The first half of 2020 has tested society to its limits, Anglo American CEO Mark Cutifani said on Monday, when the company reported 39%-lower $3.4-billion half-year earnings before interest tax depreciation and amortisation (Ebitda). The interim divide…
Operational agility underpins Anglo’s $3.4-bn half-year earnings Read More »
The first half of 2020 has tested society to its limits, Anglo American CEO Mark Cutifani said on Monday, when the company reported 39%-lower $3.4-billion half-year earnings before interest, taxes, depreciation and amortisation (Ebitda).
The interim d…
Operational agility underpins Anglo’s $3.4bn half-year earnings Read More »
Electronics, automation and robotics company ABB is partnering with zinc, copper and lead miner Nexa Resources in a digital transformation programme to modernise existing mining and smelting process installations in Brazil and Peru.
Aligned with Nexa’…
Nexa Resources appoints ABB for automation systems Read More »
Higher gold and silver prices, along with higher volumes of zinc and lead sold, contributed in a 5.3% year-on-year increase in Mexico-based precious metal miner Fresnillo’s revenue to $1.12-billion for the six months ended June 30.
The miner has decla…
Fresnillo reports rise in profitability, despite Covid-19 impact Read More »
Canadian mining company Ivanhoe Mines says it has had and continues to have strategic discussions regarding its Western Forelands project, in the Democratic Republic of the Congo (DRC), and its Platreef project, in South Africa. The company points out …
Ivanhoe in talks over Platreef, Western Forelands projects Read More »
Six Canadian mining companies have made the global top 40 list, reporting a net profit margin of 19%, compared with an average of 9% for world’s 40 biggest miners, consultancy PricewaterhouseCoopers (PwC) reports.
Gold miners dominate Canada’s presen…
Six Canadian miners among PwC Top 40 list Read More »
Diversified miner South32 has reported an increase in alumina and metallurgical coal production during the fourth quarter ended June, along with silver and lead production, while production for all other commodities were down on the previous quarter.
…
South32 reports mixed bag Read More »
Diversified miner Anglo American has acted with resilience in the face of the global Covid-19 pandemic, which has affected many of its operations in different countries, with some commodities being affected more significantly than others, CEO Mark Cuti…
Mining production decreased by 29.8% year-on-year in May, as a result of the lockdown restrictions in South Africa.
This follows April’s (revised) unprecedented plunge of 50.3% year-on-year, says Investec, with restrictions on production, global grow…
Mining output down nearly 30% y/y, but up by 44% m/m in May Read More »
Diversified miner Anglo American CE Mark Cutifani has called for a society-wide response to the global Covid-19 crisis and says the miner is committed to global tax and the Extractive Industries Transparency Initiative (EITI).
In its Tax and Economic …
Anglo American calls for cooperative response in trying times Read More »
