Vale invests $340 million in Carajás Railway locomotive fleet improvement project
The miner closed a 10-year deal with Wabtec to optimize the maintenance services for its fleet in the Estrada de Ferro Carajás.
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Aluminum market set for wave of scrap as industry decarbonizes
Aluminum prices have rallied 11% this year, creating an incentive for recyclers to go out in search of additional sources of scrap.
Brazil seeks $20.7 billion from Vale, BHP over 2015 dam collapse
The government has also set a 12-year period for the payments to be made.
Opening of new mines boosts Ivory Coast 2023 gold output
Gold output has been climbing steadily for several years and is expected to reach 56 metric tons this year.
Copper’s spike isn’t justified by fundamentals, Trafigura says
Trafigura has long been one of the copper market’s most bullish voices.
New copper fund revives controversial product
Sprott Inc. has launched a $100 million fund that will buy and hold physical copper.
Global gold ETFs saw first inflows in a year in May, says WGC
Higher gold prices and inflows drove total assets under management up 2% to $234 billion, the highest since April 2022.
London gold body reviews purity concerns about Indonesian state miner
Investigators said over the period of 2010-2021, former managers at Antam oversaw production of around 109 tons of gold through an alleged illegal practice.
Atlantic Mining seeks to turn Touquoy mine into renewable energy hub
Company will explore the feasibility of converting the now closed Touquoy gold mine into a renewable energy hub in Nova Scotia.
