April 27, 2017

Vale’s first quarter profit lower than expected as rains hurt iron ore output

Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.

April 26, 2017

BHP puts US shale assets back on the block amid investors pressure

The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.

April 25, 2017

Freeport shares off to the races on Grasberg update

World's top listed copper miner cuts production outlook for the year, but impact of dispute with Jakarta more contained than thought.

April 25, 2017

Caterpillar soars as first quarter sales jump for first time in over two years

The giant equipment maker's quarterly profit surged past estimates helped by a recovery in most of its end markets.

April 21, 2017

India’s Supreme Court won’t try forcing UK to return Kohinoor diamond

The court said it cannot interfere in the diplomatic process nor can it direct another country to not auction the gem.

April 20, 2017

Vale’s iron ore output just hit another record

Production of the steelmaking raw material jumped 11% to 86.2 million tonnes in the January-March period, compared to the same quarter a year earlier.

April 18, 2017

Climate change and risks to fossil fuel industry: sustainability train has left the station

Burning coal, oil, and natural gas is responsible for two-thirds of humanity’s emissions of greenhouse gases, and yet provides more than 20% of GDP in two dozen nations.

April 18, 2017

Freeport, Indonesia work out initial Grasberg exports deal

The Indonesian unit is now in the process of obtaining a full export permit.

April 18, 2017

Turkmenistan opens bid process for country’s second potash plant

The new plant, to be based at the Karabil potash deposit, is estimated to be worth about $1.4 billion.

April 18, 2017

Another potash mine coming soon to Canada’s Saskatchewan

Western Potash said it’s moving ahead with its Milestone project, expected to produce 146,000 tonnes of potash annually over 12 years of planned operations.