December 11, 2017

Brazil’s Samarco wins waste permits in small step toward resuming operations

The permits issued by Minas Gerais state, where the mine is located, allow for the construction of a waste system in a depleted mine to receive tailings.

December 8, 2017

Vale aims to halve debt to $10bn by 2019

The company also said is ready to shut Caledonia mine mid-next year if it has not found a strategic partner ready to buy a 20 to 40% stake in the…

December 8, 2017

Chile’s Codelco hiring for underground expansion of Chuquicamata

About 150 workers will be pre-selected as a result of the process, which closes on Dec. 24. They’ll join the over 1,100 employees already working on the much-needed project.

December 7, 2017

Newmont’s cost-cutting, production plans: ‘We’ve only just begun’

With seven greenfield projects Denver gold miner on track to increase global share of gold production to 5%.

December 7, 2017

Potash CEO meets with Chilean government amid stake sale

On Thursday, Potash Corp CEO Jochen Tilk met with authorities in Chile as the company tries to divest its minority stake in lithium miner SQM.

December 7, 2017

Biggest iron ore miner threatens to flood market if prices surge

Brazil's Vale is prepared to unleash as much as 50 million metric tons of spare capacity to balance the market if prices get too high.

December 7, 2017

Displaced by mining, Peru villagers spurn shiny new town

The remote town of Nueva Fuerabamba was built to house around 1,600 people who gave up their village and farmland to make room for a massive, open-pit copper mine.

December 6, 2017

Vale sees 2018 iron ore prices not much lower than this year

Fabio Schvartsman also said the company would do everything to resume operations as soon as possible at the Samarco mine.

December 6, 2017

Vale expects to sell up to $1.5 bln in non-core assets through 2020

The Brazilian miner revealed these expectations in a presentation to investors in New York on Wednesday.

December 6, 2017

Newmont raises output target for 2018, lowers expected costs

The world’s No.2 gold miner is also planning to boost dividend by at least 50% next year, based on balance sheet improvements and the performance of its gold mines.