MINING.COM

Hedge fund bet on Glencore backfires with $100m loss

London hedge fund giant Lansdowne Partners lost a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise.

Reuters | November 17, 2017 | 9:37 am

BHP to exit shale within two years, sell nickel assets

“We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.

Cecilia Jamasmie | November 16, 2017 | 3:57 am

Former Xstrata CEO Mick Davis may become Rio Tinto new chairman

The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.

Cecilia Jamasmie | November 14, 2017 | 3:47 am

Russia bets on hungry China with $6bn fertilizer mines

EuroChem Group AG spending over $6bn on two mines to produce potash, a mineral found deep in the Earth that’s prized for its ability as soil fertilizer.

Bloomberg News | November 8, 2017 | 1:15 pm

Rio Tinto joins race for stake in world’s largest lithium miner

Mining giant is eying the 32% interest in SQM that PotashCorp is selling to fulfill China's regulators condition for the approval of the its friendly merger with smaller rival Agrium.

Cecilia Jamasmie | November 8, 2017 | 8:26 am

Canadian junior miners worth jumps for second year in a row

Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole.

Cecilia Jamasmie | November 6, 2017 | 10:25 am

Sirius Minerals lands major Asian deal

The London-listed company sealed a 7-year commercial deal with Wilmar Group.

Valentina Ruiz Leotaud | October 26, 2017 | 6:43 pm

Nexans to power the world’s largest potash mine

French firm has secured an eight-year contract to provide power cable and support services for the Mosaic K3 potash mine in Canada.

Nexan | October 17, 2017 | 3:07 am

Clean mining project shortlisted for $950 million Canadian gov’t funding

The CLEER (Clean, Low-energy, Effective, Engaged and Remediated) project focuses on water use, energy intensity and environmental footprint, with aggressive targets of a 50% reduction in each area by 2027.

Cecilia Jamasmie | October 11, 2017 | 8:05 am

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