Sibanye recovers after weather woes
Sibanye-Stillwater’s Queensland operations are back up and running following a period of severe weather in the first quarter of the year.
-
-
Visit: 41
What’s the outlook on mine maintenance spending?
Oxford Economics Australia has released data showing mine maintenance spending may be hitting its peak. But what does it mean for the sector?
-
-
Visit: 35
Element 25’s Butcherbird flies high
Manganese developer Element 25 (E25) will accelerate activities for the planned expansion of its Butcherbird manganese project in Western Australia.
-
-
Visit: 30
Fortescue continues sustainability push
A dual-fuelled ammonia-powered vessel from Fortescue has won the Hydrogen Transport award at the World Hydrogen 2024 Awards.
-
-
Visit: 44
Sibanye seeks to loosen borrowing restrictions as earnings plunge
South African diversified miner Sibanye Stillwater is discussing with lenders to temporarily lift limits on borrowings, it said on Friday, after weak platinum group metal (PGM) prices drove earnings 72% lower in the March quarter.
-
-
Visit: 37
Philippines eyes boost to nickel processing capacity
The Philippines said on Friday it aimed to add three more processing plants in the effort to develop a downstream industry for its abundant nickel resources, after nations such as China and the United States expressed interest in the mining sector.
-
-
Visit: 41
Copper price above $10,000 as supply worries counter faltering demand
Copper climbed above $10,000 a ton as predictions for tighter global supplies and rising consumption in electric vehicles and power grids countered signs of demand destruction in top user China.
-
-
Visit: 41
Miners seek exemption from Canadian tax hike to save equity deals
Canada’s mining industry is pushing for an carveout to the federal government’s proposed increase to capital gains taxes, warning the hike will make it harder for junior miners to raise money to find new mineral deposits.
-
-
Visit: 38
Iron ore price hits more than 2-week low on rising inventory
Iron ore futures fell to their lowest in more than two weeks, pressured by an inventory accumulation at Chinese ports and caution about demand outlook, but property support measures in China lent some support.
-
-
Visit: 45
Chile copper output edges down in March
Copper output in Chile, the world’s largest producer of the metal, edged down in March, data from copper commission Cochilco showed on Friday, as production slid at state-run miner Codelco but rose at other major mines in the country.
-
-
Visit: 38
Anglo American’s South Africa investors open to improved BHP bid
Anglo American’s key South African shareholders are open to a takeover offer from BHP, with some advocating for an additional cash component to the bid, the Financial Times reported on Thursday.
-
-
Visit: 34
Savannah could request compulsory land acquisitions for Portuguese lithium project
London-based Savannah Resources will if necessary ask Portugal’s government to authorize compulsory land acquisitions for its planned lithium mines in the country’s north, CEO Emanuel Proenca said, adding that it prefers “friendly deals”.
-
-
Visit: 17
BHP-Anglo American deal raises alarm in Japan’s steel industry
Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a takeover of Anglo American.
-
-
Visit: 26
Nutrien beats quarterly profit estimates on robust North America demand
Nutrien, the world’s biggest fertilizer producer, beat first-quarter profit estimates on Wednesday, on strong demand for crop nutrients from North America owing to early planting and lower inventory.
-
-
Visit: 33
India considers incentives for lithium processing
India is considering offering incentives to encourage private companies to set up lithium processing facilities, as New Delhi tries to develop its nascent lithium mining and boost supplies of the EV battery metal, three government sources said.
-
-
Visit: 15
Panama president-elect rules out First Quantum talks until arbitration dropped
Panama’s president-elect has ruled out talks with Canadian miner First Quantum Minerals until it drops multiple arbitration proceedings it has launched seeking billions of dollars in compensation from the government over a mine shutdown order.
-
-
Visit: 20
Nippon Steel sticks to plan to close US Steel deal by year-end
Japan’s top steelmaker, Nippon Steel, is sticking to its plan to close a deal by year-end to buy US Steel, which it expects to boost output and profits, the company said on Thursday, despite resistance to the transaction in the US.
-
-
Visit: 18
Anglo American’s South Africa investors open to improved BHP bid
Anglo American’s key South African shareholders are open to a takeover offer from BHP, with some advocating for an additional cash component to the bid, the Financial Times reported on Thursday.
-
-
Visit: 18
Savannah could request compulsory land acquisitions for Portuguese lithium project
London-based Savannah Resources will if necessary ask Portugal’s government to authorize compulsory land acquisitions for its planned lithium mines in the country’s north, CEO Emanuel Proenca said, adding that it prefers “friendly deals”.
-
-
Visit: 15
BHP-Anglo American deal raises alarm in Japan’s steel industry
Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a takeover of Anglo American.
-
-
Visit: 28
Montage Gold receives environmental OK for Koné project
Africa-focused Montage Gold announced Thursday it has received a ministerial order granting all environmental approvals for the development of its Koné project in Côte d’Ivoire.
-
-
Visit: 31
Nutrien beats quarterly profit estimates on robust North America demand
Nutrien, the world’s biggest fertilizer producer, beat first-quarter profit estimates on Wednesday, on strong demand for crop nutrients from North America owing to early planting and lower inventory.
-
-
Visit: 15
Botswana vows to protect interests in potential BHP-Anglo deal
Botswana President Mokgweetsi Masisi vowed to protect the country’s interests, including its 15% stake in diamond giant De Beers, should BHP Group Ltd. acquire Anglo American Plc.
-
-
Visit: 15
Lower energy prices help Aurubis’ first-half profit
Europe’s largest copper producer Aurubis AG reported first-half core profit above expectations on Wednesday, helped by lower electricity and gas prices.
-
-
Visit: 42
Critical minerals targeted as Australia boosts resource hunt
Australia will spend A$566 million ($373 million) over the coming decade to map out resource deposits with a focus on reserves of critical minerals, which are vital for high-tech manufacturing and the green-energy transition.
-
-
Visit: 53