February 23, 2022

New report reveals little ESG action at mine sites

In its latest assessment of 250 mine sites, the Responsible Mining Foundation found that that commitments are commonplace, yet basic actions are rarely evident.

February 23, 2022

Samarco faces crunch creditor vote as standoff looms

Creditors are expected to vote on the latest proposals to restructure some $5-billion in financial debt.

February 23, 2022

Rio Tinto sees US sanctions on Russia potentially disrupting aluminium supply

CEO Jakob Stausholm said there could also be disruptions in the steel industry.

February 23, 2022

Rio Tinto rides iron ore gains to post record profit, pay $17bn dividend

The world's no.2 miner posted its best ever annual profit and a record full-year dividend of $16.8 billion.

February 22, 2022

Zimbabwe’s state-owned miner selected to revive steel firm

Zimbabwe has selected Kuvimba Mining to revive one of the continent’s largest steel mills.

February 22, 2022

Iron ore price retreats amid concerns of policy risks in China

"Iron ore is now caught between two opposing policies in China," Commonwealth Bank of Australia said in a note.

February 22, 2022

Vale seeks more time to remove upstream tailing dams

The Brazilian miner told regulatory bodies it was "technically impossible" for it to meet Minas Gerais' current Feb. 25 deadline.

February 21, 2022

China’s demand for metals has wavered as inventories pile up

Copper held in warehouses tracked by the Shanghai Futures Exchange surged 28% last week and have more than quadrupled this year.

February 21, 2022

China plans state-backed platform to buy iron ore

Beijing wants all purchases of the steelmaking material conducted through a single state-backed platform that’s under preparation, according to Bloomberg sources.

February 18, 2022

China to boost commodity price supervision in push for industrial growth

China's state planner will take steps to stabilise the commodity market and hasten construction of new infrastructure, it said on Friday.