Copper frenzy draws mining giants to Argentina after Milei’s reforms
Global mining heavyweights including Lundin Mining Corp., Glencore Plc and First Quantum Minerals Ltd. are piling into Argentina as a new government intent on luring foreign investment propels the companies closer than ever to opening up vast copper deposits in the red-hued Andes.
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No quick end for sale of Teck’s coal unit as mining giant weighs more bids than expected
Mining News Pro - Canada’s Teck Resources is surprised by the global interest in its coal business, suggesting that bidders such as Switzerland’s Glencore will face a highly competitive bidding process whose outcome will not be known quickly.
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Russia uranium deal caused manager exodus at Kazakh mining giant
Mining News Pro - The sale of a stake in a massive new uranium mine to Russia prompted an exodus of senior managers at Kazakhstan’s state-run miner.
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Visit: 211
Russia uranium deal caused manager exodus at Kazakh mining giant
Mining News Pro - The sale of a stake in a massive new uranium mine to Russia prompted an exodus of senior managers at Kazakhstan’s state-run miner.
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Visit: 181
Russia’s mining giants rush to sell metal after LME green light
Mining News Pro - Even before the LME discussions, Nornickel was considering redirecting some sales to the east if needed, Chief Executive Officer Vladimir Potanin said in a Russian TV interview in September.
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Mining giants warn of tougher times as world demand wavers
Mining News Pro - Mining giant BHP Group has joined rival Rio Tinto Group in signaling more turbulence to come for commodities producers as costs balloon and demand for everything from iron ore to copper hits headwinds.
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Mining giant Antofagasta ‘concerned’ by rising political polarization in Chile
Mining News Pro - Chile’s Antofagasta, one of the world’s largest copper producers, said on Saturday it was “concerned” by rising political uncertainty in the Andean country, which is set for a polarized presidential election this weekend.
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Investors pushed mining giants to quit coal. Now it’s backfiring
Mining News Pro - It was supposed to be a big win for climate activists: another of the world’s most powerful mining companies had caved to investor demands that it stop digging up coal.
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Mozambique ruby mining giant hit by virus
Mining News Pro - Mozambique`s Montepuez Ruby Mining said it halted all but vital operations at the mine in the restive province of Cabo Delgado at the end of April because of supply chain restrictions and fears of an outbreak among staff.
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Veteran mining giant recognised with Queen’s Birthday honour
Mining News Pro - Mining magnate Ron Manners has been appointed as an Officer in the General Division of the Order of Australia for his achievements in the mining industry and philanthropy.
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Mining giants urged to ramp up emissions reduction efforts
Mining News Pro - Only two of the 10 largest mining companies are on track to limit climate change to two degrees Celsius, according to research data from the Transition Pathway Initiative (TPI).
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Reeling aluminum market braces for mining giant Alcoa’s outlook
Mining News Pro - With the coronavirus crisis clouding the outlook for almost every industry, the aluminum market is hoping to get at least a glimpse of what’s in store from top US producer Alcoa on Wednesday.
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Platinum mining giant says South Africa running out of time
Mining News Pro - South African President Cyril Ramaphosa may be running out of time to enact the reforms required to attract significant investments in the country’s mining industry.
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Platinum mining giant Sibanye-Stillwater begins business overhaul
Mining News Pro - South Africa’s Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) is planning to acquire 100% of the share capital of Sibanye Gold as part of a necessary restructuring following the company’s recent merger with struggling rival Lonmin.
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Four Canadian mining giants to join Hall of Fame
Mining News Agency - In 2018 the Canadian Mining Hall of Fame will induct four new members to its ranks: Ross J. Beaty, Robert A. Gannicott, A. Terrance MacGibbon and Edward G. ...
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