Raising capital now biggest risk to mining companies after ESG

The massive capital outlays required by the green energy transition have become a top mining boardroom agenda item, says new survey.

Frik Els | October 12, 2023 | 1:26 pm

Newcrest investors strongly approve $17 billion Newmont takeover

The proposed deal is the third largest ever involving an…

Reuters | October 12, 2023 | 1:19 pm

Rio Tinto builds solar power plant at Kennecott copper operation in Utah

The 12,800 solar panel power plant will enable Kennecott to…

Staff Writer | October 12, 2023 | 12:08 pm

Ex-Glencore CEO contender sets out to build a Chinese trading giant

After just missing out on succeeding Ivan Glasenberg at Glencore,…

Bloomberg News | October 12, 2023 | 10:00 am

Centamin unveils new mine plan for Sukari targeting over 500,000 oz. gold per year

Sukari is Egypt's largest and first modern gold mine.

Staff Writer | October 12, 2023 | 9:16 am

Anglo American worried about delays at new Peru copper mine

Anglo's Quellaveco mine is the largest new project set to start commercial operations this year, with an investment of $5.5 billion.

Reuters | October 7, 2022 | 10:50 am

Tycoon faces key vote for plan to tap Vedanta cash reserves

The group’s rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load as of March.

Bloomberg News | October 7, 2022 | 9:17 am

BHP’s plan to keep coal mine open for 93 years ‘delusional’

BHP is seeking approval from Australia’s government to extend the life of the Peak Downs mine.

Bloomberg News | October 6, 2022 | 8:21 pm

LME seeks market opinion on possible Russian metal ban

The world's largest and oldest metals exchange highlights three options and requests feedback by market participants by Oct. 28.

Reuters | October 6, 2022 | 12:51 pm

Rio Tinto sources Voltalia solar power for South Africa mine

Richards Bay Minerals will source from the Bolobedu photovoltaic plant.

Reuters | October 6, 2022 | 7:51 am

Surging coal, lithium prices can’t stem sell-off in top 50 mining stocks

World’s 50 biggest mining companies have shed $627 billion since hitting highs in March this year even as investors pile into the best performing sectors.

Frik Els | October 5, 2022 | 3:40 pm

De Beers rough diamond sales for eighth cycle of the year at $500 million

Sales declined 21.6% from the previous Sight but were flat compared to the same period last year.

Staff Writer | October 5, 2022 | 12:56 pm

Antofagasta CEO voices concern about recession hitting copper prices

Earlier on Wednesday the government cut its 2023 average price estimate to $3.62 per pound, from a previous estimate of $3.92 last July.

Reuters | October 5, 2022 | 12:23 pm

Banning Russian aluminum would create uncertainty about LME’s role – Rusal

Rusal, the world's largest aluminum producer outside China, is expected to account for 6% of global supplies of the metal this year.

Reuters | October 5, 2022 | 9:20 am

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