June 8, 2020

Iron ore soars as Vale ordered to shut down mines

A Brazilian judge ordered the closure of the Conceição, Cauê and Periquito mines after 188 workers tested positive for covid-19.

June 8, 2020

Chile’s biggest copper mines’ output rises

Codelco saw production rise 2.8% year on year in April.

June 8, 2020

The diamond glut: Miners stuck with gems worth billions

The five biggest producers are probably sitting on excess inventories worth about $3.5-billion.

June 8, 2020

Giant spill in Russia offers a glimpse of the Arctic’s future

Investigators have determined that the leakage of of 20.000 tonnes of diesel was caused by damage from thawing permafrost.

June 7, 2020

US offers help with Nornickel’s Arctic fuel spill, Russia thankful

Since late May, Russian officials have been working to contain the spill of 21,000 cubic meters of diesel at Nornickel’s facility in Norilsk.

June 7, 2020

Vedanta books $1.7 billion loss in Q4 as oil prices plunge

The company took a one-time loss of 171.3 billion rupees in the March quarter, mainly due to an impairment of assets at its Oil & Gas business.

June 7, 2020

Vale reaffirms iron ore output forecast after court decision

Vale said it is keeping its monthly production forecast at Itabira at 2.7 million tonnes "for the next months."

June 7, 2020

Zijin takes control of Tibet copper miner for $548m

The move is aimed at boosting Tibet Julong Copper's resource base and achieving sustainable development.

June 5, 2020

Vale gets preliminary license to expand Serra Leste

Company plans to increase the production in Pará from current 6 million tonnes per year to 10 million tonnes per year.

June 5, 2020

Traditional owners say Rio Tinto knew importance of caves razed for mine

The caves, for which Rio funded at least four excavations, revealed thousands of archaeological remnants subsequent to its 2013 approval to destroy the site.