Gold CEO firing deals fresh blow to mining’s battered reputation

A series of disappointments for the mining industry comes against the backdrop of weak commodity prices — although gold has been an exception.

Bloomberg News | January 7, 2024 | 11:38 am

First Quantum calls on Panama to prevent violence at closed mine

The Suntracs construction union — which played a leading role…

Bloomberg News | January 5, 2024 | 11:10 am

Russia’s Udokan Copper assesses damage after fire

Udokan planned to launch the first stage of the plant…

Reuters | January 5, 2024 | 10:46 am

Blade runners: how LFP batteries brought EV metal markets back to earth

In a few short years, LFP batteries crushed nickel and…

Frik Els | January 5, 2024 | 9:48 am

Harmony Gold reports fatality at Mponeng mine

At least 54 workers died in mining-related accidents in South…

Reuters | January 5, 2024 | 9:34 am

Amplats taps finance director to replace Viljoen as new CEO

Finance director Craig Miller will become the new chief executive officer of Anglo American Platinum, effective October 1.

Cecilia Jamasmie | July 27, 2023 | 5:40 am

Anglo and Teck underline mining retreat as China dampens profits

Anglo reported a more than 40% fall in underlying earnings to $5.1bn, while Teck posted an even sharper drop in Q2 profit of over 50% to C$1.48 billion ($1.1bn).

Bloomberg News | July 27, 2023 | 5:08 am

Fortescue sees annual iron ore shipments rising

The world's fourth-largest iron ore miner expects to ship between 192 million metric tonnes (Mt) and 197 Mt of the steel-making commodity in the year.

Reuters | July 26, 2023 | 5:14 pm

BHP, Curtin University partner to provide student scholarships in Western Australia

The scholarships will provide recipients with financial aid, mentorship, fourth year research project support and visits to mining operations.

Staff Writer | July 26, 2023 | 4:02 pm

Eramet says it secured $400 million lithium deal with Glencore

Eramet said last month that Glencore was among parties to have expressed interest in helping finance its lithium production in Argentina.

Reuters | July 26, 2023 | 9:50 am

First Quantum starts output at Africa’s biggest nickel mine

The Enterprise mine is expected to ramp up annual production to 32,000 tons of nickel over the next two years.

Bloomberg News | July 26, 2023 | 9:43 am

Polyus closes books on $6.4bn share buyback early

A Polyus representative said a large shareholder had submitted a bid to sell part of its stake and that a large number of retail investors had participated.

Reuters | July 26, 2023 | 9:27 am