Almost one year to the day, Vale shares recovered all the ground they lost following the deadly dam break that weighed on global iron-ore supplies and led to an international backlash.
The stock on Tuesday traded as high as 56.35 reais, up 1.9% on the…
A year after deadly disaster, Vale recovers its market value Read More »
Iron-ore pellet producer Ferrexpo on Monday reported a small drop in full-year production as steel-making products faced weak demand due to sluggish global economic activity.
Ferrexpo, a Swiss-based company with assets in Ukraine, produced 10.5-millio…
Ferrexpo production drops marginally as demand wanes Read More »
A scoping study into the Pilbara iron-ore project, in Western Australia, has confirmed the viability of an opencut mining operation, ASX-listed Flinders Mines said on Tuesday.
The scoping study was based on the current mineral resource estimate of 1….
Flinders happy with Pilbara scoping results Read More »
Samarco Mineracao has rejected creditors’ formal request to resume talks to restructure its defaulted debt, signaling heightened risks for bond holders, according to people with direct knowledge of the situation.
The Brazilian iron-ore venture betwee…
Samarco rebuffs creditors on resumption of debt talks Read More »
Anglo American has received the final operating licence it needs to boost production at its Minas-Rio iron ore mine in Brazil to its full capacity of 26.5-million tonnes a year, the mining company said on Monday.
Anglo American’s Minas-Rio mine, which…
Anglo American gets licence to boost Minas-Rio mine to full capacity Read More »
The government of Chhattisgarh has renewed the mining leases of four iron-ore mines in favour of NMDC, throwing a lifeline to the miner, already facing closure of one mine in the south.
The Chhattisgarh government has renewed the leases for 20 years, …
India’s NMDC gets four iron-ore leases renewed Read More »
Brazilian iron-ore miner Vale signed a service agreement with China’s Ningbo Zhoushan Port to jointly launch a new iron-ore product, GF88, the Chinese port company said on Wednesday.
Under the agreement Ningbo Zhoushan Port will provide services for V…
Vale teams up with Ningbo Zhoushan Port on new iron-ore product Read More »
Iron-ore miner Jupiter Mines has confirmed that annualised sales for its Tshipi Borwa manganese mine, in South Africa, remain on track to meet the 2020 guidance, despite a decrease in the manganese price.
Tshipi remains cash positive with its low cost…
Jupiter’s Tshipi mine on track to meet 2020 guidance, despite manganese price decrease Read More »
ASX-listed junior Kogi Iron has been granted a fourth mining lease in Africa, after an approval by the Nigerian government.
The junior on Tuesday said that the latest approval delivered Kogi a contiguous total of 145 kmn2 over four mining leases and o…
Kogi secures fourth mining lease in Nigeria Read More »
State prosecutors in Brazil have identified cracks in a tailings dam owned by iron ore mining company Vale and have asked the firm to hire an independent auditor to look in to the matter, a television station reported on Friday night.
The report on Br…
Vale dam near site of January disaster has ‘cracks’ – TV station Read More »
