Vale sells 50% stake in California Steel to Nucor for $400 million
The Brazilian mining giant said that the deal is linked to its strategy of focusing on its core businesses and a commitment to a leaner portfolio.
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Iron ore price jumps as China vows to stabilize economy
Iron ore has been on a tumultuous ride this year.
Skeena stock surges on $24m Franco-Nevada investment
Proceeds will be directed towards Skeena's exploration of the past-producing Eskay Creek gold-silver mine in British Columbia's Golden Triangle.
Nobel winner suggests letting EVs power the grid to go green
Rising adoption of battery-powered transport and the further development of vehicle-to-grid, or V2G, systems -- which allow the two-way flow of electricity -- could offer a potentially better option to store renewable energy.
Suncor looks to 2022 as Fort Hills ramps up
The Fort Hills project will add 85,000 to 100,000 bbl/d to Suncor’s bottom line.
Forrest reignites battle with BHP group for nickel miner
Billionaire mining magnate Andrew Forrest has boosted its offer to buy out Noront Resources.
Biden halts federal aid to new fossil fuel projects overseas
The policy contains significant exemptions, including for compelling national security concerns, foreign policy considerations or the need to expand energy access in vulnerable areas.
Peru wants to raise taxes on mining sector, says finance minister
The mining tax reform is the signature proposal of socialist President Pedro Castillo, who came to office in July.
Peru community rejects ‘joke’ offer to end Las Bambas copper mine protest
The blockade, in place since Nov. 20, threatens to halt output at the Chinese-owned mine in southern Peru, which produces some 2% of the world's supply of copper.
