May 27, 2020

Vale ordered to pay $1.5bn for dam burst damages

Judge says funds should be used to pay potential fines related to the deadly 2019 tailings dam collapse in Brumadinho.

May 26, 2020

Iron ore defies covid-19 gloom with bullish supply

Softer export numbers from Australia and Brazil suggest that June may see a bit of a pullback in China’s imports.

May 26, 2020

Minerals Council of Australia proposes roadmap for post-covid-19 recovery

The industry group requested that the federal government adopts a series of reforms to boost the mining sector.

May 25, 2020

China steelmakers call for domestic iron ore output boost

Steel association recommended "strategic goal" of keeping domestic output at more than 20% of demand.

May 25, 2020

“Evidence” against Vale in Simandou case may hinder $2bn award

Billionaire Beny Steinmetz claims to have fresh evidence that will help him reverse a $2bn arbitration award to Vale.

May 22, 2020

Mining billionaire gets help from ex-spies in bitter legal fight

The Black Cube operation represents the latest escalation in a bitter fight between Vale and billionaire Beny Steinmetz.

May 21, 2020

In the coming renewable energy boom, Australia is once again the “lucky country”

The country ranks highly in the annual Fraser Institute survey of mining companies for investment attractiveness.

May 21, 2020

Australia reassures on China iron ore processing changes

Country said that change in China’s iron ore inspection procedures should streamline customs clearance of Australian shipments.

May 20, 2020

CHART: Mining’s covid-19 capital spending cuts top $6bn

And 2020 copper production forecasts have been trimmed by nearly 400,000 tonnes due to covid-19 disruptions and delays.

May 20, 2020

Brazil court revokes decree that halted Vale operations

Authorities suspended Vale’s operating license after agents said that the company’s onsite activities have “not respected the rules of social isolation.”