Brazilian miner Vale said on Saturday that it is conducting checks on a dam after a routine inspection identified surface cracks but noted that the structure’s stability conditions remain unchanged. In a securities filing, the company said the issue concerns the...
Rio Tinto has purchased Antipa Minerals’ stake in the Citadel joint venture (JV), expanding its footprint in the Paterson Province of Western Australia. The Citadel JV covers 1200 square kilometres of tenure and comprises the Calibre and Magnum...
Alcoa will divest its stake in the Ma’aden joint venture (JV) to Saudi Arabian Mining Company (Ma’aden) for over $US1 billion. Located in Saudi Arabia, the Ma’aden JV was created in 2009 and comprises the Ma’aden bauxite mine and alumina refinery and the Ma’aden...
The available coking coal stock in its yard, to run the last of its three furnaces, is expected to barely last for five-six days; if production stops it will be the first such instance since the steel plant opened in 1982. As reported in these columns earlier this...
Low platinum group metals (PGM) prices have resulted in the need for further restructuring of Sibanye-Stillwater’s US PGM operations and a 200 000 oz/y reduction in platinum and palladium (2E) production to cut costs, CEO Neal...
