July 16, 2019

China iron ore surges to record high on rosy demand outlook

Iron ore's extended rally comes just days after China's top steel companies sought government help in keeping the market stable.

July 16, 2019

China promises iron ore “market order” in meeting with steel mills-source

They will also examine whether companies are using affiliated entities to place trades on the DCE in violation of the market rules.

July 16, 2019

Vale to adjust provisions for Brazil dam disaster in Q2 results

Vale had announced it would pay $106 million to compensate workers affected by the deadly rupture of a tailing dam in January.

July 16, 2019

Two new coal mine proposals under review in British Columbia

Exports of met coal from BC hit $5.6 billion in 2018.

July 16, 2019

Alrosa recovers large diamond from Verkhne-Munskoye deposit

The stone weighs 63.15 carats and it is transparent with a yellow hue.

July 16, 2019

Rio faces $1.9bn cost blowout, delays at Oyu Tolgoi

The first sustainable production is now expected between May 2022 and June 2023.

July 15, 2019

Vale to pay $106.5m to workers affected by Brazil dam disaster

In a statement, Vale said the deal also involves individual compensation for moral and material damages.

July 15, 2019

Amplats, Platinum Group Metals launch battery tech JV

The join venture entered into an agreement with Florida International University to further advance a research program.

July 15, 2019

MAC, PDAC urge mines ministers to take action

The industry associations are urging government action to restore global competitiveness to the Canadian mining industry.

July 15, 2019

Anaconda ponders expansion of Pine Cove mine

Expansion at this mine would delay development of the Argyle gold deposit into 2020.