US markets mixed, Jan. 4-8
The Dow Jones Industrial Average rose 1.61% to finish the week at 31,097.97 and the S&P 500 declined by 1.83% to 3,824.68. Spot gold dropped US$48 per oz., or 2.53%,…
Vale
Samarco to resume production after Fundão dam tragedy
Samarco is expected to resume activities this month, five years after the Fundão dam tragedy. On November 5, 2015, the dam, owned by Samarco – controlled by Vale (NYSE: VALE)…
The View from England: Time for a mining miracle
I speak mining, and have done so for over 45 years. For most of that time, I have defended the industry from those ignorant or ill-informed of our activities. I…
Brazilian state rejects Vale’s US$4B offer for dam disaster
The head of the Brazilian state of Minas Gerais, where Vale’s (NYSE: VALE) Brumadinho dam collapsed in January 2019 leaving 270 people dead, has rejected the miner’s proposed settlement of…
US markets up, Nov. 9-13
The Dow Jones Industrial Average rose 4.42% to finish the trading week at 29,479.81 and the S&P 500 climbed by 2.16% to 3,585.15. Spot gold dropped US$60.60 per oz., or…
Guinea approves railroad and port plan for large-scale Simandou project
Guinea’s government has approved a multinational group’s plan to build a railroad and deep-water port to export from the large-scale Simandou iron ore deposit to key markets, including China, the…
English court blocks lawsuit against BHP over Brazil dam failure
The High Court of Manchester, northwestern England, on Nov. 9, blocked a £5 billion (US$6.6 billion) lawsuit against BHP (NYSE: BHP; LSE: BHP) over a devastating dam collapse at an iron…
JV Article: New standard strives to improve safety and transparency in tailings management
The Global Tailings Review (GTR) released the first-ever Global Standard on Tailings Management in August. The standard aims to strengthen current best practices around the management of tailings dams in…
US markets slump, Oct. 26-30
The Dow Jones Industrial Average slumped 6.47% to finish the week at 26,501.60, and the S&P 500 fell by 5.64% to 3,269.96. Spot gold dropped US$22.70 per oz., or 1.19%,…
Wheaton expands into Europe with LSE listing
Wheaton Precious Metals (TSX: WPM; NYSE; WPM; LSE: WPM), one of the world’s largest gold and silver streaming companies, began trading on the main market of the London Stock Exchange (LSE)…
Wheaton Precious Metals to trade in London
Canada’s Wheaton Precious Metals (TSX: WPM; NYSE: WPM), one of the world’s largest gold and silver streaming companies, said today it has been approved by the U.K. financial regulator to…
Glencore talks nickel with car, battery makers
Global miner and commodities trader Glencore (LSE: GLEN) is close to securing nickel supply deals with automakers and battery producers amid a looming squeeze in the market and Tesla CEO…