Two months after disappointing the market with its annual results, the world’s second-largest lithium miner said an expansion is faring better than expected and sales probably will beat its forecasts for this year.
Santiago-based Soc. Quimica y Minera…
Lithium giant lifts outlook with 2018 fizzle in rear-view mirror Read More »
Chevron Corp will acquire Anadarko Petroleum Corp for $65 a share, the company said in a statement. Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share. Chevron will issue 200-million shares and pay $8…
Chevron to acquire Anadarko for $33bn in stock, cash Read More »
Chevron Corp will acquire Anadarko Petroleum Corp for $65 a share, the company said in a statement. Anadarko shareholders will receive 0.3869 shares of Chevron and $16.25 in cash for each Anadarko share. Chevron will issue 200-million shares and pay $8…
Chevron to acquire Anadarko for $33bn in stock, cash Read More »
After months of being ignored in favor of market darling palladium, platinum is finally getting some attention from investors. The metal, which is mostly used to make jewelry and reduce emissions from car exhausts, is trading near the highest since May…
Platinum edges out of the doldrums at last as labour threat looms Read More »
Barrick Gold could find itself partially liable for $600-million in additional debt if some Newmont Mining bondholders have their way.
The creditors are trying to block an amendment Newmont is seeking for a large tranche of notes associated with its o…
Newmont bondholder revolt may put Barrick on hook for debt Read More »
Sasol appointed Sipho Nkosi to its board and said the former coal-industry executive will become chairperson in November when Dr Mandla Gantsho steps down. The change of leadership comes during a vital year for Sasol, as the South African fuel and chem…
Sasol names Sipho Nkosi as next chairperson Read More »
Zimbabwe’s currency reforms have not gone far enough and complete liberalization is needed to end a critical shortage of foreign exchange that is hampering business, senior executives from the nation’s mining industry said. The southern African country…
Zimbabwe’s currency reforms aren’t sufficient, miners say Read More »
Zimbabwe has signed an agreement with Russia to build a new platinum mine in the southern African country, finalising a deal that’s stalled since 2014.
A deal to develop a new platinum-group metals mine on a prospect held by Great Dyke Investment, a c…
Zimbabwe, Russia finalise deal for $4bn platinum mine Read More »
Treasury Secretary Steven Mnuchin said that Russian billionaire Oleg Deripaska and his family together own less than a majority of shares in United Co. Rusal, the world’s second-largest aluminum producer, after a settlement to get the company out from …
Mnuchin says Deripaska and family are minority Rusal owners Read More »
Anglo American will scrap its next big copper project if studies indicate the plan could harm nearby glaciers or there’s major opposition from local communities in Chile, a top executive says.
The London-based company will file for environmental appro…
Anglo American vows to scrap $3bn copper plan if opposition soars Read More »
