Anglo American strategy boss replaces Cutifani as CEO
Duncan Wanblad, 54, will be the first South African to run the company since Tony Trahar stepped down in 2007.
Iron Ore
US markets rise, Oct. 25-29 trading week
The Dow Jones Industrial Average rose 142.54 points or 0.40% to 35,819.56 and the S&P 500 climbed 60.48 points or 1.33% to 4,605.38 during the October 25-29 trading week. Spot…
Anglo American to halve indirect emissions by 2040
Anglo American (LSE: AAL) aims to halve its indirect greenhouse gases, known as Scope 3 emissions, by 2040 while it continues to boost the use of renewable energy across its…
Lawmakers file impeachment proceedings against Chilean president
Earlier this month, lawmakers in Chile filed impeachment proceedings against President Sebastián Piñera after allegations surfaced in the Pandora Papers about a deal involving the Dominga iron ore project. The…
FPX Nickel makes high-grade, near-surface discovery with first holes at Van target
FPX Nickel (TSXV: FPX) says it has made a significant new nickel discovery with the first two holes it drilled at the Van target at its Decar project, 90 km…
The View from England: Short iron bogey
It is a difficult time to be an iron ore analyst, especially if you’re also a European golfer. The 43rd biennial clash between golfing teams from the United States and…
Mick Davis walks away from Guinea vehicle he founded
Mining veteran Mick Davis has cut ties with Niron Metals, an investment vehicle he co-founded in 2019 to develop Guinea’s Zogota iron ore deposit, previously owned by BSG Resources (BSGR). The former Xstrata boss, who was chair of…
Bank of America cuts iron ore price forecasts
The Bank of America’s global research team is lowering its price forecast for iron ore fines in 2022 by 45% to US$91 per tonne (down from its previous forecast of…
JV article: Emesent’s Hovermap valuable tool after earthquake at Swedish iron ore mine
On the morning of May 18, 2020, an earthquake measuring 4.1 on the Richter scale rocked northern Sweden, inflicting serious damage to the century old LKAB iron mine in the…
Rio Tinto hit with fresh tax bill in Australia
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has been hit with a A$379 million (US$277.7 million) bill as part of an ongoing dispute with the Australian Taxation Office (ATO) dating…
Robust metals price outlook softens in 2022 – reports
The global metals and mining industry outlook has changed from ‘positive’ to ‘stable’ with a new Moody’s Investors Service report finding that despite most metals prices exceeding historical marks, that…
Export credit agencies provide funds for Horizonte’s Araguaia project
Horizonte Minerals (TSX: HZM; LSE: HZM) has nailed down US$146.2 million from export credit agencies in Denmark and Finland to partly fund construction of its 100%-owned Araguaia ferro-nickel project in…