Australian superannuation fund Hesta has become the latest investor to voice dissatisfaction over the findings of Rio Tinto’s board-led review into how the iron ore miner legally detonated historically significant Aboriginal rockshelters.
The comments…
Pressure mounts for Rio board after Australian cave blast review Read More »
Diversified miner BHP has appointed Christine O’Reilly to the board as an independent non-executive director, effective October 12.
Ms O’Reilly is currently a Non-executive Director of Stockland, Medibank Private, Transurban Group and CSL.
BHP adds to its board Read More »
Major BHP has made further moves to reduce its greenhouse gas (GHG) emissions, awarding the world’s first liquefied natural gas (LNG) fuelled bulk carrier tender to Eastern Pacific Shipping (EPS)
The five-year time charter contract would see five LNG…
BHP turns to LNG to ship iron-ore Read More »
Fitch has upgraded the credit rating of Brazilian miner Vale, saying the iron ore producer has lowered its chances of default after improving dam safety since a deadly disaster in 2019, the rating agency said in a note on Tuesday.
The upgrade to "…
Fitch upgrades Brazil’s miner Vale, estimates $2bn in dividends Read More »
Global miner BHP Group said on Tuesday it has signed an agreement to use more renewable energy at its coal mines in Australia’s Queensland state which it expects will help it cut its indirect emissions such as those from fuel and power in the country b…
BHP to tap green energy to mine coal in Australian state Read More »
Indigenous Australian groups want an independent arbiter to oversee decisions about whether Aboriginal cultural heritage sites can be destroyed for mining, an inquiry into Rio Tinto’s destruction of sacred caves heard on Friday.
The country’s federal…
Australian Indigenous groups call for independent arbiter after Rio blast Read More »
Vancouver-based miner Teck Resources has signed a new agreement with the company it uses to export its steelmaking coal, contracting for the shipment of 32.25-million tonnes.
Teck’s agreement with Westshore Terminals Limited Partnership is nonbinding …
Teck reaches shipping agreement with Westshore Terminals Read More »
Mining major Rio Tinto has stripped CEO Jean-Sebastian Jacques, iron-ore CEO Chris Salisbury, and group executive of corporate relations Simone Niven of performance-related bonuses for 2020, following the destruction of the Juukan Forge rock shelters i…
Rio execs suffer for Juukan mistake Read More »
Glencore’s global agriculture unit will rebrand its business by changing its name to Viterra later this year.
The unit will adopt the name of the company that the world’s biggest commodity trader bought in 2012, according to a statement Wednesday. The…
Glencore’s crop unit rebrands as Viterra, stirring spinoff speculation Read More »
Diversified miner South32 has reported a 71% fall in profits before tax as the Covid-19 pandemic decimated commodity prices, with the miner flagging a change in focus towards base metals over the next five years.
South32 on Thursday announced a loss …
Commodity prices hinder South32 results Read More »
