Vale to double iron ore shipments to China by 2019
Currently Vale supplies 12% to 14% of China’s consumption of the steel-making ingredient.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Harmony Gold to write down $130 million on mothballed mine expansion
Harmony decided against expanding its Phakisa mine and will write down the value of the asset.
Cliffs appoints Goncalves CEO after Casablanca proxy win
Casablanca Capital-backed Lourenco Goncalves (55) is also the new chairman of the board.
Canada’s Mount Polley disaster sparks concern over US mines
Firm that designed, engineered, and oversaw the construction of the Mount Polley tailings dam, Knight Piesold, is said to be involved in copper mine proposals in Minnesota.
China to ban coal use in Beijing by 2020
Experts claim ban is unlikely to have a significant impact on the country's coal consumption in the short term.
Japan, Chile sign mining deals
Japan already allocates 90% of its investment in Chile to mining.
Gold Arab supercars hit the streets of London
A Saudi-owned gold-plated Range Rover, with a "666" number plate, is London's newest supercar in town
Man-made mercury levels in oceans triple
Study found mercury accumulation in the surface layers of the seas is happening faster than in the deep ocean as a result of gold mining, coal-fired power plants and sewage, among others.
Chile’s court rules in favour of KGHM’s Sierra Gorda storage facility
This is the third project in the past four moths to be given the go-ahead after an initial unfavourable ruling.
Zinc becoming investors new darling
Prices for the metal have jumped almost 17% since early May, hitting $2,410 a tonne late July.
Ecuador eyes 2026 tender for $3B Llurimagua copper project
Ecuador plans a 2026 tender for Llurimagua as copper M&A accelerates and past JV disputes shape the project’s next phase.
