November 20, 2017

BHP, Vale get extension to settle $48 billion Samarco claim

BHP Billiton Ltd and Vale SA have secured a 150-day extension from a Brazilian court to negotiate a settlement of a $48 […]

November 20, 2017

Russia’s VTB Capital aims to double gold sales to China in 2018

Russia's gold-trading banks trying to increase presence in Asian markets, especially since demand for Russian gold in European trading hubs slow since 2014.

November 20, 2017

Russia miner Nornickel sees capex rising by 2019-2020

The company plans to increase capital expenditure to an average of $2.3 billion to $2.5 billion a year in 2019 and 2020 from about $2 billion in 2018.

November 20, 2017

Vale says still looking to sell stake in New Caledonia nickel mine

The miner denied it had decided to suspend the sale of a stake in its loss-making New Caledonia nickel mine (VNC), and added that its plan to find a partner…

November 20, 2017

Anglo to halt Minas Rio in Brazil if expansion licence delayed further

The company said if long-delayed permit for its massive iron ore mine is not issued next month as expected, it would have to shut it by Sep. 2018.

November 19, 2017

Hong Kong taking on Singapore for iron ore trading dominance

Last week Hong Kong Exchanges and Clearing started trading iron ore futures.

November 19, 2017

Northern Quebec iron ore mine to re-open by March

The Bloom Lake mine in northern Quebec will be back in business by March of next year, according to its new owners.

November 17, 2017

Number of active mining projects by province ranked

Ontario is number one.

November 17, 2017

Vale delays sale of stake in New Caledonia nickel mine

The sale may be delayed for up to a year, a setback to efforts by the world’s largest iron ore producer to offload non-core assets.

November 17, 2017

Brazil’s Samarco mine sees need to cut staff by 600

Samarco said it would resume talks with two unions on Friday following Thursday meetings on the need to reduce staff to 1,135 from 1,735.