Cosan acquires 4.9% of Vale, plans to buy more
Cosan said it made the purchase "through a subsidiary and a combination of direct investments, equity and derivative operations."
Latest Stories
Anglo American worried about delays at new Peru copper mine
Anglo's Quellaveco mine is the largest new project set to start commercial operations this year, with an investment of $5.5 billion.
Japanese aluminum buyers negotiate 33% drop in Q4 premiums
The figure is lower than the $148 per tonne paid in the July-September quarter and marks a fourth consecutive quarterly drop.
Tycoon faces key vote for plan to tap Vedanta cash reserves
The group’s rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load as of March.
Gold price falls as US jobs data keeps Fed on hawkish track
The data will put the Fed on course for another outsize interest-rate hike as it tries to cool the US labor market.
SolGold becomes sole owner of Cascabel with Cornerstone buy
The friendly deal is SolGold’s third attempt to take over the Canadian junior to own 100% of the project in Ecuador.
Copper price down on US jobs report
The Labor Department report showed employers added a larger-than-expected jobs, raising fears of big rate hike next month.
Collective Mining grows Guayabales gold zone in Colombia
Diamond drill hole APC-14 at the Apollo target extended the southern dimension of the Main Breccia discovery, increasing its overall width by 90%.
S.Africa’s Transnet strike may impact manganese exports
Transnet declared force majeure at its ports on Thursday.
