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.

August 31, 2023

BHP speeds up Jansen project in Saskatchewan despite falling potash prices

Construction outlays at the site 180 km north of Regina are planned to rise to $1 billion from $647 million.

August 31, 2023

Minsur to invest at least $2bn as it expands copper, tin operations

This includes an investment of $1.8 billion in the Justa mine.

August 31, 2023

Vale starts producing test loads of iron ore briquettes

The product will help steelmakers cut their carbon emissions up to 10%.

August 31, 2023

Coal miners forced to save for a rainy day by insurance snub

Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers.

August 31, 2023

Fortescue CFO leaves three days after CEO’s departure

Christine Morris was appointed CFO of Fortescue's metals division in June and assumed the role in early July.