April 28, 2022

Peabody sinks after taking $301 million charge on coal hedge

Chief executive officer Jim Grech said strong global market dynamics will continue to favour its products.

April 28, 2022

SEC sues Vale for false claims tied to Brumadinho dam collapse

The SEC’s complaint, filed in federal court in Brooklyn, is seeking civil penalties, ill-gotten gains plus interest.

April 28, 2022

One by one, mega miners show why metals supply is so squeezed

Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies.

April 28, 2022

Lynas races to keep up with global rare earths demand

The company is in talks with governments eager to beef up access to rare earths outside China.

April 28, 2022

Glencore hails trading unit outlook, cuts copper guidance

It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion.

April 27, 2022

Newcrest quarterly gold output jumps 10% as Cadia production soars

Production at the flagship Cadia gold mine in New South Wales soared 30% sequentially.

April 27, 2022

Vale first-quarter net profit falls 19.6%, but beats expectations

Vale cited lower sales of iron ore fines and pellets due to an intense rain season in top mining state Minas Gerais.

April 27, 2022

Vale unveils ‘massive’ buyback program amid iron windfall

The program represents around 10% of Vale's outstanding shares.

April 27, 2022

Peru gov’t declares state of emergency near MMG’s Las Bambas mine as stand-off continues

A state of emergency suspends civil liberties such as the right to assembly and protest.

April 27, 2022

Column: Global miners rank ESG as their top concern. Really?

Not one of the biggest listed Western mining companies has an executive with the title of chief ESG officer, writes Clyde Russell.