November 27, 2024

Mining CEO salaries rise, but gender diversity remains elusive, report finds

Chief executive base salaries in the mining industry increased between 2% and 12% in 2023, the report says.

November 26, 2024

China’s seaborne coal imports fall sharply amid shift to Russia, Mongolia supply

China has seen its market share of seaborne coal imports fall sharply over the past two years, down from the 93% between 2015-2022 to 76% in 2023-2024.

November 26, 2024

Diamond miners face turning point amid weak prices — report

McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention.

November 26, 2024

Saudi Arabia secures $9 billion in new mining deals

Investment agreement is one of nine metals and mining deals, totalling over $9 billion, signed by Saudi Arabia with global mining companies.

November 24, 2024

Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI

Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.

November 23, 2024

Adani’s Australian coal unit faces human rights complaint

The complaint details how Adani employees sought to “verbally and physically obstruct and prevent” members of an Aboriginal group from accessing springs near the Carmichael mine.

November 22, 2024

Indonesia curbing nickel supply to support locals, Eramet says

The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.

November 21, 2024

Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau Summit

The transaction is expected to close in early 2025.

November 20, 2024

Tycoon Adani charged by US over alleged $250 million bribe plot

The billionaire was charged with participating in a scheme that involved paying more than $250 million in bribes to Indian government officials.

November 20, 2024

NEO Battery Materials soars on consortium partnership in South Korea

Over the next five years, the South Korean government is expected to invest C$20 million towards the project.