Samarco hit with almost $1B lawsuit
The beleagured Sarmaco joint-venture in Brazil between BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Vale (NYSE: VALE) has been hit with an almost US$1 billion lawsuit from noteholders who…
BHP
K2 drills near-surface oxide gold at Mojave in California
The second batch of reverse circulation exploration results from K2 Gold’s (TSXV: KTO) Mojave property in southern California includes near-surface gold intercepts from the Dragonfly zone. Most recent drill highlights…
SolGold CEO Nick Mather to retire after shareholder pressure
SolGold (TSX: SOLG; LSE: SOLG) announced that Nick Mather would step down as CEO after 13 years at the helm of the company. His resignation comes after Mather was handed…
USA Rare Earth outlines domestic mine-to-magnet strategy
Since founding privately held USA Rare Earth three years ago, Pini Althaus has focused on turning his vision of creating a secure supply of rare earth elements in the United…
SolGold’s Nick Mather faces shareholder anger at AGM
Two years ago The Northern Miner named Nick Mather, president and CEO of Australian junior SolGold (TSX: SOLG; LSE: SOLG), as its Mining Man of the Year for his role…
Rio Tinto taps finance head as new CEO
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has named finance head Jakob Stausholm as its next chief executive, replacing incumbent Jean-Sébastien Jacques who had to step down following an…
Glencore chooses coal head Gary Nagle as new CEO
Mining and commodities trader Glencore (LSE: GLEN) said today that Gary Nagle, the head of its coal division, would replace Ivan Glasenberg as the company’s top boss early next year. Glasenberg, who has…
Samarco to resume production after Fundão dam tragedy
Samarco is expected to resume activities this month, five years after the Fundão dam tragedy. On November 5, 2015, the dam, owned by Samarco – controlled by Vale (NYSE: VALE)…
Industry leaders progress initiative to accelerate new generation of mining vehicles
The Innovation for Cleaner, Safer Vehicles (ICSV) initiative – a collaboration between the International Council on Mining and Metals (ICMM) and original equipment manufacturers (OEMs) – has made progress towards…
SolGold delays Alpala prefeasibility study again
Ecuador-focused miner SolGold (TSX: SOLG; LSE: SOLG) said today it won’t be able to complete the prefeasibility study for its Alpala copper-gold project this year as planned. The Australian miner had already…
BHP to ramp up Spence copper mine expansion
BHP (NYSE: BHP; LSE: BHP) plans to ramp up work at the ongoing US$2.5 billion expansion of its Spence copper mine in Chile, as measures taken to stop the spread of Covid-19…
English court blocks lawsuit against BHP over Brazil dam failure
The High Court of Manchester, northwestern England, on Nov. 9, blocked a £5 billion (US$6.6 billion) lawsuit against BHP (NYSE: BHP; LSE: BHP) over a devastating dam collapse at an iron…