Shares were up more than 5% after the firm posted higher output across all divisions, except for copper, and said market conditions for its diamond business had improved.
Brazil Mining News
Brazil's suspended iron ore producer Samarco misses another payment on its $3.8 billion debt as it struggles to stay afloat following deadly dam burst.
If convicted, accused executives could face sentences of between 12 and 30 years in prison.
The miner plans using proceeds from the exercise of the purchase rights and any direct sales of Brio shares to reduce debt.
Long-rumoured deal with US Mosaic to buy Brazilian unit worth up to $3 billion goes quiet.
Bob Moriarty of 321 Gold delves into the origins of gold to try to understand TriStar Gold's Witwatersrand-type deposit in Brazil.
Increased supply from Brazil and Australia will results in 300 million tonnes of price-induced curtailments through 2020 says new report.
The world’s two largest iron-ore exporters Brazil and Australia will each add about 100 million metric tons of supply through the end of the decade, boosting a global glut and hurting prices in a slump that will then force marginal miners to cut output, according to Citigroup Inc.
Underground definition drilling on the Pilar BFII ore body has returned significant high-grade mineralization.
Peru’s significant copper project pipeline and Brazil’s competitive iron ore sector will consolidate them as main drivers of investment in Latin America’s mining sector, says BMI Research.
The world's largest iron ore exporter will be able to haul S11D's output to the Port of Ponta da Madeira in Sao Luis.
Columbus Gold advances Montagne d’Or to bankable feasibility study.
Panel appointed by Vale and BHP release their findings.
Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce plans at four new exploration projects.
Impact on iron ore price uncertain as China's sovereign wealth fund leads investor group to secure portion of Brazilian giant's output for the next 30 years.
Silver Wheaton stock gets a boost from $800 million Vale goldstream buy.
$20 billion West African iron ore mega-project had the potential to lower long-term iron ore price by $5 per tonne according to new report.
Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several opportunities earlier this year to discuss potential tie-ups.
The miner said its turnaround plan was “on track” as it slashed debt and beat earnings forecasts in the first half of the year.
China Miners' Association want action against Vale, Rio Tinto and BHP Billiton for flooding domestic market with cheap ore.
Most of them have been after existing operations and companies, rather than trying to build mines from scratch.
The world’s third-biggest gold miner said its net earnings will also benefit from weaker operating currencies in South Africa, Brazil, Australia and Argentina.
It produced 86.82 million tonnes of iron ore in the April-to-June period, down 2.8% from a year earlier.
Shares plunged after miner revealed that output fell almost across the board in the April – June period.
Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.