Mining News
Fortescue founder to oversee its iron ore business to help drive the company's transition
(Kitco News) - Iron ore mining giant Fortescue Metals (ASX: FMG) announced Wednesday it will transition to a truly global company and restructure the organization to have both the CEO of Fortescue and the CEO of Fortescue Future Industries reporting directly ...
Lucapa says 204 carat diamond recovered at Mothae mine in Lesotho
(Kitco News) - Lucapa Diamond Company (ASX: LOM) yesterday announced the recovery of a 204 carat diamond from the Mothae mine in Lesotho.
Atico posts higher quarterly net income as its gold and copper production in Colombia up in Q1
(Kitco News) - Atico Mining (TSX.V: ATY) today announced that in Q1 2022, the company produced 4.7 million lbs of copper, 2,636 oz of gold, and 8,779 oz of silver in Colombia.
Vale-BHP JV Samarco's financial creditors plan to take over the company
NEW YORK, May 17 (Reuters) - An alternate restructuring plan for Samarco Mineracao SA, a joint venture between Vale SA and BHP Group, proposes that financial creditors take control of the company.
Indonesia tin miner Timah says Q1 refined tin output down 8%
JAKARTA, May 18 (Reuters) - Indonesia's state controlled tin miner PT Timah in the January-March period produced 4,820 tonnes of refined tin, down 8% from the same period last year.
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