Paulson & Co isn’t the only Newmont Mining shareholder that’s expressing concerns over the terms of the gold miner’s $10-billion purchase of Goldcorp.
“I think Paulson has a valid point,” said Joe Foster, a portfolio manager at VanEck – one of the…
VanEck shares Paulson’s concerns on Newmont-Goldcorp merger Read More »
It’s not a great time to be a coal miner, but there’s never been a better time for their shareholders.
US coal companies returned almost $3.7-billion in dividends and buybacks to shareholders in the 12 months through September, and S&P Global Rati…
US coal miners are shoveling more money than ever at investors Read More »
Palladium has been one of the hottest commodities for a while now, but analysts think this year may be the time to book profits. Prices have rallied to fresh records on tighter supplies of the material mainly used in gasoline vehicle autocatalysts. But…
Palladium rally is seen fading this year Read More »
After hitting heavy resistance last year in its search to raise capital, junior miner Bacanora Lithium Plc believes the time is right to resume its hunt.
In July, the London-based company pulled a $100-million share sale designed to finance constructi…
Lithium miner says market fears waning as funding hunt resumes Read More »
The New Development Bank (NDB) plans to lend as much as $780-million to Eskom for infrastructure projects this year as the ailing power utility battles to keep power supply steady. Eskom, which on Wednesday entered a seventh day of controlled power cut…
Brics Bank to lend Eskom up to $780m Read More »
Norsk Hydro is restarting some systems in its extrusion and rolled products areas to ensure deliveries to customers after the Norwegian aluminum maker was hit by a massive ransomware cyber attack.
The company on Wednesday said it had detected the “roo…
Norsk Hydro is restarting some systems as deliveries seen secure Read More »
Ecuador has tethered its economic fortunes to a burgeoning mining industry. Now it just needs to get bureaucrats and community leaders on board.
Local opposition and red tape are hindering plans to become a mining superpower that can rival other Sout…
Ecuador’s mining push in doubt as ‘radical’ foes stall projects Read More »
The world isn’t cutting carbon emissions anywhere near quickly enough, a senior executive at JP Morgan Asset Management told clients this week – and changing that will require far harder choices than most people realise. In his annual ‘Energy Outlook’ …
Climate challenge harder than it seems, JP Morgan executive warns Read More »
Palladium topped $1 600/oz for the first time, and there’s little sign of the rally slowing as global supply tightens. The price of the metal – mainly used in autocatalysts in gasoline vehicles – has almost doubled from a recent low in August. Demand h…
Palladium tops $1 600 as metal sets new highs on supply shortage Read More »
Vale’s shares declined on Monday as the world’s biggest iron-ore producer faces continued backlash from Brazilian authorities after a deadly mining accident in January.
Rio de Janeiro-based Vale was ordered on March 15 to shut its Timbopeba mine in Mi…
Vale dam fallout deepens with mine closure and blocked funds Read More »
