MINING.COM

Aurubis lowers outlook on slower economy, shares slump

Aurubis now expects operating pretax earnings in its fiscal 2018/19 to decrease by more than 15% compared to the previous year.

Reuters | April 26, 2019 | 9:42 am

BIV - clean energy shift a plus for mining - think tank

Going Dutch on clean energy? Polluters push for state to split the bill

It is an example of how big companies in the Netherlands and beyond are putting forward their own plans to reduce emissions as they look to ward off the carbon taxes they fear will hammer their businesses.

Reuters | April 26, 2019 | 9:26 am

Output at South Africa’s Amplats hit by Eskom power cuts

Power cuts implemented by Eskom, which supplies more than 90 percent of electricity in Africa's most advanced economy, pose a threat to miners.

Reuters | April 25, 2019 | 11:11 am

Lucara finds largest uncut diamond in recent history in Botswana mine

The 1,758-carat diamond is larger than a tennis ball and weighs close to 352 grams (12.42 ounces).

Reuters | April 25, 2019 | 10:19 am

Simandou iron ore mine developers risk penalties if timeline missed, Guinea says

Brazilian miner Vale files $2B lawsuit over Guinea project

The arbitration case stemmed from a dispute between Vale and BSG Resources Ltd over a joint venture to develop the Simandou mine.

Reuters | April 25, 2019 | 10:09 am

S. Africa competition tribunal OKs Sibanye acquisition of Lonmin

Africa’s Sibanye-Stillwater lowers valuation for miner Lonmin

Sibanye-Stillwater has revised its offer for Lonmin, with new terms that gave a valuation for the struggling platinum miner that was about $77m less than originally proposed.

Reuters | April 25, 2019 | 10:00 am

Russia’s Alrosa expects drop in 2019 sales as demand falters from China

Alrosa's sales in the first quarter fell 38 percent from a year earlier to $988 million.

Reuters | April 25, 2019 | 9:53 am

Freeport shares drop after quarterly profit misses expectations

The Phoenix-based company posted first quarter net income of $31m, compared with net income of $692m in the year-ago quarter.

Reuters | April 25, 2019 | 9:41 am

Newmont Goldcorp profit beats on higher production as prices fall

Chief Executive Gary Goldberg said on an analyst call the combined company is targeting production of 6 million to 7 million ounces of gold annually.

Reuters | April 25, 2019 | 9:22 am

Tanzania gives Acacia to March 30 to stop water pollution at Mara or face shutdown

Acacia Mining core profit slumps as Tanzanian troubles bite

Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania.

Reuters | April 25, 2019 | 9:11 am

China’s Australian coking coal imports double in March from Feb

Arrivals of Australian coking coal were at 2.23 million tonnes last month, up 92% from 1.16 million tonnes in February.

Reuters | April 25, 2019 | 9:06 am

Tesla reports first-quarter losses, more to come

Tesla Inc on Wednesday reported a $700 million loss for the first quarter and said it would also lose money in the second.

Reuters | April 24, 2019 | 4:06 pm

First

Last

Posts by Reuters: