Anglo reinstates dividend, but near-term outlook ‘more uncertain'

Diversified miner Anglo American on Friday announced the reinstatement of a dividend on the back of a strong $4,4-billion half-year operating profit, but cautioned about the near-term outlook for the world economy becoming "more uncertain in...

China’s Hanlong plans to invest $5bn in Australia – Moly Mines

ASX- and TSX-listed base metals miner Moly Mines said on Monday that its largest shareholder, China’s Hanlong Mining, planned to invest some $5-billion in Australia, over the next five years. Moly said that the Chinese firm’s investment would...

Bulk commodities and logistics, raw materials and the steel price, near-mine socioeconomic uplift

State freight logistics group Transnet says it is ready to make “any investment” into capacity to transport bulk mining commodities for which there is a business case and where it is confident that mined product will be available.