Newcrest Mining cuts dividend, posts profit drop amid lower output

Australia's biggest gold miner said underlying profit came in at $872 million for the year ended June compared with $1.16 billion a year earlier.

Reuters | August 18, 2022 | 4:07 pm

BHP sees copper market “take-off” by mid-2020s “if not earlier”

Top miner sees up to 4 million tonnes of copper lost to depletion, falling grades by 2030 and a “timid” industry not committing to new projects.

Frik Els | August 18, 2022 | 10:13 am

BHP announces changes to executive leadership team

Edgar Basto will be appointed Chief Operating Officer and Geraldine Slattery as President, Australia.

Staff Writer | August 18, 2022 | 6:00 am

NRW Holdings says MACA rebuffs $260m buyout offer

Australian mining services provider plans to proceed with a proposal from rival contractor Thiess.

Reuters | August 18, 2022 | 4:47 am

Australian firm prepares to build Brazil’s first southern phosphate mine

The Brazilian arm of Aguia Resources hopes to complete building the first phosphate mine in Southern Brazil by late 2023.

Reuters | August 17, 2022 | 1:22 pm

Why BHP reckons China’s economy is poised to improve

China’s infrastructure and automotive sectors are “already responding to policy support,” although a rebound in housing activity is expected to take longer, the producer said.

Bloomberg News | August 16, 2022 | 12:53 pm

BHP hits profit record and sees demand healing in China

The world's largest miner by market value said coal and copper prices have risen in the recent months due to tight supply and geopolitical tensions.

Bloomberg News | August 15, 2022 | 3:41 pm

OZ Minerals gets final nod for key copper-nickel project

West Musgrave was on track for a final investment decision in the current half of 2022.

Reuters | August 15, 2022 | 10:19 am

Turquoise Hill rejects Rio Tinto’s $2.7 billion takeover offer

Decision blocks Rio Tinto’s efforts to gain greater control of the giant Oyu Tolgoi copper-gold mine in Mongolia.

Cecilia Jamasmie | August 15, 2022 | 3:40 am

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