Fortescue cuts 700 jobs, slows down green hydrogen plans

Fortescue is revising plans to become a major green hydrogen producer, citing high energy costs as the main reason for restructuring and layoffs.

Cecilia Jamasmie | July 17, 2024 | 6:09 am

Rio Tinto names Shell’s Katie Jackson as new copper chief

Jackson, who is the current president of National Grid Ventures,…

Cecilia Jamasmie | July 17, 2024 | 3:33 am

BHP posts second straight year of record iron ore production, beats estimates

The world's largest listed miner said iron ore output from…

Reuters | July 16, 2024 | 3:41 pm

Vale sees iron ore output at high-end of 2024 guidance after Q2 rise

The company reported output of 80.6 million metric tons for…

Reuters | July 16, 2024 | 3:08 pm

Vale board members in a ‘state of war’ over CEO succession — report

Last week, consulting firm Russell Reynolds delivered a list of…

Staff Writer | July 16, 2024 | 9:36 am

Codelco output keeps falling, underscoring copper struggles

The state-owned miner said output totaled 295,000 metric tons, down 10% from the same period last year.

Bloomberg News | April 26, 2024 | 8:34 am

Glencore bought aluminum from Rusal worth $1.06bn in 2023

The current contract between the parties expires in 2024.

Reuters | April 26, 2024 | 8:09 am

Panama completes process of mining concession cancellations

The law was passed in November 2023 in response to the protests against First Quantum Minerals' new contract.

Staff Writer | April 26, 2024 | 7:45 am

China could hinder BHP’s bid to become top copper producer

The deal comes just as Chinese copper processors are struggling to turn a profit on supplies from miners like BHP.

Bloomberg News | April 26, 2024 | 6:41 am

London’s mining crown under threat from $39 billion Anglo bid

BHP's attempt to swallow up Anglo American is the latest threat to one of the London market’s most-prized sectors.

Bloomberg News | April 26, 2024 | 6:22 am

Glencore mulls mining investments in Nigeria

It's especially interested in nickel, cobalt, zinc and other metals, provided the government guarantees a stable business environment.

Staff Writer | April 26, 2024 | 5:33 am

Implats weighs 3,900 job cuts in South Africa as price rout takes toll

Job losses are hot-button issues in the lead-up to the May 29 election.

Reuters | April 26, 2024 | 5:27 am

Anglo American Platinum appoints Naidoo as CFO

Naidoo has been acting CFO since October 2023.

Reuters | April 26, 2024 | 5:23 am

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.

Cecilia Jamasmie | April 26, 2024 | 3:24 am

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