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Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on...
Iron-ore tumbled following a five-day run of gains as China’s markets reopened, with investors weighing prospects for near-term steel demand in the world’s largest importer. Futures dropped from...
Restructuring pundit KordaMentha said on Monday that it had been appointed as receivers and managers of each of the companies that fall under the Elmore umbrella. Elmore is an ASX-listed contract...
Brazilian miner Vale is expected to hike its provisions after BHP Group flagged a $3.2-billion impairment related to the failure of a dam operated by their joint venture Samarco, analysts said....
The European Investment Bank (EIB) said it’s in talks to loan South Africa money to upgrade its port and freight-rail infrastructure as its first contribution to a decarbonization pact known as the...
Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining...
A self-driving train derailed at Rio Tinto's iron-ore operations in Western Australia, the world's biggest iron-ore miner said on Tuesday. A Rio Tinto spokesperson said the derailment involving an...
As the global steel industry moves to decarbonise, iron-ore miner Magnetite Mines has partnered with Port Pirie to position the South Australian port as a future green iron production hub. Green...
Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council...
The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in...
Brazilian miner Vale and newcomer Hydnum Steel have signed a memorandum of understanding to study building an iron-ore briquette plant at Hydnum Steel's first factory in Spain, which will be...
Australia’s two biggest iron-ore producers and its biggest steelmaker have announced a partnership to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the...
Anglo American subsidiary Kumba Iron Ore CE Mpumi Zikalala has reiterated that State-owned Transnet’s rail performance challenges have placed so much pressure on Kumba’s value chain that the...
Diversified miner Anglo American’s production for the fourth quarter ended December 31, 2023, was in line with expectations and in line with production in the third quarter, despite the deliberate...
An Aboriginal group from Western Australia's iron ore producing region will inspect an important cultural site in the coming days after it received a notice from Rio Tinto of possible damage, the...
Emerging African iron-ore producer Genmin on Wednesday kicked off a fundraising for about A$28.4-million to advance its Baniaka project, in Gabon. This comes as the company was recently awarded a...
Africa is going to have a huge amount to do to help solve the world’s climate change problems, Toronto-listed Ivanhoe Mines executive chairperson Robert Friedland emphasised in his far-reaching...
Good governance and sustainable development are at the core of diversified global natural resources and technology conglomerate Vedanta Group's strategy, with a strong focus on health, safety and...
Diversified miner Anglo American’s Minas-Rio iron-ore and Barro Alto nickel mines, in Brazil, have been assessed against the Initiative for Responsible Mining Assurance's (IRMA’s) comprehensive...
Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because...
JSE-listed Sable Exploration and Mining’s subsidiary Sable Platinum Holdings (SPH) and IPace on February 2 entered into a term sheet for additional funding of R1-million payable by SPH for a dense...
Anglo American’s boss said he’s the best person to reshape the century-old miner — if needed — as slumping commodity prices pressure its sprawling operations and spark murmurs about activist...
Unionised employees at the Bloom Lake mine, in Canada, have rejected Champion Iron’s proposed terms towards a new collective bargaining agreement (CBA) and voted in favour of a strike action...
Multinational mining company Anglo American is focusing on partnerships with its host nations to grow the mining industry and remain resilient through disruptions, said CEO Duncan Wanblad during...
In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt...
Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso has urged President Cyril Ramaphosa to show a clear commitment to the hard work of reform implementation during his...
Guinea’s National Transition Council approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and the government that seeks to develop the world’s biggest untapped iron...
Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate...
Former Northern Territory chief Minister Michael Gunner has resigned from Fortescue Future Industries (FFI), citing personal reasons. Announcing his decision, Gunner said that working for the...
Graeme Hunt, a former BHP iron-ore president, has been appointed chairperson of ASX-listed Akora Resources with effect from February 1. MD and CEO Paul Bibby says Hunt’s extensive iron-ore...
Canadian iron-ore mining company Champion Iron on Tuesday announced a final investment decision (FID) for its direct reduction pellet feed (DRPF) project at the Bloom Lake iron-ore complex, in...
Nigeria plans to offer investors at least a 75% stake in a proposed solid minerals corporation, a minister said on Tuesday, as lawmakers draft legislation to create the new state-backed firm to...
Coal mining company Ndalamo Resources is actively exploring opportunities in renewable energy and other minerals, paving the way for a diversified and resilient future. Ndalamo CEO Shammy Luvhengo...
The world's largest steelmaker China Baowu Steel Group has raised ten-billion yuan ($1.4-billion) from a bond issue, in part for the giant Simandou iron-ore project in Guinea, it said on Monday....
Investors were swift to dump debt of Braskem after the Brazilian petrochemicals maker’s salt mine partially collapsed in December — a situation that has forced tens of thousands to evacuate the...
Vale's iron-ore production grew 4.3% in 2023, topping the Brazilian miner's estimate for the year, while shipments of the commodity fell slightly, the company said on Monday. The firm produced...
State-owned rail and port operator Transnet could, potentially, show significant improvement this year compared with last year’s dismal performance, says transport economist and macrologistics...
Brazilian President Luiz Inacio Lula da Silva has not sought to influence who will be chief executive of major mining company Vale, a senior official said on Friday, after recent reports suggesting...
South Africa-founded and Johannesburg- and London-listed Anglo American on Friday announced the launch of a research and development project in collaboration with one of China’s largest battery and...
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