May 8, 2020 Vale sees a ‘very vigorous’ economic recovery in China Industrial activities in China are practically at their normal levels, says CFO.
May 7, 2020 Rio Tinto dodges emissions cut, but issue unlikely to go away About 63% of shareholders voted against resolution to set emissions targets for its customers, while 37% voted in favour.
May 6, 2020 Indian state says NMDC diverted CSR money to Modi’s coronavirus fund The Chhattisgarh state chief also said the iron ore miner had not paid $134.5 million in remaining penalties over alleged violations.
May 6, 2020 Russia questions legality of US-planned moon mining pact The Kremlin says legal framework for mining on the moon should be examined to make sure it complies with international laws.
May 5, 2020 Rio Tinto’s top investors face off over emissions cut plan Investor advisory groups are divided on whether shareholders should ask Rio to set targets on scope 3 emissions.
May 4, 2020 Most top miners failing Paris Agreement goals Eight of the world’s top ten largest miners are not doing enough to help meet global climate goals, study shows.
April 30, 2020 CHART: Covid-19 disrupts $6.9 billion of global mining output New report shows operations at 260 mines in 33 countries have been suspended – South Africa, US, Mexico hardest hit.
April 30, 2020 Fortescue posts 10% rise in Q3 iron ore output Company upgraded its guidance for 2020 shipments to 175-177 million tonnes based on strong operating performance.
April 29, 2020 Alderon defaults on Sprott loan, loses Kami project Company said it was left with limited options after Tunghsu Group withdrew its investment.
April 29, 2020 Vale cuts capex as coronavirus hinders operations Vale plans to cut its capital expenditure this year to $4.6 billion from $5 billion.
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