Sibanye’s Montana woes underscore miners’ growing reliance on Washington A fight over government largesse shows how much the stakes have changed for US mines as overseas rivals have expanded market control. Reuters | October 23, 2024 | 3:40 pm
Fortescue posts 4% rise in first-quarter iron ore shipments The Perth-based miner also reaffirmed its iron ore shipments guidance for fiscal 2025. Reuters | October 23, 2024 | 3:30 pm
Grupo Mexico works to kick out illegal miners at Los Chancas project in Peru The company said it would restart the environmental impact assessment in Los Chancas once illegal mining eradication was completed. Reuters | October 23, 2024 | 1:32 pm
Brazil to sign compensation deal with miners over 2015 dam disaster on Friday The agreement will be signed in a ceremony attended by President Luiz Inacio Lula da Silva. Reuters | October 23, 2024 | 10:28 am
Potash supply nears pre-war levels, pushing producers to cut output Russian producers have increased shipments to China and India via new rail routes since Russia exited the Black Sea grain deal last year. Reuters | October 23, 2024 | 8:09 am
China’s gold ore and concentrate imports plummet on planned rule change If implemented, a tax rule change could disrupt the annual shipment of billions of dollars of gold ore and concentrate to China. Reuters | October 23, 2024 | 8:02 am
First Quantum in talks with potential partners for Zambian assets The potential Manara Minerals deal, which could be worth between $1.5 billion and $2 billion, is in the spotlight. Reuters | October 23, 2024 | 7:51 am
BHP says claim it put profit over safety ‘unjustified’ in Brazilian dam collapse case More than 600,000 Brazilians are suing BHP over the 2015 collapse of the Mariana dam. Reuters | October 23, 2024 | 6:45 am
Grupo Mexico’s profit jump on copper prices, production Revenue for the major global copper producer rose 13.13% to total $4.13 billion in the quarter. Reuters | October 22, 2024 | 11:14 am
Column: Electric vehicles prove a bumpy ride for battery metals Explosive price rallies in 2021 and 2022 resulted in too much new production capacity being brought online too quickly. Reuters | October 22, 2024 | 9:30 am
Dam disaster deal should curb lawsuits against Vale and BHP, sources say The agreement could be signed this week, nearly nine years after the 2015 disaster in the city of Mariana. Reuters | October 22, 2024 | 8:23 am
Column: China iron ore imports head for record even as steel output slips China is likely to import as much as 120 million tonnes this month. Reuters | October 22, 2024 | 7:25 am