Anglo American takes fresh $1.6bn writedown on UK fertilizer mineCharge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.Cecilia Jamasmie | July 25, 2024 | 3:46 am
Fortescue to step up energy spending despite job cuts"We see a massive potential in green iron industry out…Reuters | July 24, 2024 | 5:10 pm
Newmont beats quarterly profit estimates on higher gold productionThe world's biggest gold miner benefited from robust production and…Reuters | July 24, 2024 | 1:14 pm
M&A won’t alleviate looming copper shortage, Barrick CEO warns For Mark Bristow, BHP's approach to Anglo reinforces the necessity for industry investment in its future. Staff Writer | May 8, 2024 | 9:39 am
Lab diamonds just won a battle, not the war Despite the hype, man-made diamonds only account for 20% of global diamond jewellery sales and analysts expect their price to fall. Cecilia Jamasmie | May 8, 2024 | 8:20 am
Lower energy prices help Aurubis’ first-half profit Group revenue for the first half of the year fell 6% to 8.25 billion euros, roughly in line with expectations. Reuters | May 8, 2024 | 7:46 am
Indonesia says it will extend copper export permits for Freeport, Amman The current permits are set to expire on May 31. Reuters | May 8, 2024 | 7:22 am
Brazil demands immediate $15.7 billion payment from Vale, BHP for Mariana disaster The government stated that if this amount is not paid within 15 days, it will petition to block the assets of Vale, BHP, and Samarco. Bruno Venditti | May 7, 2024 | 9:31 am
South African unions urge Anglo holders to reject BHP bid BHP’s proposal includes a plan for Anglo to spin off its Johannesburg-listed platinum and iron ore units before an eventual takeover. Bloomberg News | May 7, 2024 | 7:48 am
Ganfeng seeks full control of lithium mine in Mali The board of the miner approved the proposal to acquire 40% of the Goulamina project from Leo Lithium. Bloomberg News | May 7, 2024 | 7:44 am
Tycoon Agarwal’s India zinc unit to pay $506 million dividend to ease debt burden Hindustan Zinc said it plans to pay 42.25 billion rupees in interim dividends, potentially aiding parent Vedanta Resources' deleveraging plans. Bloomberg News | May 7, 2024 | 7:22 am
BHP insists Anglo American’s South African assets must go in any takeover BHP sees advantages for South Africa in a distribution of Anglo American stakes in Amplats (78.6%) and kumba Iron Ore (69.7%). Reuters | May 7, 2024 | 4:46 am