How did Vale tailings dam burst and kills hundreds?
Construction details in the tailings dam at Vale’s (NYSE: VALE) Corrego do Feijao iron ore mine in Brazil may have caused the burst that killed at least 270 people when…
Iron Ore
Simandou build expected to start in 2024 after almost 30 years of setbacks
Set to be the world’s largest and highest grade new iron ore mine, the project will add around 5% to global seaborne supply when it comes on line.
Canada slams US antidumping duty on tin mill products, citing trade concerns
The United States Department of Commerce Friday announced measures to curb dumping of tin mill products from several countries including Canada in a move Ottawa criticized as “disappointing” and a…
Agnico Eagle invests $23M for 12% of Canada Nickel
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), the largest gold producer in Canada, has acquired a stake of Canada Nickel Co. (TSXV: CNC; OTCQX: CNIKF) as the junior advances its…
Vale’s ex-president seeks to avoid trial for Brumadinho dam failure
Former Vale (NYSE: VALE) president Fábio Schvartsman may avoid trial for the Brumadinho tailings dam collapse that killed more than 250 people in Brazil in 2019. The executive’s defence team…
Anglo American’s falling shares fuel takeover rumours
Speculation about Anglo American (LSE: AAL) becoming the target of a takeover by a rival or a private equity firm keeps mounting, as shares in the diversified miner continue to…
Anglo American shares drop on South Africa challenges, production cut
Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.
Nearly one-third of tailings dams close to protected areas – study
Nearly a third of the world’s mine tailings are stored within or near protected conservation areas, posing risks to some of the earth’s most precious species and landscapes. A recent…
Vale expands production capacity at Salobo copper mine
Brazil-based mining giant Vale (NYSE: VALE) has announced that its Salobo mine has reached a capacity of 32 million tonnes per year after completing a successful throughput test for the…
Baffinland wins output hike after larger plan blocked
Canada has approved a 40% increase in output from ArcelorMittal-backed Baffinland Iron Mines in the country’s far north a year after denying it a larger plan to nearly triple production. Northern…
Follow the money trail to critical metals
One investing strategy in mining is to watch the insiders. By insiders, I mean the big players in the industry. That is, the directors of multi-billion-dollar companies, mining magnates and…
JV Video: TMX markets crucial for funding new energy
The Toronto stock and venture exchanges owned by TMX Group are vital for the energy transition because they list the most miners in the world, the company’s head of business…