MINING.COM

Miners rich in cash are aiming for fat dividends, debt payments

The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.

Bloomberg News | February 21, 2018 | 4:35 am

BHP sees faster shale sale in race to exit $10 billion unit

The company expects initial bids for the assets in the June quarter, according to a statement Tuesday.

Bloomberg News | February 20, 2018 | 11:12 am

BHP boss pay cut by almost 25% after worker’s death, runaway train

BHP CEO will meet with activist Elliott to discuss demands

BHP’s first-half results missed analysts’ expectations and the shares fell 4.6 percent, on pace for the biggest daily drop since April.

Bloomberg News | February 20, 2018 | 11:11 am

AngloGold flags annual earnings slump on lower sales

AngloGold to revive Ghana mine that battled illegal miners

Obuasi is expected to start gold production by the third quarter of 2019.

Bloomberg News | February 20, 2018 | 5:57 am

BHP rebuffs Elliott as first-half profit hits three-year high

The New-York based fund argues an overhaul could add more than $22 billion in value for shareholders and wants BHP to conduct an independent study.

Bloomberg News | February 20, 2018 | 2:00 am

Mining companies are suddenly positive on South Africa again

Signs of thaw in South Africa mine fight as Ramaphosa starts

SA mining companies agreed to postpone a legal challenge to the government’s new industry rules after Ramaphosa said he’s committed to finding a solution.

Bloomberg News | February 19, 2018 | 11:46 am

Congo just gave the cobalt price another big boost

Glencore, Randgold form group to challenge Congo law changes

Glencore and Randgold are clubbing together in a bid to stop sweeping legal reforms, claiming their interests were poorly served by the industry body.

Bloomberg News | February 19, 2018 | 11:38 am

This coal miner shows limits of Trump’s bid to rescue industry

To understand the big challenge facing U.S. coal miners, look no further than Cloud Peak Energy Inc.

Bloomberg News | February 16, 2018 | 3:29 pm

US Commerce Department proposes hefty import curbs on steel, aluminum

Some U.S. lawmakers and steel and aluminum users have urged caution in any restrictions to avoid disruptions or price spikes in the raw materials.

Bloomberg News | February 16, 2018 | 3:25 pm

Sweden hunts for cobalt as electrical vehicle race boosts demand

Sweden will step up efforts to find precious minerals such as cobalt and lithium, key battery components that are in demand among makers of EVs.

Bloomberg News | February 16, 2018 | 11:40 am

Deripaska takes on Potanin as mining tycoons battle in court

Three billionaires faced off in London court on Friday in a conflict triggered by Roman Abramovich’s desire to sell his stake in MMC Norilsk Nickel PJSC.

Bloomberg News | February 16, 2018 | 11:33 am

Gold shines as traders count down to ‘critical’ CPI, Dalio buys

Bullion advances for a third day, dollar sags before U.S. data.

Bloomberg News | February 14, 2018 | 4:52 am

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