November 26, 2019 Vale sees $1.6 billion impairment charge for Q4 in New Caledonia write down Vale said its annual assets review of its base metals and coal business is still underway and further impairments charges that would also impact fiscal year 2019 cannot be ruled…
November 21, 2019 Vale returns looking for low-cost debt after Brumadinho tragedy Vale is on course to end 2019 with roughly $18 billion in adjusted Ebitda.
November 21, 2019 ‘I love you’ Goldman Sachs, Cliffs CEO says year after outburst A year after Lourenco Goncalves raged against analysts from Goldman Sachs, the Cleveland-Cliffs Inc. chief’s acrimony has reversed 180 degrees.
November 19, 2019 SEC opens preliminary probe of Vale over dam tragedy The US regulator decided to proceed with the probe of the company last week after a meeting with Brazilian prosecutors.
November 18, 2019 Deforestation in Brazil’s Amazon hits “highest level in a decade” Areas where trees have been removed soared 29.5% to 9,762 square km in the year to July 30, 2019 at a pace equivalent to about two soccer fields a minute…
November 15, 2019 Russian steel giant MMK to spend $600 million on environmental projects The news comes only a week after Russia ditched plans to set greenhouse-gas emissions targets.
November 15, 2019 Global public consultation launched on tailings dam standards The initiative aims to prevent a repeat of Vale's tailings dam burst in January, which killed 300 people.
November 14, 2019 BHP’s incoming CEO a much needed breeze of fresh air for the mining industry “Ethical,” “thoughtful,” “gender-equality champion,” are just some of the adjectives describing Mike Henry, BHP's next leader.
November 13, 2019 Caterpillar moves a billion tonnes autonomously at Fortescue Metals The mine’s fleet of autonomous trucks traveled more than 33.5 million km without a single safety incident.
November 13, 2019 BHP names Mike Henry as new CEO Henry will replace Andrew Mackenzie effective January 1, 2020.
Precious metals craze prompts China fund to turn away investors UBS SDIC Fund had become increasingly concerned that investors could be exposed to heavy losses should a record-breaking bull market suddenly turn. December 27, 2025 | 08:00 am
