LATEST Mineweb  

Premier mining and commodity investment news

Coal will be around for a long time yet

At least 100 years, provided mines clean up their act.

Anglo plans $1bn buyback after bumper iron ore profit

Earnings from the iron ore unit quadrupled to $2.04bn.

Anglo American to use only renewable energy in Chile by 2021

Miner says deal will reduce its emissions of carbon dioxide by more than 70%.

Kumba increases earnings by 239%

High iron ore prices and strict cost control see profit increase by a massive R10bn in six months.

Zambia presses on with liquidating Vedanta unit assets despite ruling

An earlier ruling halted the liquidation of Vedanta's KCM unit.

Oil slips to around $63 as Iran concerns fade for now

The United States is threatening to cut off Iran's oil exports, but concerns simmer for now.

Big oil’s dealmaking CEO spends billions to ride out turmoil

Patrick Pouyanne took the helm at Total in 2015, just as a global oil slump hit.

Investors cautious after Kumba Iron Ore’s first half earnings triple

Higher iron ore prices and a weaker rand/dollar exchange rate boosts earnings.

Court grants urgent interdict halting disposal of Vedanta unit assets

Vedanta welcomes the court's decision and says it commits to resolving the dispute.

Amplats continues on the path to recovery

Interims show the ongoing success of its restructuring since the dark days of 2015 when the platinum group posted huge losses.

Amplats cash pile doubles as higher prices boost profit

Half-year earnings more than doubled.

Coal’s demise quickens in Europe as market shift idles plants

The shift in Europe is part of a global trend.

Barrick and Acacia reach buyout deal, ending long standoff

Barrick to buy the roughly 36% stake in Acacia it doesn’t already own.

Iran seizes foreign tanker, US vows to protect vital Gulf waterway

Oil prices rose after news of the seizure amid rising tensions between Tehran and the West.

Platinum giants eye Sibanye’s gold mining deal as wage yardstick

Sibanye Gold’s agreement, to increase worker pay by 5.5%, is viewed as a good proxy for possibilities in the platinum industry.



Follow us:

Search Articles:Advanced Search
Click a Company: