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Vale Iron Ore Output Falls in Second Quarter But Still Beats Estimates
Brazil’s Vale (NYSE:VALE), the world’s No.1 iron-ore producer, saw a slight decline in second-quarter output, but still managed to beat beat analysts’ estimates, keeping a new annual production record in sight. |
Mick Davis to overhaul X2 Resources as fund fails to close any mining deal
Mick Davis’ X2 Resources, the mining fund once touted as the driver of much-needed investment into the mining industry during the worst of the commodities price rout, is set to go under major changes after failing to close a single deal since launched in 2013... |
Philippines: Mining Operations in ARMM Suspended for Performance Audit
COTABATO CITY — The Department of Environment and Natural Resources (DENR) in the Autonomous Region in Muslim Mindanao (ARMM) has suspended all mining operations in the region in the wake of the conduct of performance audit on operating firms’ compliance wit... |
China Oil Exports: Overcapacity There Extends Beyond Metals
Steel, aluminum, cement, what will China flood the world with next? |
Indonesia’s PT Antam Q1 Nickel Output Drops
[Ferro-Alloys.com]Indonesia’s PT Antam Tbk said that the company produced 4,357 tons of nickel in the first quarter, decreasing by 3.4% from 4,512 tons in the same period of last year. |
Brazil Demands $44 Billion From BHP and Vale Over Samarco Disaster
In a blatant case of posturing ahead of inevitable compensation negotiations, lawyers —acting on behalf of Brazil’s public prosecutors — are said to have lodged claims totaling $44 billion ($155 billion Brazilian Reais) against mining companies Vale SA and ... |
Russian Environmental Watchdog Predictably Restores License to Polluting Factory
[Ferro-Alloys.com]No sooner had chimneys pumping sulfur dioxide into Northwest Russian and Scandinavia been stifled last month than they were given permission Tuesday to carry on business as usual by Russia’s federal environmental oversight agency, Rosprirodn... |
A Look Back at The Boom amid The Downturn
[Ferro-Alloys.com]Former Western Mining Corporation general manager Doug Marshall reflected on the heady days of the Kambalda nickel boom on Friday as the town limps on amid a lengthy downturn. |
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