MINING.COM

Vedanta wins bid to buy bankrupt Electrosteel Steels

The transaction, financial details of which were not disclosed, is part of India's new bankruptcy law.

Reuters | April 1, 2018 | 9:38 am

Indonesia coal miner Bumi posts record profit, sees 10 pct output rise

Bumi expects coal prices to increase by 5 percent this year over last year's level of $58 per tonne.

Reuters | April 1, 2018 | 8:11 am

China steel, coking coal jump on Handan curbs, short covering

Shanghai rebar surges 4.4 pct after Handan steel, coking cuts.

Reuters | March 30, 2018 | 8:20 am

Britain’s Vedanta hit by up to $600 mln charge for Goa iron ore unit closure

The latest ban would affect not only Vedanta but also several small unlisted companies run by local families.

Reuters | March 29, 2018 | 2:26 pm

Miners ask Congo to introduce sliding royalty scale

The proposal, signed by companies responsible for 85% of the DRC's copper, cobalt and gold output, suggest that sliding royalties will give the government a higher share of revenues.

Cecilia Jamasmie | March 29, 2018 | 6:57 am

Japan’s JXTG raises profit forecast despite $1.2bn charge

The Japanese energy and metals company said the impairment loss at its Caserones copper mine in Chile was due to higher production costs.

Reuters | March 28, 2018 | 3:20 am

Nickel market eyes Philippines as mine review delayed yet again

The review by the Mining Industry Coordinating Council is now set to take six months instead of three, according to the Department of Finance.

Bloomberg News | March 27, 2018 | 11:24 am

Rio Tinto fully out of coal sector with $2.25bn Kestrel mine sale

Company has agreed to sell its 80% stake in the Kestrel mine to a consortium comprising of private equity manager EMR Capital and Indonesian coal company Adaro Energy.

Cecilia Jamasmie | March 27, 2018 | 7:14 am

Vedanta shuts protests-ridden copper smelter in India for 15 days

The maintenance activity, originally scheduled for April, comes amid media reports that thousands had taken to the streets and shut shops in Thootukudi to protest against the expansion of the smelter.

Cecilia Jamasmie | March 27, 2018 | 3:46 am

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Nickel price surges to highest in seven years as supply dwindles

Indonesia plans to ‘hit the brakes’ on raw commodity exports

Family who exited De Beers for $5 billion taps Asia’s rich

India’s gold demand faces slowing savings rate, farm wages risk

Mitsubishi to spend $17.5bn by 2030 to drive decarbonization

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