Lundin Mining launches hostile $1.4 bn bid for Nevsun

Lundin Mining Corp launched a hostile takeover bid for fellow Canadian base metals miner Nevsun Resources Ltd on Thursday, saying it had failed to convince Nevsun's board to agree to a friendly deal over the past nine months.

Reuters | July 26, 2018 | 9:37 am

De Beers sizes up Canadian diamond project, first big buy in nearly 2 decades

Anglo American unit De Beers expects its purchase of Canada's Peregrine Diamonds, its first upstream diamond acquisition since 2000, to be completed in a month to six weeks' time.

Reuters | July 26, 2018 | 9:03 am

Lundin Mining CEO Conibear to retire

Canada's Lundin Mining Corp said Chief Executive Officer Paul Conibear is retiring and also reported a 3 percent rise in second-quarter profit on Wednesday.

Reuters | July 25, 2018 | 2:52 pm

Freeport profit jumps, miner flags market jitters over trade rows

Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, reported bigger-than-expected earnings on Wednesday, as production and prices soared above last year.

Reuters | July 25, 2018 | 11:30 am

Japan aluminium industry worried about U.S. automobile import tariffs

U.S. tariffs on auto may hugely impact on Japanese industries.

Reuters | July 25, 2018 | 10:57 am

Base Resources posts record quarterly rutile production in Kenya

Base Titanium posts record quarterly production of the mineral rutile in Kenya.

Reuters | July 25, 2018 | 10:29 am

South African gold producers urge unions to narrow demands as third set of wage talks fail

Four companies are negotiating - Sibanye-Stillwater , Harmony Gold, AngloGold Ashanti and a smaller producer, Village Main Reef- under the auspices of the Minerals Council South Africa industry group.

Reuters | July 25, 2018 | 9:45 am

China’s gold output falls 7.9 pct in H1 -Xinhua

The country is the world's biggest gold producer and gold consumer.

Reuters | July 25, 2018 | 5:40 am

Norsk Hydro eyes restart of Brazil alumina refinery by mid-2019 or earlier

Brazilian authorities ordered Hydro in February to slash output from Alunorte, the world's largest alumina refinery.

Reuters | July 24, 2018 | 9:32 am

Kumba brings in targeted dividend policy, flags SA rail issues

The iron-ore mining company is introducing a targeted dividend ratio policy of 50 to 75% of headline earnings.

Reuters | July 24, 2018 | 8:00 am

India’s Adani sees six-fold rise in coal mining volume despite challenges in Australia

Adani is looking to buy mines in countries such as Indonesia and is securing financing for its Carmichael mine in Australia amid challenges from environmental groups concerned about climate change and potential damage to the Great Barrier Reef.

Reuters | July 24, 2018 | 5:44 am

South Africa’s Harmony says FY output exceeds guidance

South Africa's Harmony Gold said on Monday annual bullion production for 2018 has exceeded its guidance, boosted by its Moab Khotsong operation.

Reuters | July 23, 2018 | 10:53 am

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