Sigma Lithium stock surges on Tesla takeover rumours
Shares of Sigma Lithium (TSXV: SGMA) rose more than 20% on Tuesday morning following a long-weekend media report that electric vehicle manufacturer Tesla (NASDAQ: TSLA) is in takeover talks with…
Vale
U.S. markets rebound during Jan. 9-13 trading period
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P 500 gained 104.01 or 2.7%…
Vale evaluates offers for $2.5B base metals unit
Vale (NYSE: VALE), one the world’s largest iron ore miner and the top nickel producer, has shortlisted suitors for a 10% of its base metals business estimated to be worth…
U.S. markets continue to slide during Dec. 12 – 16 trading week
The Dow Jones Industrial Average fell 556 points, or 1.7%, to 32,920.46, and the S&P 500 lost 82 points or 2.1%, over the week to 3,852.4. The top value gainer…
US markets fell during Nov. 28 – Dec. 2 trading week
The Dow Jones Industrial Average fell 404.67 points, or 1.2%, to 33,942.36, and the S&P 500 lost 30.31 points or 0.8%, over the week to 3,995.81. Leading value gainer for…
Vale signs MOUs to develop ‘Mega Hubs’ in Middle East
Vale (NYSE: VALE) has signed three memorandums of understanding (MOUs) to jointly study the feasibility of developing industrial complexes or ‘mega hubs’ in the Kingdom of Saudi Arabia, the United…
Brazilian president-elect Lula vows greener mining
A new Brazilian government under president-elect Luiz Inácio Lula da Silva could mean more environmental responsibility, according to a group representing the mining cities of the country. Leftist former Brazilian…
Royalty firm Ecora plans transition to green metals despite lucrative coal contract
Ecora Resources (TSX: ECOR), a mining royalties company, is betting its shift to green-economy investing in projects by giants such as Vale (NYSE: VALE) and Rio Tinto (NYSE: RIO; LSE:…
Vale opens first phase of $945M copper complex expansion in Sudbury
Vale (NYSE: VALE), the world’s largest iron ore and nickel producer, has opened the first phase of a $945 million expansion at its Copper Cliff Complex South Mine in Sudbury,…
US markets rise over Oct 3-7 session
The Dow Jones Industrial Average rose 571.28 points or 1.99% to 29,296.79 and the S&P 500 gained 55.04 points or 1.51% over the Oct. 3-7 trading week to finish at 3,639.66. Vale added US$1.10 to…
Foran’s ambitious net zero plans for McIlvenna Bay attract investors
Vancouver-based Foran Mining’s (TSXV: FOM) executive chairman and CEO Dan Myerson doesn’t want to build just one mine. He has designs on creating Canada’s next copper mining camp in the…
US markets in the dumps during Sept. 19-23 trading week
The Dow Jones Industrial Average fell an astonishing 1,232.01 points or 4% to 29,590.41 during the Sept. 19-23 trading week, while the S&P 500 fell 180.1 points or 4.7% to…