MINING.COM

These are some of the top mining assets on the block

Big mining companies, restored to health following the 2015-16 price crash, are seeking to rationalize their portfolios and acquire assets in line with heightened focus on the best quality minerals and anticipated demand for battery materials.

Reuters | January 23, 2018 | 5:34 am

Copper price falls on worst global factory data since 2012

Aurubis buys Codelco’s shares in Deutsche Giessdraht

The parties have agreed not to release the transaction price.

Reuters | January 22, 2018 | 6:43 pm

U.S. Commerce Dept confirms sent Trump aluminum probe results

The Commerce Department confirmed it submitted results of national security investigation into aluminum imports that could lead to broad import restrictions.

Reuters | January 22, 2018 | 11:44 am

Chinalco sees tenfold surge in profits

Aluminum Corp of China, the country's biggest state-run aluminium firm, says 2017 profits rise more than tenfold, without providing a profit figure.

Reuters | January 22, 2018 | 11:23 am

South African miner Lonmin says licence not at risk after ministry warning

Impairment drives Lonmin deeper into loss ahead of takeover

Lonmin announced $1.1bn impairment charge due to weaker platinum prices and a firmer rand, plunging it deeper into operating losses.

Reuters | January 22, 2018 | 11:08 am

Turkey plans to produce 100 tonnes of gold annually in 5 yrs

Turkish gold imports hit record 370 T in 2017-Borsa Istanbul

This was the highest level of imports since the data was made available in 1995 and well above the previous record of 302 tonnes set in 2013.

Reuters | January 19, 2018 | 12:36 pm

Asia Gold-Demand firms ahead of Chinese New Year; India discounts widen

"Demand has actually increased on the physical side, mainly because there has been some pull-back in prices this week," said a GoldSilver Central dealer.

Reuters | January 19, 2018 | 12:30 pm

Russia’s Polyus launches $250m bond offering

The offering is for senior unsecured guaranteed convertible bonds with maturity of January 2021, expected to carry a coupon of between .5 and 1 pct per annum.

Reuters | January 19, 2018 | 12:19 pm

Union at Colombia’s Cerrejon to hear wage offer before possible strike vote

"We will meet with the company... after a request from them to present a new offer, the fourth in this negotiation," said the Sintracarbon union president.

Reuters | January 19, 2018 | 12:09 pm