March 3, 2016 South African government, mining firms agree to delay 16,000 job cuts The deal also proposes facilitating the sale of struggling mines.
March 2, 2016 BHP, Vale shares surge on Samarco deal Iron ore giants reach deal with Brazilian government to pay $6.2 billion over several years for clean up after November's deadly tailings dam spill.
March 1, 2016 Warning of another string of mining bankruptcies in 2016 Rate of corporate defaults could be double historical average going back to 1920 says new study.
February 29, 2016 Greenfield exploration in Australia picks up Total area drilled (in metres) climbed by 6.9% during the December quarter, with activity in areas of new deposits increasing by 29.6%.
February 29, 2016 China to axe 1.8 million coal, steel jobs As part of the government’s ongoing efforts to reduce industrial overcapacity.
February 26, 2016 Samarco compensation deal said to be signed Monday in Brazil The agreement would end weeks of negotiations and be a key step in the joint venture owned by Vale SA and BHP Billiton Ltd. eventually resuming operations
February 25, 2016 Vale posts record loss, to sell core assets It posted a fourth-quarter net loss of $8.57 billion, its fifth drop in the past six quarters.
February 24, 2016 ‘Several years’ of iron ore bear market behind Rio downgrade Moody's takes Rio Tinto's credit down a notch to below A-rating with a negative outlook.
February 24, 2016 Samarco executives accused of homicide by Brazilian police over dam burst The seven executives, including Samarco's boss at the time of the deadly disaster, are being accused of qualified homicide.
February 23, 2016 BHP: No iron ore supply opportunity for at least a decade The composition of China's economy is changing more quickly than anticipated says world number one mining company.
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am
