May 1, 2017 Sherritt surrenders equity share at Ambatovy to cut $1.4B in debt Canada-based nickel miner Sherritt (TSX:S) has struck a deal with its partners at the Ambatovy nickel operation in Madagascar, allowing the company to eliminate $1.4 billion in debt.
April 28, 2017 Norilsk Nickel sues Botswana over thwarted mine stake deal The Russian miner wants to recover $271 million it lost when a state-backed company failed to complete the acquisition of a 50% stake in its Nkomati mine in South Africa.
April 27, 2017 Philippines extends mining ban, now forbids open-pits Prohibition only affects planned mines, not the ones currently in operations, but it will take effect immediately.
April 27, 2017 Vale’s first quarter profit lower than expected as rains hurt iron ore output Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.
April 26, 2017 Copper, lead, zinc prices to stay on the boil New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.
April 26, 2017 BHP puts US shale assets back on the block amid investors pressure The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.
April 24, 2017 More iron ore comes to the market as Anglo’s output soars in Q1 Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.
April 20, 2017 Vale’s iron ore output just hit another record Production of the steelmaking raw material jumped 11% to 86.2 million tonnes in the January-March period, compared to the same quarter a year earlier.
April 18, 2017 Freeport, Indonesia work out initial Grasberg exports deal The Indonesian unit is now in the process of obtaining a full export permit.
Diamond crash 2025: market slump met tech pressure The diamond industry is now shifting from growth to triage, with survival tied less to geology and more to branding. December 29, 2025 | 03:50 am
