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…
Iron Ore
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…
Rinehart buys 18% in Azure Minerals to block SQM takeover
Australia’s richest woman Gina Rinehart’s Hancock Prospecting said on Friday it had acquired 18% of Azure Minerals (ASX: AZS), in a strategic move aimed at checking Chilean lithium giant SQM’s…
Champion Iron shares rise on Bloom Lake expansion
Champion Iron (TSX: CIA) shares rose on Thursday after its Bloom Lake mine, in Quebec, reached its expanded nameplate capacity of 15 million tonnes a year in the last 30 days….
Video: Robert Friedland warns we’re ‘on the verge of destroying ourselves as a species’
Robert Friedland arrived fresh off a flight from Mongolia just in time to be the last keynote speaker of The Northern Miner’s Canadian Mining Symposium in London, U.K., Oct. 12-13. …
Rio Tinto cuts Canadian iron ore guidance
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has once again cut iron production targets for its iron ore operations in Canada, citing extended plant downtime and conveyor belt failures. Output from…
Brazil’s comptroller general alleges Vale corrupted inspection in Brumadinho case
Brazil’s comptroller general (CGU) has alleged in a report that Vale corrupted the “integrity” of the federal inspection system in the Brumadinho case. The collapse of the dam at Vale’s Corrego…
Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast
Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals. A 5.4-million-ton (4.9-million-tonne) copper…
Beaver Creek: Critical minerals shine at precious metals summit
The mining sector, a longstanding pillar of the global economy and even more important now with rising attention to critical metals and secure supply in Western nations, is facing emerging…
Billionaire Rinehart’s Hancock Prospecting takes major stake in Liontown
Hancock Prospecting, owned by Australian billionaire Gina Rinehart, confirmed on Monday market rumours indicating her company had increased its stake in lithium miner Liontown Resources (ASX: LTR), which recently accepted…