Proposed spin-off of Nornickel copper mine may ease dividend talks

Anglo raised the possibility it could start buying assets in SA, the latest sign of how much has changed in two years, when the miner was focused on selling.

Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.

Mining and metal companies are rediscovering the downside of rallying prices: higher costs.

The National Union of Metalworkers of South Africa (Numsa) is demanding that Beatrix gold mine remains closed pending a probe and has asked the South African government to investigate why the operation apparently didn’t have a backup generator.

“The environment for investing in commodities is the best since 2004-2008” – Goldman Sachs

They also claim miner offloaded the asset to avoid paying for environmental damage caused by an accident at its floating dock, which killed six people and dragged vehicles, equipment and large amounts of iron ore into the Amazon River.

Originally there were more than 1,000 miners stuck underground, but sixty-four were rescued overnight.

Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.

The UK-based research and consultancy group has dropped its price forecast to $63 a tonne or 12% below last year's average of $71 per tonne.