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.

February 25, 2021

Anglo American ended 2020 stronger than expected

The miner beat expectations with a small fall in 2020 earnings, but boosted dividend as soaring commodity prices helped it recover from covid-19 disruptions in the first half of the…

February 24, 2021

BHP and Aboriginal group probe fallen rock shelter in Western Australia

BHP discovered the damage to the site of significance to the Banjima people on Jan. 29, as part of monitoring at its Mining Area C operations.

February 24, 2021

Fortescue apologizes for clearing land on Aboriginal sacred site

The incident comes come barely a day after BHP reported rockfall damage to a culturally significant site in the Pilbara region.

February 23, 2021

Brazil Supreme Court rejects Brumadinho victims appeal

Victims argued that the settlement was signed without their participation and that 20,000 people who were impacted by the disaster were excluded from the deal.

February 23, 2021

Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits

Company reported a 40% jump in annual profit, driven by a surge in prices of the steel-making raw material and a weaker rand exchange rate.

February 23, 2021

Former Australian PM Turnbull joins Fortescue’s green unit

Malcolm Turnbull, who served as prime minister from 2015 to 2018, will head Fortescue Future Industries starting this month.

February 23, 2021

Supercharged commodity boom: Definitely. Supercycle? Not exactly

Underlying dynamics suggest it isn’t going to be a repeat of the epic China-led boom at the start of this century.

February 23, 2021

Brazil BNDES sells stake in Vale for $2 billion

The bank has closed out its stake in the iron ore miner, selling 188.5 million shares and raising about $2 billion.