Brazil rejects state miner concept as US deal stalls
Brazil sees no need to create a state-run critical minerals company, Industry Minister Marcio Elias Rosa said Friday, pushing back on proposals for a state-backed entity. “There is no need…
Iron Ore
BHP now expects nearly 2M tonnes copper production after record Escondida throughput
BHP (NYSE, LSE, ASX: BHP) reinforced confidence in its fiscal 2026 outlook on Wednesday, with solid copper and iron ore performance underpinning expectations that production targets will be met. In…
Rio Tinto copper surge offsets iron ore disruption
Rio Tinto (ASX, LSE: RIO), the world’s second-largest miner, reported stronger first-quarter output as copper gains from its Mongolia copper mine offset weather-driven iron ore disruptions and mounting geopolitical risks….
Hancock, Rio Tinto ordered to pay Hope Downs royalties to ex-partners
Australian billionaire Gina Rinehart’s Hancock Prospecting and partner Rio Tinto (LSE, NYSE, ASX: RIO) must pay millions of dollars in past and future royalties after a court sided with the…
Video at PDAC: MetalQuest seeks Lac Otelnuk iron project partner
MetalQuest Mining (TSXV: MQM; US-OTC: MQMIF) plans to update the 2015 feasibility study at its Lac Otelnuk iron ore project in northern Quebec after completing a gap analysis and stepping…
Brazil court re-charges former Vale CEO
Brazil’s top court has reinstated criminal charges against former Vale (NYSE: VALE) CEO Fábio Schvartsman over the 2019 Brumadinho dam collapse, reversing a lower court decision that had dismissed the…
AOMC, Odyssey merge to build $1B deep-sea miner
American Ocean Minerals is merging with Odyssey Marine Exploration (Nasdaq: OMEX) in a reverse takeover that will create a roughly $1 billion market cap deep-sea mining company. The all-stock transaction…
Canada key as Vale plans base metals profit surge
Vale‘s (NYSE: VALE) base metals business could generate more than one-third of the Brazilian mining group’s pretax profit over the coming decade as production climbs and efficiencies kick in, executives…
Miners brace as Cyclone Narelle hits Australia
Severe Tropical Cyclone Narelle made landfall on Western Australia’s coast on Friday prompting port closures, operational precautions and supply disruptions across key mining regions. The system peaked at category 4…
Ivanhoe Atlantic gets Liberia nod for iron ore transport
Robert Friedland-backed developer Ivanhoe Atlantic has secured approval to use Liberian transport and logistics infrastructure as part of its efforts to mine and export high-grade iron ore from the Kon…
Chilean court revives $2.5B Dominga project permit
Chile’s Antofagasta Court of Appeals has suspended its own ruling against the $2.5 billion Dominga mining and port project, temporarily restoring its environmental permit and sending the case to the…
Ontario funds up to $215K per early-stage project
Ontario is backing 68 early-stage exploration projects in new awards under a government funding program. The financing, delivered through the Ontario Junior Exploration Program (OJEP), will cover up to half…