Harmony Gold to pay record interim dividend, extend life of Mponeng mineThe miner will extend Mponeng’s life from seven to 20 years.Staff Writer | February 28, 2024 | 9:41 am
SSR withdraws guidance for Çöpler in light of mine disasterIn 2023, the Çöpler mine produced 220,999 gold ounces.Staff Writer | February 28, 2024 | 8:55 am
Alrosa’s annual net profit drops 15.2%Harmony Gold says it will pay a record interim dividend.Reuters | February 28, 2024 | 8:01 am
Sweden’s H2 Green Steel lines up Vale, Rio Tinto for iron ore supply The Swedish company will use a production process known as direct reduced iron to cut CO2 emissions. Reuters | August 9, 2023 | 7:28 am
Glencore half-year profit drops 50% as commodity prices ease At its own mines, Glencore said profit was hurt by lower prices for coal and cobalt in particular. Bloomberg News | August 8, 2023 | 2:53 pm
Barrick CEO sees few good deals despite mining’s M&A revival "The problem is that, in the gold industry, most of the tier one assets remaining are embedded in bad assets. And you can’t unlock them,” Bristow says. Bloomberg News | August 8, 2023 | 1:28 pm
Graves a barrier for Jindal’s $2 billion South African iron mine Residents say the mine could lead to more than 3,000 households and 3,000 graves being moved. Bloomberg News | August 8, 2023 | 8:31 am
Glencore keeps dealmaking powder dry for Teck as payouts drop The company underlined its interest in a deal by holding back $2 billion for a potential purchase of Teck’s coal business. Bloomberg News | August 8, 2023 | 7:43 am
Western Australia to scrap 2021 Aboriginal heritage protection laws Laws were introduced after the destruction of the ancient Juukan Gorge rock shelters by Rio Tinto. Reuters | August 8, 2023 | 7:35 am
Barrick beats quarterly profit estimates on higher gold prices The company also maintained its full-year production outlook for gold and copper. Reuters | August 8, 2023 | 7:27 am
Glencore stockpiled cobalt in first half to support prices Cobalt prices are down more than 50% from October, due to weak demand and growing supplies from Indonesia. Reuters | August 8, 2023 | 7:11 am
Barrick open to Saudi wealth fund buying stake in Pakistan’s Reko Diq project Barrick considers the mine one of the world's largest underdeveloped copper-gold areas. Reuters | August 8, 2023 | 7:05 am