CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak

MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian company to the top tier and Perth as the city hosting the greatest number on the list.

Frik Els | July 21, 2023 | 2:35 pm

Newcrest drops after potential buyer Newmont’s weak second quarter

Shares of Newcrest Mining Ltd fell as much as 5.4%…

Reuters | July 21, 2023 | 7:47 am

Glencore expects 2023 trading unit profits of up to $4 billion

The group left its overall 2023 guidance for copper unchanged…

Reuters | July 21, 2023 | 7:33 am

Vedanta posts 41% slump in Q1 profit on soft metal prices

Shares of the company closed 6.2% higher ahead of the…

Reuters | July 21, 2023 | 7:33 am

Hydro says Russian metal threatens LME benchmark, Rusal hits back

While there are no sanctions on Russian metal, consumers are…

Reuters | July 21, 2023 | 6:26 am

Peabody sinks after taking $301 million charge on coal hedge

Chief executive officer Jim Grech said strong global market dynamics will continue to favour its products.

Bloomberg News | April 28, 2022 | 8:30 am

SEC sues Vale for false claims tied to Brumadinho dam collapse

The SEC’s complaint, filed in federal court in Brooklyn, is seeking civil penalties, ill-gotten gains plus interest.

Bloomberg News | April 28, 2022 | 8:25 am

One by one, mega miners show why metals supply is so squeezed

Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies.

Bloomberg News | April 28, 2022 | 8:18 am

Lynas races to keep up with global rare earths demand

The company is in talks with governments eager to beef up access to rare earths outside China.

Reuters | April 28, 2022 | 7:49 am

Glencore hails trading unit outlook, cuts copper guidance

It said earnings from its marketing unit will “comfortably” top the highest end of its guidance range of $2.2 billion to $3.2 billion.

Cecilia Jamasmie | April 28, 2022 | 3:47 am

Newcrest quarterly gold output jumps 10% as Cadia production soars

Production at the flagship Cadia gold mine in New South Wales soared 30% sequentially.

Reuters | April 27, 2022 | 5:59 pm

Vale first-quarter net profit falls 19.6%, but beats expectations

Vale cited lower sales of iron ore fines and pellets due to an intense rain season in top mining state Minas Gerais.

Reuters | April 27, 2022 | 5:24 pm

Vale unveils ‘massive’ buyback program amid iron windfall

The program represents around 10% of Vale's outstanding shares.

Bloomberg News | April 27, 2022 | 3:04 pm

Peru gov’t declares state of emergency near MMG’s Las Bambas mine as stand-off continues

A state of emergency suspends civil liberties such as the right to assembly and protest.

Reuters | April 27, 2022 | 8:18 am

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