Vale reconsiders selling $10 billion in core assets
Higher ore recovery and price realization may help Vale generate $2.2 billion next year in free cash flow, Chief Executive Officer Murilo Ferreira said.
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Gensource Potash, Essel Group to jointly develop small potash mine in Saskatchewan
The agreement is EGME's second significant investment in the potash industry. In 2015, it acquired the exploration license for the Bada mine in Eritrea.
Horizonte to raise $11.2M to fund Brazil’s next major nickel mine
Araguaia, which hosts a proven and probable mineral reserve of almost 25 million tonnes grading 1.77% nickel, is expected to begin production by 2019.
Massive 3,000-year-old Celtic gold belt found in British farmer’s field
The torc is one of the largest and most spectacular ever discovered in England.
ASX slams door on Moly Mines, leaves 4,000 shareholders in limbo
Exchange rules the firm was not allowed to resume trading due to concerns about controversy-plagued Chinese majority shareholder Hanlong Group.
King of nothing
As a general rule, the most successful man in life is the man who has the best information.
Rio CEO: We’ll cut iron ore output to boost cash flow
Chief of world number two producer Jean Sebastien Jacques signals flexibility after moderating view of Chinese demand.
SEC said to be probing Rio Mozambique coal deal
World number two miner acquired Southern African coal assets for $3.7 billion in 2011 – sold it for $50 million three years later.
Trump infrastructure bump forecast for global economy
New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.
