Brazilian miner Vale said on Friday it expects to raise iron ore production in its main complex Carajas, in northern Brazil, by nearly 13% through 2030 as part of a 70-billion real ($12.26-billion) investment plan in the region. Brazil’s presidential...
Miner and commodity trader Glencore said on Friday it had rejected an unsolicited approach from an unnamed buyer for its operations in the Democratic Republic of Congo at the end of last year. “Glencore has not engaged any banks or advisors and is not running a...
The top global iron ore miners are headed for their weakest earnings in five years as a struggling Chinese property sector weighs on demand for the steel raw material, while new supply coming on line this year dampens the price outlook. Analysts see a tough year ahead...
The Tasmanian Government has opened applications for the latest round of the Exploration Drilling Grant Initiative (EDGI) in a bid to support the discovery of critical mining opportunities. Commencing in 2018, the EDGI encourages and supports industry and investors to...
New Hope delivered notable increases in both coal production and sales in the first half (H1) of the 2024–25 financial year (FY25). The company’s December quarterly was underlined by a 32.9 per cent increase in saleable coal production in H1 FY25 compared with H1...
