Tuesday, 1 April 2025

Focus on Mining

FILE PHOTO: The logo of Vale SA is pictured in Rio de Janeiro, Brazil, August 7, 2017. Picture taken August 7, 2017. REUTERS/Ricardo Moraes/File Photo
BusinessCritical MineralsEconomyFinanceMiningNews

Vale’s third-quarter profit falls 15% on dam collapse provisions, lower ore prices

Vale's profit fell 15 per cent to $2.41 billion, beating estimates, as lower iron ore prices and Mariana dam provisions weighed on results.

The logo of Australia's biggest independent coal miner Whitehaven Coal Ltd is displayed on their office building located in the north-western New South Wales town of Gunnedah in Australia, August 15, 2017. Picture taken August 15, 2017.    REUTERS/David Gray
BusinessCoalFinanceMiningNews

Australia’s Whitehaven Coal jumps on price outlook, output beat

Whitehaven Coal's Q3 output beat forecasts at 9.7M tons, boosting shares 7.8 per cent amid optimism on metallurgical coal prices.

FILE - Tiehm's buckwheat grows in a greenhouse in Gardnerville, Nevada, Tuesday, May 21, 2024. The endangered desert wildflower stands in the way of a mining company's plans to dig for lithium to help speed production of batteries for electric cars and other green energy projects. (AP Photo/Scott Sonner, File)
BiodiversityCritical MineralsEnvironmentMiningNewsPoliticsRegulations

Nevada lithium mine wins final approval despite potential harm to endangered wildflower

Biden admin approves Nevada lithium mine, key to clean energy push, despite environmentalists' lawsuits over endangered wildflower.

FILE PHOTO: A general view of molten copper at Anglo American's smelter in Chagres, Chile, obtained by Reuters on April 26, 2024. Anglo American/Handout via REUTERS/File Photo
AnalysisBusinessCritical MineralsEconomyMining

Can Anglo’s copper pivot help thwart renewed takeover bid?

Anglo American’s shift to copper could decide its fate: independence or a renewed BHP bid when the six-month block ends.

FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023.  REUTERS/Kevin Lamarque/File Photo
BusinessCritical MineralsEconomyFinanceMiningNewsRegulations

US Treasury allows miners to access clean energy manufacturing subsidy

The U.S. Treasury will now allow some mining firms to access a tax credit for clean energy components, after industry pushback.

FILE PHOTO: A worker is seen at Anglo American's Los Bronces copper mine in Chile, obtained by Reuters on April 26, 2024.  Anglo American/Handout via REUTERS/ File Photo
BusinessCritical MineralsEconomyMiningNews

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Anglo American reported a Q3 drop in copper and diamond production but maintained 2024 guidance amid restructuring efforts.

Mining samples are displayed at a Teck Resources booth at the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 1, 2020.  REUTERS/Chris Helgren/ File Photo
BusinessCritical MineralsMiningNews

Teck Resources reports Q3 profit beat, cuts FY copper production forecast

Teck Resources' Q3 profit beats estimates on record Chile copper output, despite lowering full-year production outlook.

Sebastian Tirintica sits backdropped by solar panels in the RenewAcad training center in Petrosani, southern Romania, Friday, Oct. 11, 2024. (AP Photo/Vadim Ghirda)
AnalysisClimate FinanceCoalEconomyElectricityLabourMiningPoliticsRegulationsSolarWind

As coal plants shut in Romania, some miners transition to green energy while others are reluctant

Romania's coal workers resist retraining for green jobs despite industry decline, fearing change amid political inaction.

Cacique Bayara, leader of the Pataxo Geru-Tucuna village, located in the municipality of Acucena in Minas Gerais, Brazil, speaks to the media outside the Rolls Building of the High Court amid a lawsuit against the BHP Group over the 2015 collapse of the Mariana dam in Brazil, in London, Britain, October 21, 2024. REUTERS/Jaimi Joy
BusinessClimateCourtsCritical MineralsEmissionsEnvironmentIndigenousMiningNewsPoliticsRegulations

BHP says claim it put safety over profit ‘unjustified’ in Brazilian dam collapse case

BHP denies profit-before-safety claims in Brazil dam collapse lawsuit, calling allegations unrealistic and unjustified.

FILE PHOTO: A logo of Sibanye Stillwater is seen at a mine in Marikana, outside Rustenburg, northwest of Johannesburg, South Africa, March 14, 2024. REUTERS/Siphiwe Sibeko/File Photo
AnalysisBusinessCritical MineralsLegislationMiningPoliticsRegulations

Analysis: Sibanye’s Montana woes underscore miners’ growing reliance on Washington

U.S. mining's future hinges on government support amid foreign competition, as shown by Sibanye’s Montana layoffs.

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