September 11, 2024

Vale expects to close deal over Brazil dam collapse in October

Last week, Reuters reported that Vale, BHP and their joint venture Samarco could soon reach such an agreement to pay around 100 billion reais.

September 11, 2024

Vale raises forecast for 2024 iron ore production amid weak prices

The company slightly lowered its forecast for nickel output in 2024.

September 11, 2024

Nippon Steel, US Steel make last-ditch effort to win US nod

The meeting comes amid bipartisan opposition to the deal by Donald Trump and Kamala Harris.

September 10, 2024

MinRes gets review board’s nod for stake sale in Onslow Iron project

The company reported an 80% slump in its annual profit in August.

September 9, 2024

First Phosphate selects Quebec site for 10,000-tonne iron phosphate plant

The plant will serve as part of First Phosphate’s vertically integrated operation.

September 9, 2024

Iron ore sell-off deepens as global growth fears hit commodities

Iron ore sank below $90 a ton for the first time since 2022 on Monday.

September 9, 2024

Norge Mining confirms viability of critical minerals project with pre-feasibility study

The PFS gives the one zone of the Eigersund project a net present value of $2.01 billion.

September 9, 2024

Australia should address miners’ concerns, industry group says

There are growing tensions between Prime Minister Albanese’s center-left government and the mining sector on various policies.

September 6, 2024

Vale, BHP, Samarco could close $18bn deal over Brazil dam collapse

Sources expect a final agreement to be reached in October.

September 6, 2024

US Steel assets face chopping block without Japan deal

United States Steel Corp. faces the prospect of being broken apart and sold in parts if Nippon Steel Corp.’s $14.1 billion takeover fails.