Top investors seek damages from Glencore over prospectus claims
Swiss trader and miner giant Glencore (LSE: GLEN) has been accused by a group formed by some of the world’s biggest asset managers of hiding its corrupt activities through misleading…
Intelligence
Fortescue CFO leaves three days after CEO’s departure
Fortescue Metals Group (ASX: FMG) added a new name to its list of fleeting top executives on Thursday with the exit of the chief financial officer of its metals division, Christine Morris,…
Codelco woes mount with potential rating cut by Moody’s
Chile’s Codelco, the world’s largest copper producer, has just added a new item to its already long list of challenges as Moody’s Investors Service has placed the state-owned miner under review…
BHP mulls taking Escondida underground as it moves to unveil its own leach technology
BHP (ASX: BHP; LSE: BHP; NYSE: BHP) has kicked off a series of studies to carry out over the next 18 months at its operations in Chile, as the company…
Fortescue CEO Fiona Hick’s sudden departure raises eyebrows
Fortescue Metals Group (ASX: FMG) announced on Monday the unexpected departure of its chief executive officer Fiona Hick, who held the post for less than six months and who attended a…
TNM Drill Down: Red 5’s King of the Hills produces best width x grade value yet
Our TNM Drill Down features highlights of the top gold assays from Aug. 4-11. Drill holes are ranked by gold grade x width, as identified by our data provider Mining Intelligence. …
Chile’s President blocks push for private lithium concessions
Chile’s President Gabriel Boric has vowed to block a proposal by conservative lawmakers seeking to let private companies mine the country’s vast lithium reserves. Boric announced earlier this year a…
Nutrien freezes potash output ramp up, US ammonia project on weak market
Nutrien (TSX: NTR; NYSE: NTR), the world’s largest potash producer, is indefinitely pausing plans for ramping-up output and will also halt work on its clean ammonia project at Geismar, La.,…
Antofagasta’s Arriagada, Collahuasi boss among top picks for Codelco’s CEO job
Chile’s state-owned miner Codelco, the world’s top copper producer, is said to have narrowed down the list for the company’s potential new chief executive to about five candidates, including Antofagasta’s…
Canada’s regulator clears Newmont’s acquisition of Newcrest
Mining giant Newmont (NYSE: NEM) said on Tuesday the Canadian Competition Bureau had cleared the company to proceed with its intended acquisition of Australia’s Newcrest Mining (ASX: NCM; TSX: NCM)….
TNM Drill Down: M3 Mining reports ‘spectacular’ gold hit at Edjudina
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our data provider Mining…
Study highlights deep-sea mining impact on tuna as ISA preps first rules for nascent sector
Extracting minerals from the ocean floor would negatively impact the tuna industry as the fish is expected to migrate habitat towards areas of the Pacific Ocean currently slated for deep-sea mining…