BHP loses appeal to multibillion lawsuit over Samarco disaster
BHP (ASX: BHP) said on Friday it had lost an appeal in a London court seeking to block an over £5 billion (US$6 billion-plus) lawsuit by 200,000 Brazilians over a…
Vale
Vale advances plans to produce nickel sulphate in Canada
Vale, the world’s top nickel and iron ore producer, has completed a prefeasibility study for its proposed nickel sulphate facility in Bécancour Que., the company said on June 9. The…
Osisko VP Maggie Layman on the roots of exploration success: Exclusive interview at the Mining Legends Speaker Series
The Mining Legends Speaker Series kicked off with an inaugural in-person event in Vancouver featuring mining entrepreneur and Canadian Mining Hall of Fame inductee Ross Beaty and rising talent Maggie…
Brumadinho won’t break Vale, but the piper still hasn’t been fully paid
Vale, one of the world’s biggest producers of iron ore and nickel, has been in the news a lot lately. The Brazilian miner has been making strikes towards “green” credentials…
Vale scores multi-year nickel supply deal with Tesla
Vale (NYSE: VALE), the world’s top nickel and iron ore producer, has inked a long-term deal with Tesla (NASDAQ: TSLA) that will see the Brazilian miner supplying the with electric vehicles (EVs)…
Plunging metals prices expected to rebound in H2 – report
Enduring Covid-19-linked lockdowns in the world’s largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report…
U.S. regulator sues Vale for ‘false and misleading’ claims ahead of dam tragedy in 2019
The U.S. Securities and Exchange Commission (SEC) has charged Vale S.A. (NYSE: VALE) with making “false and misleading claims” about the safety of its dams ahead of the January 2019…
Vale to build US$345M ‘green’ pig iron plant in Brazil
Mining giant Vale (NYSE: VALE) has signed an agreement with the government of the northern Brazilian state of Pará to build a “green” pig iron plant in the city of…
Vale Canada to supply low-carbon nickel for EV market
Vale (NYSE: VALE) has struck a multi-year agreement to supply Swedish lithium-ion battery manufacturer Northvolt AB with low-carbon nickel from its Long Harbour refinery in Newfoundland. Details regarding volume and…
Update: Heavy rainfall temporarily halts Vale’s rail operations and production in Brazil
Owing to heavy rainfall in the eastern Brazilian state of Minas Gerais, Vale (NYSE: VALE) has partially suspended train service on its Estrada de Ferro Vitória a Minas (EFVM) rail…
US markets rise, Dec. 27-31
The Dow Jones Industrial Average rose 387.74 points or 1.08% to finish the trading week at 36,338.30 and the S&P 500 gained 40.39 points or 0.86% to 4,766.18. Spot gold…
Vale to sell Moatize coal mine to Vulcan for US$270M
Vale (NYSE: VALE) is selling its Moatize coal mine and the Nacala logistic corridor, a multibillion-dollar port and rail project in Mozambique, to Vulcan Minerals (TSXV: VUL) in a transaction…