March 31, 2021

Paying 10% dollar yield, obscure Vale bond is now talk of Brazil

The securities, of which the payout is based on Vale’s dollar revenue, has more than doubled in value over the past 12 months.

March 31, 2021

Vedanta plans to build a new $1.4bn copper plant

Company is scouting for locations to set up a new copper smelter in India as its plant in the southern state of Tamil Nadu has remained shuttered for close to…

March 31, 2021

Ganfeng sees lithium rally extending as profits almost triple

Battery-grade lithium carbonate prices started to buck a three-year downturn in the second half of 2020 as electric vehicle demand roared back from the coronavirus outbreak.

March 31, 2021

Vale sells New Caledonia nickel assets to Trafigura

Vale said it will have a supply contract with the Trafigura-led consortium to off-take part of the nickel produced there.

March 30, 2021

S.Africa’s No. 1 investor backs local interest in gold M&As

Africa’s biggest fund manager and a key investor in South African gold companies said any consolidation in the sector must benefit the country as well as shareholders.

March 30, 2021

Nornickel board calls on shareholders to discuss proposed change to dividend policy

Nornickel's dividend policy is set under an agreement between Interros Holding, controlled by Vladimir Potanin, and Rusal.

March 30, 2021

Indonesia says Fortescue, China’s Tsingshan in talks for Borneo investment

Country to build a new industrial estate for metal smelting near a planned hydropower plant on Borneo island.

March 30, 2021

Nornickel expects full production at Oktyabrsky mine in first half of May

Production at the Taimyrsky mine, which has also been affected by water, would begin in June.

March 30, 2021

Turquoise Hill’s Oyu Tolgoi declares force majeure on some Chinese contracts

Open pit mining continues to operate uninterrupted at Oyu Tolgoi.

March 30, 2021

Ivanhoe to accelerate Phase 3 expansion at Kamoa-Kakula copper mine

Fast-tracking hydropower upgrades in the DRC is also a high-priority opportunity to ensure clean and renewable electricity for all subsequent expansions.