Kumba Iron Ore hikes interim dividend after earnings jump
Johannesburg-listed Kumba reported a jump in diluted headline earnings per share of 178% for the six months ended on June 30.
Johannesburg-listed Kumba reported a jump in diluted headline earnings per share of 178% for the six months ended on June 30.
Court has revived case over collapse of the Fundao dam, owned by the Samarco venture between BHP and Vale.
The top-five western diversified miners may have earned a combined $85 billion for the first half of the year, according to analyst estimates, more than double the level from a year ago.
Expanded use of energy-efficient fuels across the corporate transport fleet is among the top priorities in improving the environmental profile of its production activities, the company said.
Without enough upside momentum to chase, investors have been selling gold on balance since soon after the FOMC.
MINING.COM’s ranking of the world’s 50 most valuable mining stocks marched to a new high of $1.47 trillion at the end of the second quarter.
A settlement would replace a giant lawsuit, removing a considerable legal overhang for Samarco and its shareholders.
The project would allow operations at the massive Yanacocha gold mine in northern Peru’s Cajamarca region to continue beyond 2040.
The project encompasses a former producing mine north of Stewart in British Columbia’s Golden Triangle.
Sibanye-Stillwater has elected not to exercise its right to take up 51% ownership of the project.