Vale targets 400m tonnes of iron ore capacity per year
The company currently has the capacity to produce 318 million tonnes a year.
Latest Stories
Petra finds five blue diamonds but no clear path to recovery
While the discovery is a boost for the struggling diamond miner, it won’t be enough to turn around Petra's fortunes.
Are batteries the trade war China’s already won?
The global battery market will be worth about $116 billion a year by 2030.
Freeport does not want to be ‘distracted’ by buyout offers
Company is focused on expanding its Grasberg mine in Indonesia and boosting cash flow, Chief Financial Officer Kathleen Quirk said.
Bids open for Canadian “flawless” 102-carat diamond
Bids for the rare 102.39-carat diamond opened on Sep. 15, and it may become one of the most expensive stones ever to sell at auction.
South Australia funds project using data science to find new mineral deposits
The project emerged from ExploreSA: The Gawler Challenge, which the state government ran together with Unearthed Solutions.
BHP says traditional owners should weigh in on cultural heritage inquiry
BHP said gag clauses in land agreements won't be enforced if Aboriginal groups publicly object to its management of their cultural heritage.
Ivanhoe’s Congo mine productivity peerless among copper giants
GRAPHIC: Not just massive in scale, every tonne of copper ore milled at Kamoa-Kakula will be worth $286 – 9 times richer than Escondida, 35 times Morenci.
Wallbridge, Kirkland Lake sign term sheet on Detour East JV
The two companies are expected to negotiate and enter into a definitive option agreement by the end of September.