Vale Base Metals to make dozens of job cuts in management cull

The move marks the first major overhaul since Shaun Usmar joined Vale Base Metals as chief executive officer.

Bloomberg News | December 5, 2024 | 3:05 pm

Nornickel’s largest investor Interros objects to Rusal lawsuit over dividends

Rusal first filed the lawsuit in 2022, alleging that Nornickel…

Reuters | December 5, 2024 | 8:45 am

Mali issues arrest warrant for Barrick CEO amid tax dispute – report

Bristow is accused of money laundering and violating financial regulations,…

Staff Writer | December 5, 2024 | 8:02 am

BHP not fixated on copper growth organically or through acquisitions, exec says

BHP is now free to relaunch a bid to acquire…

Reuters | December 5, 2024 | 6:57 am

Antofagasta, Jiangxi agree major drop in 2025 copper TC/RCs

The new agreement represents a drop of 73.4% from the…

Reuters | December 5, 2024 | 6:51 am

Rio Tinto-backed lithium tech startup set to raise second round of funds

ElectraLith is developing a filtration technology that can extract lithium from brine deposits without using water or chemicals.

Reuters | November 25, 2024 | 6:49 am

Anglo American sells coal assets to Peabody for $3.8bn

The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.

Cecilia Jamasmie | November 25, 2024 | 3:53 am

Adani’s Australian coal unit faces human rights complaint

The complaint details how Adani employees sought to “verbally and physically obstruct and prevent” members of an Aboriginal group from accessing springs near the Carmichael mine.

Reuters | November 23, 2024 | 3:24 pm

Mining’s old guard needs strong medicine

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

Frik Els | November 22, 2024 | 3:29 pm