March 3, 2021

African Rainbow Minerals doubles interim dividend payout as half-year profit jumps

The South Africa-listed company declared a dividend of 10 rand per share for the six months ended December, compared with 5 rand per share a year earlier.

March 3, 2021

Rio Tinto chairman to step down over caves blast scandal

Simon Thompson is the latest high-profile departure linked to the miner’s destruction of ancient rock shelters in Western Australia.

March 1, 2021

Vale drills caused Brumadinho dam collapse, police say

Investigation concluded that the disaster was triggered by vertical perforations in a weak point of the structure.

March 1, 2021

Rio Tinto hikes investment in the Pilbara

It has spent over $385 million (A$500 million) in the past year to continue developing the Greater Tom Price iron ore operations.

February 28, 2021

Falcondo’s La Manaclita ferronickel project in the DR is a no-go

Falcondo’s plan to mine the Loma Miranda area was considered controversial.

February 28, 2021

Tycoon Usmanov’s firms to build plant for greener iron products

USM and Metalloinvest Holding Co.’s iron ore mine plan to make 2 million tons of hot-briquetted iron per year.

February 26, 2021

Vale bullish on metal prices, seeks to accelerate copper projects

The iron ore miner is confident in the trajectory of copper in 2021.

February 26, 2021

Vale books hefty dam disaster charges, but bullish about core earnings

Company logged $4.9 billion in provisions related to the Brumadinho dam disaster in quarterly earnings.

February 26, 2021

Australian state approved plans that would damage Aboriginal sites

In the past year, New South Wales' heritage protection body has approved all of the development applications received.

February 25, 2021

Vale set to join peers in doling out more mining windfall

Bloomberg’s Dividend Forecasting team is projecting Vale will increase its payout to 2.697 reais a share from 1.41 reais in September.