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A Chinese steel giant is upsetting the global nickel market
Behind one of China’s biggest industrial companies is a husband and wife team that reinvented how to make stainless steel. With cheaper production techniques, Xiang Guangda and his wife He Xiuqin helped change the industry in less than two decades — turning Tsingshan...
Vale to open shuttered Alegria mine, starting to restore lost output
Miner Vale SA said on Friday it had been authorized by Brazilian regulator ANM to resume operations at its Alegria mining site, which were interrupted last March after a “stress test” failed to guarantee its stability. In a securities filing, the company said the...
BHP earmarks $44 million for Samarco reopening four years after dam burst
BHP has approved $44 million for the restart of operations at Samarco Mineração, its iron ore joint venture with Vale in Brazil, four years after a deadly dam collapse that killed 19 people and became the worst environmental disaster in the country’s history. The...
Teranga Gold’s Wahgnion mine set to increase yearly production by 50%
Teranga Gold on Thursday reported its financial, operating and development results for the quarter ended September 30, 2019. During Q3, the new Wahgnion mine in Burkina Faso was completed ahead of schedule and about $15 million under budget, the Toronto-based gold...