Teck, Oldendorff to outfit bulk carrier with rotor sails to cut emissionsThe Flettner Rotors generate lift from the wind, which is translated into additional thrust, reducing fuel consumption on voyages.Staff Writer | December 8, 2023 | 12:50 pm
Panama government orders First Quantum to end copper operationsCobre Panama has requested government authorization to lay off more…Staff Writer | December 8, 2023 | 9:55 am
Trafigura’s 2023 net profit hits record $7.4 billionThe Geneva-based private company made the bulk of its profit…Reuters | December 8, 2023 | 6:38 am
Brazil okays BHP’s $6.6 billion acquisition of OZ Minerals The deal still requires the approval of Australia’s regulatory bodies and the copper-gold miner shareholders, who are set to vote in April. MINING.COM Editor | February 7, 2023 | 5:51 am
South Africa hit by investment strike, key mining employer says More than 200 days of power cuts last year and blackouts every day so far in 2023 have dented confidence. Bloomberg News | February 7, 2023 | 4:47 am
Mammoth gold miner in the making after Newmont’s $17bn bid for Newcrest The deal would be one of the biggest in Australian history, though initial feedback suggests that Newmont will have to improve its bid to succeed. Cecilia Jamasmie | February 6, 2023 | 9:59 pm
Newmont open to sweetening $16.9bn bid for Newcrest – source Already the world's largest gold producer, Newmont would become a gold mining behemoth should it prevail in its bid for Newcrest. Reuters | February 6, 2023 | 8:32 pm
Newmont’s bid for Newcrest marks new era of mining mega deals Newmont’s all-stock offer would be the largest gold mining takeover ever. Bloomberg News | February 6, 2023 | 5:22 pm
Thungela says emerging markets will want coal for decades South Africa's no. 2 coal miner expects strong coal demand from emerging markets for at least two decades. Reuters | February 6, 2023 | 11:39 am
Anglo American CEO urges public-private fix to Transnet crisis Transnet has been unable to meet demand for freight trains to transport iron ore, coal and other commodities. Reuters | February 6, 2023 | 11:01 am
Sibanye-Stillwater CEO shrugs off gold mega-merger Neal Froneman said he had "moved on" from the idea he floated two years ago of merging Sibanye with its South African peers. Reuters | February 6, 2023 | 10:07 am
Harmony Gold looks to green hydrogen, LNG for power Miners in South Africa are under pressure to find alternatives from investors anxious to meet goals on reducing carbon emissions. Reuters | February 6, 2023 | 9:50 am