October 28, 2024

Dalian iron ore price hits more than one-week high on renewed China stimulus hopes

Markets are now pricing in expectations of fiscal stimulus from China's upcoming legislative meeting.

October 27, 2024

Mineral Resources says investigation of founder to finish by next week

The company’s shares slumped 26% last week after reports of undeclared payments linked to its managing director.

October 25, 2024

Vale taps Marcelo Bacci as new CFO

Bacci, who served as finance chief for pulp maker Suzano, will replace Murilo Muller, who is temporarily serving in the job.

October 25, 2024

BHP, Vale and Samarco reach $30 billion Fundão dam settlement

The collapse of the dam at an iron ore mine owned by Samarco killed 19 people.

October 25, 2024

China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime

Selling Afghanistan's lithium, copper and iron deposits to feed China's enormous battery and construction industries would help the Taliban prop up their economy.

October 25, 2024

Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization

Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change.

October 24, 2024

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Vale reported a 10% decline in its net revenue year-on-year to $9.55 billion, in line with analyst expectations.

October 24, 2024

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.

October 23, 2024

Fortescue posts 4% rise in first-quarter iron ore shipments

The Perth-based miner also reaffirmed its iron ore shipments guidance for fiscal 2025.

October 23, 2024

Brazil to sign compensation deal with miners over 2015 dam disaster on Friday

The agreement will be signed in a ceremony attended by President Luiz Inacio Lula da Silva.