Rio Tinto said on Wednesday it has suspended its Weipa bauxite mining operations at the northeastern tip of the country ahead of a cyclone. "Operations have been suspended at Weipa as Cyclone Trevor approaches the coast, as per standard procedures,…
Rio Tinto halts operations at north Australian bauxite mine as cyclone nears Read More »
Japanese trading house Sumitomo Corp said on Wednesday its Ambatovy nickel plant in Madagascar was forced to shut for about two weeks in early February due to trouble at its hydrogen plant, and may miss its revised annual production target. Sumitomo ow…
Sumitomo says Ambatovy nickel plant shut for 2 weeks in February Read More »
Two workers died in an accident at Glencore’s Zambian operation Mopani Copper Mines (MCM) on Tuesday, prompting it to suspend production pending investigations, the company said. "All operations at the South Ore Body (shaft) have been suspended unt…
Two killed in accident at Glencore’s Zambian mine Read More »
U.S. hits Venezuela with new sanctions on state-run mining company
US hits Venezuela State miner with new sanctions Read More »
Lawmakers from Poland’s ruling Law and Justice (PiS) party proposed on Tuesday to cut mining tax payments so that major copper producer KGHM could spend more money on investment.
The mining levy, introduced in 2012 and calculated using a formula based…
Ahead of election, Polish lawmakers propose to cut copper tax Read More »
Chilean copper miner Antofagasta announced a higher-than-expected dividend payout on Tuesday and reported a drop in annual core earnings that was in line with analysts’ projections.
The company lowered its final dividend by about 9% to 37c a share fro…
Antofagasta dividend better than expected, profit in line Read More »
A union at Chile’s Sierra Gorda copper mine, controlled by Polish mining company KGHM, could go on strike this week after rejecting the latest offer in contract negotiations, the union leader told Reuters on Monday.
The company still has until the en…
Workers could strike at Chile’s Sierra Gorda copper mine – union Read More »
Russian State-controlled miner Alrosa will assess the quality of Zimbabwe’s diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company’s chief executive said on Monday. Zimbabwe …
Alrosa wants controlling stake to mine in Zimbabwe Read More »
Rio Tinto said on Monday it would recommend that shareholders vote against a resolution requiring the miner to report its direct emissions and those of its customers in greater detail.
In a notice ahead of its annual general meeting in May, Rio said …
Rio asks shareholders to vote against emissions resolution Read More »
Aluminium producer Norsk Hydro said its 2018 underlying earnings before interest and tax fell by 2.15-billion crowns, due to higher raw material costs and reduced operations at Brazil’s Alunorte plant, it said on Friday.
The world’s largest alumina re…
Norsk Hydro says Alunorte problems, higher raw material costs led to earnings fall Read More »
