December 22, 2019

U.S. Steel delivers unwelcome Christmas surprise to Michigan town

U.S. Steel announced layoffs for 1,545 workers and the idling of a significant portion of operations at the Great Lakes Works facility.

December 20, 2019

Vale buys back stake in MBR unit from Bradesco

The deal leaves Vale holding a 98.3% stake in MBR, which accounted for the production of about 59 million tonnes of iron ore last year.

December 20, 2019

Vale elects new board members

The world's largest iron ore miner has elected two new board members.

December 19, 2019

China tightens rules on tailings dam safety

New or expansion projects with a dam height of over 200 metres are prohibited, while tailings dams that have been in service for less than five years may not be…

December 19, 2019

Brazil’s Bolsonaro says bill to open indigenous reserves to mining, agriculture ready

The proposed rule would have to be approved by Congress, which goes on recess on Friday and doesn’t resume functions until February.

December 18, 2019

Brazilian regulator says Vale dam near Brumadinho is structurally sound

ANM said it had visited the dam, and noted only minor superficial irregularities.

December 18, 2019

BHP plans ‘baby steps’ return to commodities trading to cut transaction risk

BHP's previous commodities trading stretches back to when it merged with British peer Billiton in 2001.

December 17, 2019

India’s NMDC gets 20-year extension for four iron ore mines

India's largest state-owned iron ore miner has received a 20-year extension for four mines.

December 14, 2019

Brazil Vale dam near site of January disaster has ‘cracks’ -TV station

Brazil's TV program "Jornal da Band" obtained a report regarding the B-5 dam from prosecutors in the state of Minas Gerais through a freedom of information request.

December 13, 2019

Friedland allies with key players in Guinea to develop Nimba project

Former Guinean Prime Minister Mamady Youla has been appointed as CEO of HPX subsidiary.