September 1, 2023

Strike at Mexico gold mine costs Newmont $3.7 million a day

The company pegged the financial impact of the dispute at its Penasquito mine at approximately $1 million in maintenance costs and $2.7 million a day in lost revenue.

September 1, 2023

Another Glencore veteran departs as trader Popovic retires

Glencore's co-head of zinc and copper trading Nick Popovic is retiring after more than 30 years.

September 1, 2023

World’s biggest miner reviews newly acquired Brazilian assets

BHP's $6.4 billion purchase of Oz Minerals included an untapped gold deposit and four small, but high-grade, copper-gold mines in the state of Para.

September 1, 2023

It’s getting harder to find mining engineers a green world needs

In regions like Canada and the US, enrollment or graduation from university courses related to mining engineering slipped in recent years.

September 1, 2023

Court approves Samarco’s judicial recovery plan

The agreement sealed between the company and creditors provides for a 25% discount on the company's debts, which reach $9.7 billion.

September 1, 2023

JPMorgan upgrades Vale stock on iron ore demand

Steel overproduction in China represents a potential catalyst for shares, JPMorgan said.

September 1, 2023

Fortescue founder toys with reverse greenwashing

Guy Debelle resigned from the board of Fortescue’s green energy, continuing the run of abrupt departures by executives at the miner.

August 31, 2023

Fortescue executive rout continues as Debelle quits green unit

Earlier in the week, metals division's CEO Fiona Hick announced departure, and on Thursday the division's finance chief Christine Morris stepped down.

August 31, 2023

Vedanta lobbied to weaken environmental regulations during pandemic – report

Vedanta's oil business, Cairn India, also successfully lobbied to have public hearings scrapped, an OCCRP report says.

August 31, 2023

Alita Resources’ administrators confirm buyout talks, start liquidation

Separately, Glencore has launched a secret deal to acquire all the debt in Alita.