December 8, 2017 Vale aims to halve debt to $10bn by 2019 The company also said is ready to shut Caledonia mine mid-next year if it has not found a strategic partner ready to buy a 20 to 40% stake in the…
December 7, 2017 Biggest iron ore miner threatens to flood market if prices surge Brazil's Vale is prepared to unleash as much as 50 million metric tons of spare capacity to balance the market if prices get too high.
December 6, 2017 Vale expects to sell up to $1.5 bln in non-core assets through 2020 The Brazilian miner revealed these expectations in a presentation to investors in New York on Wednesday.
December 5, 2017 Glencore, Canadian teachers launch mining royalty firm BaseCore Metals will be independently operated and have its own board of directors.
December 5, 2017 Indonesia to grab Rio Tinto stake in Grasberg mine After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40%…
December 4, 2017 Rio Tinto appoints one of its own as the company’s new chairman After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.
November 30, 2017 Four charts show why cobalt supply is tightening Cobalt is rarely found in high concentrations and is mostly produced as a byproduct of copper and nickel.
November 30, 2017 ‘Miner’s revenge’ is coming with electric cars, Friedland says Surging demand for metals like copper, and cobalt for use in EVs promises to overturn balance of power between mining companies and their customers.
November 29, 2017 Luxembourg, Japan team up to explore and mine space resources The five-year cooperation agreement covers the exchange of information and expertise on the exploration and mining of out-of-earth resources.
November 27, 2017 Investors force Rio Tinto to ditch plans to have Mick Davis as chairman Decision comes in the wake of a full-scale investor revolt led by the Investor Forum, a London-based body representing some of the world’s biggest money managers.
Copper price tops $12,000 for first time on tariffs, supply woes Copper prices exceed $12,000 a tonne for the first time on record due to mine disruptions and tariffs, despite weak demand in China. December 23, 2025 | 05:39 am
