MINING.COM

Rio Tinto halts Simandou after fatal accident

The contractor's death at the massive iron ore project in Guinea is the fifth fatality at the mining giant’s global operations this year.

Staff Writer | October 28, 2024 | 8:53 am

Mining vs AI – It’s not even close

Nvidia throws shade on entire global mining industry.

Frik Els | October 28, 2024 | 6:51 am

Dalian iron ore price hits more than one-week high on renewed China stimulus hopes

Markets are now pricing in expectations of fiscal stimulus from China's upcoming legislative meeting.

Reuters | October 28, 2024 | 3:03 am

Mineral Resources says investigation of founder to finish by next week

The company’s shares slumped 26% last week after reports of undeclared payments linked to its managing director.

Bloomberg News | October 27, 2024 | 2:43 pm

Vale taps Marcelo Bacci as new CFO

Bacci, who served as finance chief for pulp maker Suzano, will replace Murilo Muller, who is temporarily serving in the job.

Reuters | October 25, 2024 | 3:57 pm

BHP, Vale and Samarco reach $30 billion Fundão dam settlement

The collapse of the dam at an iron ore mine owned by Samarco killed 19 people.

Bruno Venditti | October 25, 2024 | 8:28 am

China to offer Taliban tariff-free trade as it inches closer to isolated resource-rich regime

Selling Afghanistan's lithium, copper and iron deposits to feed China's enormous battery and construction industries would help the Taliban prop up their economy.

Reuters | October 25, 2024 | 7:55 am

Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization

Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change.

Reuters | October 25, 2024 | 7:49 am

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Vale reported a 10% decline in its net revenue year-on-year to $9.55 billion, in line with analyst expectations.

Reuters | October 24, 2024 | 5:46 pm

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Simandou to mine first cargo by end 2025

BHP has moved on from Anglo American, company chairman says

Australia risks losing its iron ore dominance, Fortescue CEO says

Vale, Jinnan invest $627m in iron ore plant in Oman

AstroForge secures first-ever commercial license for asteroid mission

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