Mining giant BHP Group urged shareholders on Thursday to vote against a resolution that would require the company to quit industry groups that lobby for policies inconsistent with the Paris climate change agreement.
Several BHP shareholders, including…
BHP urges investors to veto resolution against coal lobbying Read More »
Russia has launched the third export line at its largest coal terminal in the Far East region, loading the first cargo for Indian company JSW Steel, Vostochny Port said on Thursday.
Russia and India are forging closer ties amid chilling relations bet…
Russia expands its largest coal port, sends cargo to India Read More »
Glencore’s penchant for risk has long been mining industry lore, but the company is quickly expanding into a part of the world that would have been improbable just a few years ago: Minnesota.
The Swiss-based commodity trader took majority control last…
Glencore’s risk appetite dwindles, fueling focus on safer regions Read More »
South Africa’s Impala Platinum Holdings (Implats) on Thursday said it swung into an annual profit boosted by higher sales, gains in rhodium and palladium prices, and improved performance at its Rustenburg operations. The platinum miner reported headlin…
Implats swings to full-year profit Read More »
Malaysia announced on Thursday it has finalized new operating procedures for bauxite mining and export activities based on an earlier draft proposal after discussions with various stakeholders including miners and green groups.
The new operating proce…
Malaysia firms up bauxite mining, export operating procedures Read More »
Mantos Copper said on Wednesday that it had clinched $250-million in financing to extend the life of its Mantos Blancos copper mine in northern Chile.
The financing, gathered from several sources, will fund a project aimed at allowing the mine to oper…
Mantos Copper clinches $250m in financing for northern Chile mine Read More »
Cash-strapped power utility Eskom could be forced to shut some plants if it fails to reduce emissions, its COO warned on Wednesday, raising the spectre of further blackouts. The potential closures, which Jan Oberholzer said could cut a tenth of the sta…
Eskom faces emissions violations, could shut plants Read More »
Several BHP Group shareholders, including the Church of England pension fund, are recommending the company suspend its membership in industry groups that advocate for policies inconsistent with the Paris climate change agreement.
The resolution was fi…
BHP investors file resolution to cut funding for Australian coal lobby groups Read More »
Russia’s largest gold producer Polyus is sticking to its mid-term goal of raising its free float to 25% to 30%, CEO Pavel Grachev said on Wednesday.
Grachev also said that Polyus was on track to produce 2.8-million troy ounces of gold and allocate $72…
Russia’s Polyus: raising free float remains mid-term goal Read More »
Indonesia’s ban on nickel ore exports could boost the country’s earnings from the metal five-fold in the next five years through growth in industries such as stainless steel and battery materials, a minister said on Wednesday.
In a move that threaten…
Indonesia sees surge in nickel-related exports after ore export ban Read More »
