The contract at the mine, located in northeastern Cesar province, will generate at least $586-mill…
Colombia extends Drummond contract on coal mine for 20 years Read More »
Chile State development agency Corfo said on Thursday it had reached a deal with the world’s top lithium miner, Albemarle, to resolve a contract dispute and would not file a previously threatened arbitration lawsuit against the US-based producer.
The …
Chile strikes deal with lithium miner Albemarle in contract dispute Read More »
South Africa’s Eskom could be split into three separate firms under proposals from experts President Cyril Ramaphosa has hired to help revive the ailing state power company, two sources familiar with the matter told Reuters. Reforming Eskom is vital to…
Eskom should be split, experts to tell president – sources Read More »
Russian diamond giant Alrosa and Chinese-owned Anjin are the two foreign companies chosen by Zimbabwe’s government to partner the state-diamond firm in exploring and mining diamonds, a state-run newspaper reported on Thursday. The southern African nati…
Russia’s Alrosa, Chinese-owned Anjin to mine Zimbabwe diamonds – report Read More »
Once seen as a laggard in the global mining industry, US copper deposits have quietly drawn more than $1.1-billion in investments from small and large miners alike as Tesla and other electric carmakers scramble for more of the red metal.
Four US coppe…
US copper projects gain steam thanks to electric vehicle trend Read More »
