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Covid is fading away. The economy is improving. Thus, the only story worthy of debate is inflation. So let that be our focus today, says Steve Reitmeister, editor of Reitmeister Total Return. For further details see: Fed Watch for Wednesday
BeyondImages/iStock via Getty Images Bankrupt miner Samarco expects to receive a 1.2B reais ($238M) debtor-in-possession loan extended by controlling shareholders Vale ([[VALE]] -2.1%) and BHP ([[BHP]] -0.9%) to maintain operations, Reuters reports. But a group representing 80% of Samarco's d...
SimoneN/iStock via Getty Images China says it will release national reserves of major base metals over the short term in an effort to stabilize surging commodities prices. China's National Food and Strategic Reserves Administration says it will release reserves including copper, aluminum and ...
RiverRockPhotos/E+ via Getty Images Union negotiators recommend striking workers at Vale's ([[VALE]] +0.9%) Sudbury nickel-copper complex in Canada reject the company's latest offer, saying it offers "minimal improvements." "Eliminating post-retirement health benefits from other staff is not ...
Hello my names is james,I'm photographer./iStock via Getty Images Vale's (VALE) decomissioned Xingu tailings dam near the site of a deadly disaster in 2015 is at "imminent risk of collapsing," Brazilian government inspectors said in a report yesterday. The dam stopped receiving mining waste i...
Vale (VALE) says it will prepay an outstanding ~$2.5B balance related to project financing for the Nacala logistics corridor that serves the Moatize coal mine in Mozambique.The company says the settlement will allow it to complete its purchase of Mitsui's stake in the Moatize mine and the Nac...
Global miners slide alongside prices for copper and iron ore following weaker than expected trade data from top consumer China that showed lackluster demand for raw materials.Imports to the world's biggest steel market slowed to 89.79M metric tons in May, well below the 98.57M tons China boug...
Rio Tinto is undoubtedly among the largest and the most significant companies in the iron ore mining industry. Iron ore is the company's core product. This is a highly important natural resource for the green energy transition. Rio Tinto is a great momentum and dividend stock whic...
Vale ([[VALE]] -0.1%) says it has suspended production at its Timbopeba mine and part of its Alegria mine in Brazil's Minas Gerais state after local authorities ordered the evacuation of an area around the nearby Xingu dam.Vale says the interruption will reduce iron ore production by 40K metr...
Nickel spot prices were higher in May and the LME inventory was lower. Nickel market news - China's Lygend starts milestone nickel project in Indonesia. China domestic market participants still expect nickel prices to resume in the long run following their near-term correction. Ni...
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2024-07-26 16:30:15 ET Image source: The Motley Fool. Vale (NYSE: VALE) Q2 2024 Earnings Call Jul 26, 2024 , 10:00 a.m. ET Operator Continue reading For further details see: Vale (VALE) Q2 2024 Earnings Call Transcript
2024-07-26 08:52:27 ET Vale SA (NYSE: VALE), the world’s largest iron ore producer, reported its Q2 earnings for 2024 earlier today, presenting a mixed financial picture but reaffirming its production outlook for the year. Despite falling short of revenue expectations with $9...
The International Energy Agency predicts that existing and planned mines will only meet 80% of global copper needs by 2030 Torr Metals is developing two highly prospective copper-gold projects in Canada, one of the most mining-friendly and infrastructure-rich jurisdictions in the world In Jun...