Vale’s Q2 capex reaches lowest level since ’05
Vale announced an adjusted EBITDA of US$3.9 billion in Q2 with iron ore production of 96.8 tonnes and sales of 86.5 tonnes.
Latest Stories
Western Potash Corp develops groundwater well for Milestone Phase I Project
Water pump test results show that the groundwater source can fully support the water requirements for the Phase I Project.
European mining stocks soar as metals rally, earnings reassure
The Stoxx 600 basic resources index rose as much as 4.7 percent, the most intraday since November 2016.
Norsk Hydro eyes restart of Brazil alumina refinery by mid-2019 or earlier
Brazilian authorities ordered Hydro in February to slash output from Alunorte, the world's largest alumina refinery.
Chile’s copper agency said US-China trade war to hit metal price
The ongoing trade war between the United States and China has forced the Chilean Copper Commission (Cochilco) to revise downwards its average copper price prediction by $0.06 per pound to $3.
Kumba brings in targeted dividend policy, flags SA rail issues
The iron-ore mining company is introducing a targeted dividend ratio policy of 50 to 75% of headline earnings.
India’s Adani sees six-fold rise in coal mining volume despite challenges in Australia
Adani is looking to buy mines in countries such as Indonesia and is securing financing for its Carmichael mine in Australia amid challenges from environmental groups concerned about climate change and potential damage to the Great Barrier Reef.
Australian junior expands manganese property
Bryah Resources has one-year exploration option on Horseshoe South Manganese Mine, a large mine that produces about 1 million tonnes of manganese ore.
Ecuador mining reforms good news for Lumina Gold’s project
Companies can now perform non-systematic drilling during the early exploration phase of their mining concessions and without requiring an environmental license.
