April 29, 2022

Opinion: World lacks time, not minerals for climate-saving technology

The Russian invasion of Ukraine, covid-related supply chain disruptions, and rising inflation have all fuelled a narrative that the clean energy transition will be highly inflationary.

April 28, 2022

Vale takes hit from nickel hedging amid record price spike

Miner renewed its nickel hedging program in 2022 to protect against huge price swings, but ended up losing out on $75 million in potential gains from the metal’s unprecedented rally.

April 28, 2022

Peru police carry out second day of evictions at halted Las Bambas mine

Las Bambas suspended operations on April 20 after communities had settled inside the mine.

April 28, 2022

SEC sues Vale for false claims tied to Brumadinho dam collapse

The SEC’s complaint, filed in federal court in Brooklyn, is seeking civil penalties, ill-gotten gains plus interest.

April 28, 2022

One by one, mega miners show why metals supply is so squeezed

Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies.

April 28, 2022

Gatos Silver halts operations as Mexican regulator pulls permit

Shares fell 7% following the suspension of the explosive and blasting permit.

April 27, 2022

Vale first-quarter net profit falls 19.6%, but beats expectations

Vale cited lower sales of iron ore fines and pellets due to an intense rain season in top mining state Minas Gerais.

April 27, 2022

Vale unveils ‘massive’ buyback program amid iron windfall

The program represents around 10% of Vale's outstanding shares.

April 27, 2022

Business group blasts Mexico’s new lithium law as violating trade deal

The business group warned that Mexico will have to compensate companies with active mining concessions if their rights are violated.

April 27, 2022

Strong copper, coal prices power Teck Resources’ profit beat

Canada’s largest diversified miner beat market estimates for quarterly profit on the back of higher copper and coking coal prices.