Gold miners are forging ahead with mergers and acquisitions, taking advantage of an investor flight to the haven during the coronavirus crisis.
Despite the logistical problems the pandemic has created — both for operations and for arranging face-to-f…
Physically distancing CEOs buck M&A slump with pandemic gold deals Read More »
Impala Asset Management has become the second investor in a month to go public about efforts to pressure Canadian miner Teck Resources into ousting its longstanding CEO.
The Connecticut firm, founded by industry veteran Bob Bishop, said it sent a let…
Bishop’s Impala Asset Management joins campaign to oust CEO of Teck Read More »
Almost 90 workers at Russia’s largest gold mine, operated by Polyus, have contracted the coronavirus, according to the public health agency.
The miners’ unit at the Siberian province of Krasnoyarsk recorded 82 new cases of the deadly virus in the past…
Coronavirus sickens almost 90 at biggest Russian gold mine Read More »
Mine developers scrambling to fund projects to meet forecast demand for battery metals see the threat of looming supply crunches as a trigger for electric-vehicle makers to step in with investments.
An already tough environment to raise project financ…
Carmakers urged to invest in mines to avoid battery metal pinch Read More »
ArcelorMittal withdrew its closely watched global steel guidance because of the coronavirus pandemic, but sounded a relatively upbeat tone as lockdown restrictions start to ease.
While ArcelorMittal likened the suddenness of the virus impact to the gl…
ArcelorMittal sees signs of virus low point as lockdowns ease Read More »
For more than two decades, Zimbabwe has been trying to break ground on a giant coal-power complex by the world’s biggest man-made reservoir. China just agreed to get the $4.2-billion project underway.
The development near the southern shore of Lake Ka…
China is virtually alone in backing Africa’s coal projects Read More »
Anglo American plans to exit its South African thermal coal business within the next three years by spinning off the unit as the miner accelerates its retreat from the dirtiest fuel. Anglo has been increasingly vocal on its plans to stop mining thermal…
Anglo American working towards demerger of South African coal assets Read More »
South Africa’s Rand Refinery is restarting its gold smelting plant as the country gradually relaxes a national lockdown, further easing physical supply disruptions caused by the pandemic. Rand Refinery, Africa’s only refiner accredited with the London …
Rand Refinery restarts smelter after Covid-19 lockdown Read More »
Capitalworks Investment Partners plans to invest R5-billion of newly raised cash in mid-sized South African companies hit by a shrinking local economy and the coronavirus pandemic. The firm raised 25% more than planned for its Private Equity Fund III f…
Morgan Stanley-backed fund to buy virus-hit South African firms Read More »
Stimulus loans meant to help small businesses hurt by the coronavirus pandemic are being doled out to coal companies, stoking criticism from environmentalists that the Trump administration is using the aid to help a preferred industry that was already …
Coal snags $31m in US stimulus loans for small business Read More »
