Norway’s $1-trillion wealth fund is excluding some of the world’s biggest commodities firms from its portfolio, including Glencore and Anglo American, because of their use and production of coal.
Underlining the growing role of climate considerations …
World’s largest wealth fund blacklists Glencore, Sasol and other giants over coal use Read More »
Miners in the Philippines, one of the world’s top nickel ore suppliers, are allowed to operate at full capacity as the country begins to relax coronavirus-containment measures, but they must follow strict safety protocols, the government said.
The Min…
Philippine miners can fully operate, but quarantine rules set Read More »
Brazilian miner Vale plans to spend at least $2-billion to cut both its direct and indirect carbon emissions by 33% by 2030, CEO Eduardo Bartolomeo told Reuters on Tuesday.
Direct emissions refer to those from the company’s own operations, while indir…
Vale to spend $2bn to cut carbon emissions 33% by 2030 Read More »
BHP Group will stick with its capital allocation framework, which assesses the best way to deploy spending across the group, despite the impact of the coronavirus pandemic, CEO Mike Henry said.
Speaking at a virtual presentation at Bank of America, He…
BHP sticking with spending strategy amid coronavirus shock Read More »
Zambia temporarily shut its border with Tanzania to enhance measures against the spread of the new coronavirus, delaying its main copper exports via Dar es Salaam, a minister said on Tuesday. President Edgar Lungu on Sunday directed the closure after t…
Zambia shuts Tanzania border to fight Covid-19, delaying copper exports Read More »
Indonesia’s parliament passed revisions to its mining law on Tuesday that will allow miners to extend permits and seek expansion of mining areas beyond current legal limits.
Other parts of the law are also largely in line with mining rules under a pro…
Indonesia passes new mining law revisions, met with praise and protest Read More »
The world’s top listed miner BHP Group said on Tuesday it had made its first yuan-denominated sale of iron ore to China Baoshan Iron & Steel Co Ltd, known as Baosteel, and would explore using blockchain for such transactions in future.
The deal, w…
BHP completes first yuan-based iron ore sale to China’s Baosteel Read More »
The world’s top listed miner BHP Group said on Tuesday it had made its first yuan-denominated sale of iron-ore to China Baoshan Iron & Steel Co, known as Baosteel, and would explore using blockchain for such transactions in future.
The deal, wort…
BHP completes first yuan-based iron-ore sale to China’s Baosteel Read More »
The copper market will see a supply glut of 200 000 t this year as the economic impact of coronavirus hits global demand for the metal, a Chilean industry group told Reuters.
Diego Hernandez, president of Sonami, an association of mining companies wit…
Chile mining trade group sees copper supply glut of 200 000 t in 2020 Read More »
Brazil’s Vale is seeing a "very vigorous" economic rebound in China, the iron-ore miner’s principal export market, CFO Luciano Siani said during an online event hosted by newspaper Valor Economico on Friday.
"Industrial activities [in Chin…
Brazil’s Vale sees a ‘very vigorous’ economic recovery in China Read More »
