Canadian miner Teck Resources, the world’s second-biggest exporter of steelmaking coal, reported a better-than-expected quarterly profit on Monday, boosted by its energy business and a slight increase in commodity prices.
The miner said even though co…
Teck Resources beats profit estimates on energy business Read More »
Congo-Brazzaville shipped its first iron-ore exports on Friday ahead of an expected boom in production from mines owned by Congolese billionaire Paul Obambi’s Sapro and Swiss commodities giant Glencore. Sapro mined the oil-dependent Central African cou…
Congo-Brazzaville ships first iron ore ahead of expected production boom Read More »
Congo-Brazzaville shipped its first iron-ore exports on Friday ahead of an expected boom in production from mines owned by Congolese billionaire Paul Obambi’s Sapro and Swiss commodities giant Glencore. Sapro mined the oil-dependent Central African cou…
Congo-Brazzaville ships first iron-ore ahead of expected production boom Read More »
South Africa’s government has had to bring forward the bailout of state power firm Eskom, after it rushed R5-billion to the struggling utility earlier this month to avert a default and said more cash could be needed soon. Eskom supplies more than 90% o…
South Africa brings forward Eskom bailout to avert default Read More »
JXTG Holdings, a Japanese oil refiner and miner, on Monday declined to comment on a media report that it is exploring the sale of its majority-owned Caserones copper mine in Chile.
The Wall Street Journal said on Friday that JXTG is exploring the sale…
JXTG declines to comment on Caserones copper mine sale report Read More »
Chile’s Cochilco State copper commission on Thursday held its estimate for the price of copper at $3.05/lb, rising slightly to $3.08 for 2020 on improving prospects for growth in China.
Cochilco said it saw production in Chile, the world´s top copper …
Cochilco holds 2019 copper forecast at $3.05/lb Read More »
The London Metal Exchange is poised to deal with a loophole in its warehousing rules, exposed after commodity trader Glencore bought large amounts of aluminium earlier this year, sources familiar with the matter said. But the exchange will have to wait…
LME ready to address flaws in its metal storage rules Read More »
Canadian miner Sherritt International will not be materially impacted by the Trump administration’s decision to allow lawsuits in US courts against foreign firms in Cuba, the Canadian mining firm said on Wednesday.
The Trump administration will allow …
Sherritt sees no impact as Trump lifts ban on lawsuits against foreign firms in Cuba Read More »
The global fight against climate change will boost demand for copper, a key metal used in the production of electric vehicles, Antofagasta chairperson Jean-Paul Luksic said on Wednesday.
Luksic, speaking to reporters at Antofagasta’s Los Pelambres min…
Green economy good news for copper producers – Antofagasta chairman Read More »
Zimbabwe will in coming weeks name two new investors who will develop separate platinum mining projects west of the capital as the country ramps up mining output in an attempt to ease a severe dollar shortage, the mines minister said on Wednesday The s…
Zimbabwe attracts two new investors to develop platinum mining projects Read More »
