May 13, 2020

Platinum giant says lockdown in South Africa risks killing mines

Mines need to be at a minimum of 75% to 80% capacity to be viable, says Sibanye CEO Neal Froneman.

May 13, 2020

Vale to spend $2bn to cut carbon emissions 33% by 2030

Vale previously announced plans to eliminate emissions entirely by 2050.

May 13, 2020

Freeport Indonesia ramps up coronavirus testing

Covid-19 infections in Mimika Regency, where the Grasberg mine is located on Papua island, reached 112 cases as of Sunday.

May 13, 2020

Russia, Congo, Botswana hold 80% of global diamond reserves

Russia, Congo and Botswana combined have the lion's share of the world’s 1.1 billion million carats in reserves.

May 13, 2020

World’s largest wealth fund blacklists Glencore, Anglo over coal

Norway's $1 trillion wealth fund is excluding some of the world's biggest commodities firms from its portfolio because of their use and production of coal.

May 12, 2020

Teck CEO says he’s survived collapsing shares before

Teck says the stock’s decline is mostly due to falling commodity prices.

May 12, 2020

INTERVIEW: Baldo Prokuriça minister of mining, Chile

Chile has invested $2.2 billion in Codelco and $80 million in ENAMI to reduce emissions from smelters.

May 12, 2020

Vale says it’s ‘on right track’ to resume dividend payments

The company suspended dividend payments after the Brumadinho incident last year.

May 12, 2020

BHP sticks with spending strategy, Rio eyes M&A

Prices for iron ore have been relatively resilient and helped boost profits in both firms.

May 12, 2020

As demand implodes, zinc supply chain starts to adjust

The LME zinc price has bounced by 20% from its March low of $1,685 a tonne to $2,020.