Kumba Iron Ore pays out cash and invests in Sishen mine after strong profits Company reported a 40% jump in annual profit, driven by a surge in prices of the steel-making raw material and a weaker rand exchange rate. Reuters | February 23, 2021 | 8:21 am
Harmony Gold first-half profit soars; reinstates dividend Company posted a more than three-fold rise in first-half profit and reinstated its dividend, following a surge in gold prices. Reuters | February 23, 2021 | 8:15 am
Codelco says copper price spike will bolster war chest, raise costs Codelco vice president of sales said the growing expectations would likely spur goods and service providers to hike prices. Reuters | February 23, 2021 | 8:10 am
Former Australian PM Turnbull joins Fortescue’s green unit Malcolm Turnbull, who served as prime minister from 2015 to 2018, will head Fortescue Future Industries starting this month. Reuters | February 23, 2021 | 8:01 am
Mexican president pressures Canadian miner in simmering tax dispute He appeared to be referring to First Majestic Silver, which operates the San Dimas silver and gold mine in Tayoltita. Reuters | February 22, 2021 | 4:41 pm
Peru presidential candidate fires warning to mining companies over copper Yohny Lescano said if elected he would look to make the state the ultimate owner of resources in the copper-rich Andean country. Reuters | February 22, 2021 | 2:38 pm
Czech Republic to file legal action against Poland over Turow mine The expansion of the mine has upset environmental groups as well as Czech residents. Reuters | February 22, 2021 | 10:56 am
Wild ride as tin tips towards scarcity pricing LME three-month tin hit its own 10-year high of $27,000 a tonne on Monday morning. Reuters | February 22, 2021 | 8:23 am
Amplats to raise output after high metals prices boost profit The company said it plans to increase output of platinum group metals from 3 million ounces to 3.6 million ounces by 2030. Reuters | February 22, 2021 | 8:10 am
AngloGold Ashanti boosts dividend five-fold on gold price boom The Johannesburg-listed miner declared a full-year dividend of 7.05 rand per share, more than five times the 2019 dividend when translated into US cents. Reuters | February 22, 2021 | 8:05 am
Chile files arbitration suit against Albemarle over lithium royalties Chile accuses Albemarle of allegedly underpaying royalties on its sales. Reuters | February 21, 2021 | 9:05 am
Three people die in partial collapse of Nornickel’s Arctic processing plant The plant located in Arctic Siberia partially collapsed during maintenance. Reuters | February 21, 2021 | 8:50 am