Fortescue Metals ups stake in Candente Copper
Australian iron ore major Fortescue Metals Group (ASX: FMG) has invested $1.38 million (US$984,000) in Candente Copper (TSX: DNT), increasing its stake in the Canadian junior from 9.7% to 19.92%….
Australian iron ore major Fortescue Metals Group (ASX: FMG) has invested $1.38 million (US$984,000) in Candente Copper (TSX: DNT), increasing its stake in the Canadian junior from 9.7% to 19.92%….
Rio Tinto’s (NYSE: RIO; LSE: RIO) top investors are set to face off at the company’s upcoming annual meeting, with only some of them in favour of pushing the miner…
In the coming decades, the ability to combine massively reduced greenhouse gas emissions with wider business goals will be the hallmark of successful mining companies. Climate change is recognized by…
The Dow Jones Industrial Average fell 0.22%, or 51.58 points, to 23,723.69, and the S&P 500 dropped 0.21%, or 6.03 points, to finish the trading week at 2,830.71. Spot gold…
COVID-19 has impacted the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can’t get on-site due to restrictions. S&P…
Greenhouse emissions are expected to fall by 6% this year due to a global slowdown caused by the COVID-19 pandemic, the World Meteorological Organization (WMO) said, but that would not…
Brazil’s Vale (NYSE: VALE), the world’s top iron ore producer, has once again lowered its production forecast for 2020 due to a mix of factors including heavy rain, unplanned outages…
Rio Tinto (NYSE: RIO; LSE: RIO) signalled on Friday a recovery in China’s economy, as it reported improved shipments of iron ore to the country, but the company cut its…
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%. Earlier this month, it lowered its GDP growth forecast for China to 2.9% from its previous…
Brazil has ordered the immediate closure of 47 mining dams that failed to certify their stability, with more than half of them belonging to Vale (NYSE: VALE), whose Córrego do…
The S&P/TSX Composite Index plunged 13.59% (1,864.5 points) to finish the March 16-20 trading week at 11,851.80. The S&P/TSX Global Mining Index fell 3.42% to 57.12, while the S&P/TSX Global…
The Dow Jones Industrial Average rose 1.79% to 25,864.78 and the S&P 500 advanced 0.61% to 2,972.37. Spot gold surged US$87.60 per oz. or 5.53% to US$1,673.10 per oz. Fortuna…
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