September 27, 2024

Vale considers listing base metals business in late 2026

Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion.

September 27, 2024

Mining industry struggles with valuation gap amid shift to copper

Big diversified miners are watching rival copper producers gradually grow beyond their reach.

September 27, 2024

Indonesia gold mine collapses after landslide, killing 15

The illegal gold mine in the district of Solok collapsed after a landslide on Thursday evening due to heavy rain.

September 26, 2024

India gold demand buoyed by import tax cut before wedding season

Imports more than tripled to 140 tons in August from the previous month, according to the World Gold Council.

September 26, 2024

Adani’s billion-dollar copper play slows amid mining shortfall

Adani Enterprises is likely to start processing the first copper concentrates or ore at its plant in the western Indian state of Gujarat in November.

September 25, 2024

Global mining index soars as China, US stimulus converge

The S&P/TSX Global Mining Index has gained 14% since Sept. 6 in its biggest jump this year.

September 25, 2024

US Steel confirms arbitration ruling favoring Nippon Steel’s $14.9 billion buyout

The arbitration board ruled that US Steel met the successorship clause conditions in its labor agreement with the United Steelworkers union.

September 24, 2024

Indonesia launches $941 million smelter-grade alumina refinery

The production capacity of the refinery is 1 million metric tons of alumina per year.

September 24, 2024

Miners could lose 6.4% of spending to fraud — report

Crowe's research shows implementing better fraud prevention practices could cut losses by up to 40% within 12 months.

September 23, 2024

At least 38 dead in Iran coal mine blast

The accident was caused by a methane gas explosion in two blocks of a mine run by the Madanjoo company.