Minority shareholders of Brazilian iron-ore miner Vale have enough votes to request that board members be elected independently using a cumulative voting system and not in a single vote approving all names proposed by controlling shareholders, the comp…
Vale shareholders push to loosen company control over board elections Read More »
The country’s sprawling steel sector, which has cut 150 million tonnes of steel production over the past three years, was “far from achieving its tasks” amid Beijing’s supply-side reforms, the association reports.
The post China’s iron and steel association warns on over-capacity, shrinking profits appeared first on MINING.com.
China’s iron and steel association warns on over-capacity, shrinking profits Read More »
Transnet is installing a new iron-ore tippler at the country’s main iron-ore export line in order to sustain its current output of 60-million tonnes a year, officials said on Friday at its Saldanha port terminal. The R3-billion project, which includes …
Transnet installing new tippler to sustain iron-ore exports Read More »
Ferrexpo said on Friday Deloitte had resigned as its auditor with immediate effect, days after the iron-ore miner said some funds of a charity it donates to in the Ukraine could have been "misappropriated". Blooming Land, the charity which coor…
Ferrexpo auditor Deloitte quits as queries remain around charity funds Read More »
Agnico Eagle Mines, the biggest Canada-focused gold miner, reported an 18% decline in first-quarter profit on Thursday on lower gold production as its Meadowbank mine in Canada’s Nunavut territory nears the end of its life.
Even so, the Toronto-based …
Agnico Eagle first-quarter profit falls but beats expectations Read More »
Freeport-McMoRan Inc, the world’s largest publicly traded copper producer, posted a lower-than-expected quarterly profit on Thursday due to slipping production and prices for the red metal.
The results come as the company spends more than $15-billion …
Freeport quarterly profit misses expectations amidst Grasberg expansion Read More »
China’s imports of Australian coking coal nearly doubled in March from a month earlier, customs data showed on Thursday, as a flurry of shipments were accepted after being delayed at customs clearance for more than a month. Arrivals of Australian cokin…
China’s Australian coking coal imports double in March from Feb Read More »
More than 40-million people around the world work in artisanal and small-scale mining where minerals including gold, diamonds and cobalt are dug up often by hand, a report by the World Bank and development organisation Pact said on Wednesday. Increasin…
More than 40m people work in artisanal mining – report Read More »
US-listed gold miner Newmont Goldcorp reported a higher-than-expected quarterly profit on Thursday, as a boost in gold production and lower costs countered lagging gold prices.
Gold production rose nearly 2%to 1.23-million ounces in the quarter, but t…
Newmont Goldcorp profit beats on higher production as prices fall Read More »
Kaz Minerals said on Thursday its first-quarter copper production rose 4%, boosted by robust volumes at its Aktogay mine in Kazakhstan, while the miner maintained its output forecast for the year.
The company, which in February posted annual copper pr…
Kaz Minerals quarterly copper output rises, maintains full-year outlook Read More »
