Chile’s State copper miner Codelco has issued 10- and 30-year dollar-denominated bonds, according to IFR, Refinitiv’s capital markets news service, as it seeks to press on with an overhaul of its mines even as a trade war has pummeled copper prices.
T…
Codelco issues 10-yr and 30-yr bonds amid copper price slump Read More »
Eight Canadian energy companies were booted out of the S&P/TSX Composite Index on Monday because their market capitalisation has dropped below minimum requirements, the latest sign of difficulties facing the country’s oil and gas sector.
Analysts…
Eight energy firms dropped from Canada’s main equity index Read More »
Ukraine’s state prosecutor office said on Monday that State Investigation Bureau has called Ferrexpo CEO Kostyantin Zhevago for questioning as a suspect.
"You have to appear on September 27, 2019 at 11.00 … for… questioning as a suspect," …
Ukraine prosecutor calls Ferrexpo CEO for questioning as a suspect Read More »
Mining executives eager to speed US production of lithium and other metals for the burgeoning electric vehicle industry are frustrated that the US Congress has yet to pass legislation designed to streamline mine permitting and fund geological studies, …
Miners push for US Congress to vote on electric vehicle supply chain bills Read More »
Poland’s biggest coal company, State-run PGG, agreed on Monday to spend 44-million zlotys ($11-million) on one-off bonuses for miners this year, its chief executive said after talks with trade unions which demanded more cash as an election looms.
Pres…
Poland’s biggest coal firm to give miners more cash as election looms Read More »
Canada’s First Quantum Minerals said on Monday it had no knowledge of any potential takeover bids but confirmed it was in talks with Jiangxi Copper for a potential sale of a minority interest in its Zambian copper assets. The company’s shares have rise…
First Quantum Minerals denies takeover talks Read More »
BHP Group said on Monday it expects to meet all customer commitments on iron ore shipments, despite maintenance at its Jimblebar and Newman mines in Western Australia.
"There has been a minor impact to production at Newman and Jimblebar due to mai…
BHP expects to meet iron ore commitments despite Jimblebar maintenance Read More »
South Africa’s Association of Mineworkers and Construction Union (AMCU) on Friday re-elected as its president Joseph Mathunjwa, known for his uncompromising stance in bruising strikes on the platinum belt. Mathunjwa, who was elected uncontested at the …
Leader of militant South African mining union re-elected Read More »
SL Mining, a subsidiary of US commodity trader Gerald Group, will suspend iron-ore mining operations in Sierra Leone over a dispute with the government about royalty payments, a company letter seen by Reuters showed on Friday. SL Mining filed for arbit…
Gerald Group unit to suspend iron-ore mining in Sierra Leone Read More »
British commodities tycoon Sanjeev Gupta has injected $150-million into his Australian steel manufacturing business Infrabuild, after plans to list it in the country were put on hold and a debt raising failed to elicit support from investors.
Infrabui…
Metals tycoon Gupta injects $150m into Australian steel unit Read More »
