February 4, 2021

MINING.COM MINUTE: Biggest stories of the week

Vale and Brazil state sign $7bn deal over Brumadinho; Gina Rinehart targets EV boom with ‘green’ lithium play; Silver price regains ground after two-day wild swing

February 4, 2021

Iron ore price surges on Vale’s 2021 production outlook

Vale reported 4Q20 output of 84.5 million tonnes, a 5% decline from the third quarter.

February 4, 2021

Glencore hands back Prodeco’s mining contracts to Colombia

Glencore's coal production tumbled 24% to 106 million tonnes in 2020

February 4, 2021

Proposal to ban big mines put to vote in southern Ecuador

The referendum threatens to derail more than 40 concessions seeking to tap gold, silver and copper reserves.

February 4, 2021

Vale and Brazil state sign $7bn deal over Brumadinho

The settlement is the biggest in Brazil's history, but does not include criminal actions, unknown damages, and individual rights.

February 3, 2021

Vale 4Q20 iron ore output lower than estimated

Vale ended 2020 with 322 Mt of production capacity and expects to achieve 350 Mt capacity by the end of 2021.

February 3, 2021

Iron ore price bounces back after sharp fall

Bullish outlook from Credit Suisse and Morgan Stanley lifts sentiment.

February 3, 2021

SilverCrest releases high-return feasibility for Las Chispas, gives construction go-ahead

With the feasibility release, SilverCrest’s board has formally approved construction of the 1,250 t/d mine.

February 3, 2021

Vale and Brazil state approach $7bn deal over Brumadinho

According to the attorney general, the settlement is the biggest in Brazil's history, but does not include criminal actions.

February 3, 2021

Glencore’s 2020 output hit by Congo mine closure, sticks to targets

The London-listed company stuck to all of its production targets for 2021.