Cecilia Jamasmie , Editor-in-Chief

Anglo American struggling to meet targets, mulls coal assets sale

Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.

Cecilia Jamasmie | December 9, 2014 | 2:00 pm

Vale sells stake in Mozambique coal project to Mitsui for $763m

Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner.

Cecilia Jamasmie | December 9, 2014 | 1:50 pm

‘Gold-fanatic’ Chinese officer made some $5bn from bribes: report

Anti-graft advocates believe corruption in the Chinese military is so pervasive that it could undermine the nation’s ability to wage war.

Cecilia Jamasmie | December 8, 2014 | 5:56 pm

Trafigura bullish on strong results, hands $885m to top executives

The buyback was revealed in the company’s annual report, which showed improved operating profits in spite of difficult market conditions in the last two years.

Cecilia Jamasmie | December 8, 2014 | 4:47 pm

Swedish iron ore miner Northland Resources goes bankrupt

Affected by anemic iron ore prices, the Swedish firm joins an increasing number of miners that have fallen by the wayside.

Cecilia Jamasmie | December 8, 2014 | 3:00 pm

Forget ‘NewCo’: BHP Billiton spin-off named South32

The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.

Cecilia Jamasmie | December 8, 2014 | 11:26 am

Sandvik relocates global equipment unit to India and China

The firm is closing several facilities in the U.S. and Europe, as part of a two-year business reorganization set to conclude in the next fiscal.

Cecilia Jamasmie | December 5, 2014 | 7:16 pm

Canadian miners find ‘pot of gold’ in Ireland

It was not at the end of any rainbow, but two Canadian firms did find their own pot of gold and are turning Northern Ireland in a new mining frontier.

Cecilia Jamasmie | December 5, 2014 | 5:39 pm

Vale to sell 15% of its $3bn Mozambique coal project to Mitsui

The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.

Cecilia Jamasmie | December 5, 2014 | 3:32 pm

Putin seeks to boost Russian diamond trade through India

The Russian leader is expected to ink a long-sought deal with India during his visit to the country next week.

Cecilia Jamasmie | December 5, 2014 | 11:51 am

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