Rio Tinto cancels plans to sell or take public its Canadian iron ore unit
Miner failed to settle on a suitable price with potential buyers.
Rio Tinto cancels plans to sell or take public its Canadian iron ore unit Read More »
Markets
China now produces 56% of the world’s steel
Chinese production up 9.4% so far this year, despite Beijing’s pollution fight and slowing construction.
China now produces 56% of the world’s steel Read More »
US steps up efforts to limit China’s control of critical minerals
Washington has launched an initiative to promote mining of lithium, cobalt and other minerals in resources-rich countries.
US steps up efforts to limit China’s control of critical minerals Read More »
BHP tried swaying Anglo’s Mark Cutifani to be its CEO
BHP favours an internal hire, but is also open to external candidates, people familiar with the matter said.
BHP tried swaying Anglo’s Mark Cutifani to be its CEO Read More »
Germany’s K+S cuts potash output for the year on weak demand
Company has responded to current weak demand for potash by reducing production by up to 300,000 tonnes.
Germany’s K+S cuts potash output for the year on weak demand Read More »
Global copper deficit deepens as Chile, Indonesia production drops
International refined copper market ended the first half of 2019 with a supply deficit of about 220,000 tonnes.
Global copper deficit deepens as Chile, Indonesia production drops Read More »
World’s copper producer issues 10-yr and 30-yr bonds to fund mines overhaul
Chile’s Codelco has a new funding strategy that includes taking out loans and selling non-structural assets.
World’s copper producer issues 10-yr and 30-yr bonds to fund mines overhaul Read More »
Cobalt price boost as electric vehicle loadings surge
New study shows despite ongoing thrifting efforts, cobalt use per electric vehicle sold around the world this year is up 45%.
Cobalt price boost as electric vehicle loadings surge Read More »
Brazil to lay criminal charges against Vale, auditor in dam burst
Federal police said the companies presented fake documents backing the stability of the dam that collapsed in January.
Brazil to lay criminal charges against Vale, auditor in dam burst Read More »
SL Mining to halt operations at Marampa iron ore mine in Sierra Leone
Moves follows a shipment ban imposed by the government in July.
SL Mining to halt operations at Marampa iron ore mine in Sierra Leone Read More »