Harmony Gold says profit soared 78% on higher output and prices

Harmony said separately last week that production exceeded guidance last year, growing by 6%.

Bloomberg News | September 2, 2024 | 10:25 am

Teck announces new business structure, leadership team post coal exit

The new company structure will revolve around two regional business…

Staff Writer | September 2, 2024 | 10:16 am

Vedanta to pay $932 million in dividend to help parent cut debt

Vedanta Resources has reduced its dues by $4.5 billion in…

Bloomberg News | September 2, 2024 | 9:17 am

Sibanye flags loss after $420 million US asset writedown

The company said in the half year it saw a…

Reuters | September 2, 2024 | 9:05 am

Latest permit for Hudbay project in Arizona paves way for major US copper boost

The company has in hand the second-last permit it needs…

Henry Lazenby - The Northern Miner | August 30, 2024 | 2:06 pm

Canada puts its big miners off limits just as M&A is heating up

Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players.

Bloomberg News | July 6, 2024 | 7:55 pm

Vedanta says it has arranged $250 million to settle Zambian copper mine debts

Vedanta will still need to raise an additional $1 billion revive the mining operations at KCM.

Reuters | July 5, 2024 | 10:19 am

Teck jumps on buyback, debt plan after coal sale to Glencore

The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders.

Bloomberg News | July 5, 2024 | 9:26 am

MMG halts zinc concentrate output at Dugald River mine

The company has halted operations at a mill at its zinc mine in Australia for about two months of repair work.

Reuters | July 5, 2024 | 7:04 am

Canada approves Glencore takeover of Teck coal unit, with conditions

The government is planning to approve the deal as soon as Thursday, Globe and Mail said.

Reuters | July 4, 2024 | 4:32 pm

Brazil’s Lula will ‘demand’ compensation for Mariana and Brumadinho

The Brazilian President is expected to meet with Vale executives next week.

Staff Writer | July 4, 2024 | 9:15 am

BHP cuts employee incentives by 20% globally — report

The world's largest listed miner is reportedly paying only 80% of short-term incentives offered in 2023-24, as it missed performance goals.

Cecilia Jamasmie | July 4, 2024 | 5:57 am

Vale picks mining veteran Usmar to lead base metals turnaround

The board of the Rio de Janeiro-based miner reportedly chose Shaun Usmar to head Vale Base Metals.

Bloomberg News | July 3, 2024 | 1:06 pm

Rio Tinto, Saga Metals team up to hunt for lithium in northern Quebec

Under the option agreement, Rio Tinto Exploration Canada can acquire an initial 51% interest in Legacy over a period of four years.

Staff Writer | July 3, 2024 | 10:23 am

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