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
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…
Prairies Snapshot: Eight companies to watch
Manitoba and Saskatchewan consistently rank top among the world’s premier jurisdictions for mining and mineral exploration. The following are eight companies with operations in the provinces. APPIA RARE EARTHS &…
FPX scoping study outlines high-purity nickel sulphate operation for EV industry
FPX Nickel (TSXV: FPX; OTC: FPOCF) has announced results of an internal engineering scoping study evaluating the production of nickel sulphate for the electric vehicle battery market from high-grade awaruite…
Analysis: No reduction in tailings dam failures over the past two decades
A newly released assessment of global tailings management facilities (TMFs) data paints a jarring picture showing that relative to global mine production, there has been no improvement in the rate…
Chile to redraw constitution following voter defeat
Chile’s national mining association SONAMI has welcomed the weekend rejection of the proposed new constitution for the world’s number-one copper producer, sending lawmakers back to the drawing board to create…