French steel firm Ascometal attracts four bidders – unions

Liberty House, Schmolz + Bickenbach and Spain's Sidenor submitted offers by a Monday deadline, while an unnamed party submitted a letter of intention.

Reuters | December 19, 2017 | 9:38 am

Threat of strikes looms large for copper supply in 2018: Andy Home

Strikes and slashed funds at South American copper operations could be an early sign of what is likely to be a defining feature of the market next year.

Reuters | December 19, 2017 | 9:30 am

India’s Tata Steel board approves up to $2 bln rights issue

The company's Kalinganagar plant will be expanded by 5 million tonnes per annum (tpa) to 8 million tpa, entailing a total investment of 235 billion rupees.

Reuters | December 19, 2017 | 9:04 am

Acacia to sell Burkina Faso asset for $45 m to Canada’s Sandstorm Gold

The deal is expected to close early in the first quarter of 2018.

Reuters | December 19, 2017 | 8:56 am

Dalian iron ore, coking coal extend gains even as steel retreats

Iron ore futures in China rose for a second session on Tuesday, supported by demand from steel producers for high-grade raw material to boost productivity.

Reuters | December 19, 2017 | 8:47 am

BHP says likely to quit global coal lobby group

BHP said it would seek responses from the World Coal Association over policy differences before making a final decision on whether to quit in March 2018.

Reuters | December 19, 2017 | 8:28 am

Vale says won’t pay bonuses to striking Mozambique mine workers

The global miner said on Monday it would not pay bonuses demanded by its workers in what it called an illegal strike at the Moatize coal plant in Mozambique.

Reuters | December 18, 2017 | 3:48 pm

Russia’s Nornickel opens $2.5 bln credit line for refinancing

The proceeds will be used for refinancing existing debt, financing capital expenditure and general corporate purposes.

Reuters | December 18, 2017 | 8:58 am

Gold miner Avocet to sell Burkina Faso assets

The sale is part of a larger restructuring involving Avocet's overdue loans totaling $28.7 million.

Reuters | December 18, 2017 | 8:52 am

ArcelorMittal South Africa paying first fine instalment in parts

ArcelorMittal South Africa, which has agreed to pay a 1.5 billion rand ($116.85 million) fine for colluding to fix steel prices in five instalments.

Reuters | December 18, 2017 | 8:42 am

First Quantum buys option for stake in Northern Dynasty project

Northern Dynasty Minerals, owner of the Pebble copper-gold project in Alaska, said rival First Quantum Minerals acquired the option to buy half of the project for $1.50 billion.

Reuters | December 18, 2017 | 8:30 am

Rio Tinto to retrofit Pilbara trucks for autonomous handling

Mining giant Rio Tinto Ltd said it plans to expand its fleet of autonomous trucks operating in Australia’s Pilbara iron-ore region, part of a cost-cutting program across its operations.

Reuters | December 17, 2017 | 5:40 pm

• First
• 906
• 907
• 908
• 909
• 910
• 911
• 912
• Last