Anglo spinoffs will ‘very likely’ need South Africa approval

Even though BHP doesn’t want to buy Kumba and Amplats, South Africa could have an important role to play if an eventual deal is structured.

Bloomberg News | April 30, 2024 | 4:58 am

Glencore now sees FY trading division profit between $3bn-$3.5bn

However, the company left its full-year production forecast unchanged.

Reuters | April 30, 2024 | 4:48 am

Mosaic sells Saudi JV stake to Ma’aden in $1.5 billion deal

Mosaic and Ma'aden have been partners in the $8 billion…

Cecilia Jamasmie | April 30, 2024 | 4:07 am

Top Glencore shareholders favor keeping coal over spinoff

The world’s largest shipper of thermal coal had said it intended to…

Bloomberg News | April 29, 2024 | 12:27 pm

Column: BHP’s Anglo buyout makes business sense if the price is right

The bid may also be a tacit admission on BHP's…

Reuters | April 29, 2024 | 8:37 am

Newmont to sell six non-core assets in Canada, Australia

The world's largest gold miner will use proceeds to cut debt, which stood at $8 billion at the end of 2023.

Cecilia Jamasmie | February 22, 2024 | 4:03 am

Fortescue beats on first-half profit, posts strong dividend

Imports to China, the world's largest iron ore consumer, hit a record high last year on strong demand.

Reuters | February 21, 2024 | 4:24 pm

Vale says its Sossego copper mine operating license has been suspended

Vale produced 66,800 metric tons of copper in 2023 in Sossego.

Reuters | February 21, 2024 | 4:20 pm

Rio Tinto board gives go-ahead on Simandou iron ore project

"The board yesterday approved the largest mining project in the world," CEO Stausholm told the Financial Times.

Staff Writer | February 21, 2024 | 9:47 am

SQM makes $9.4m follow-on investment in UK battery recycling firm

Since SQM's initial investment of $2.57 million last year, Altilium has hit a number of key development milestones.

Staff Writer | February 21, 2024 | 8:51 am

In election year, South African mines bleed cash, jobs

The country's biggest mining investors are halting plans to spend billions of rand on new projects in response to a slump in profits.

Reuters | February 21, 2024 | 7:54 am

Rio Tinto reports 12% profit drop but returns more cash to investors

The miner said it expects Pilbara production costs to rise in 2024 due to persistent labor and parts inflation.

Reuters | February 21, 2024 | 7:50 am

Piedmont Lithium to sell remaining stake in Sayona Mining for $39 million

The sale would not affect Piedmont's joint venture or offtake agreement with Sayona's business unit, Sayona Quebec.

Reuters | February 21, 2024 | 7:22 am

Sibanye-Stillwater flags $2.5bn write-down on metals prices collapse

Miner expects to report a 91% drop in annual profit for 2023 due to a sharp decline in metals prices and operational problems.

Cecilia Jamasmie | February 21, 2024 | 5:52 am

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