Fortescue Metals half-year profit plunges 44%

Fortescue Metals was hit by weak prices for its lower quality iron ore, and said it remains focused on cutting costs, including lining up cheaper debt.

Tanzania's new mining rules impose restrictions on foreign banks, insurers

Tanzania is seeking to take more of the profits from its vast mineral resources by overhauling the fiscal and regulatory regime of its mining sector.

Mongolia says can build power plant to supply Oyu Tolgoi mine

Tensions have mounted between the Mongolian government and its fellow shareholders in Oyu Tolgoi, where Rio Tinto is operating a huge underground extension.

Eramet eyes expansion in electric vehicle metals

Eramet is actively looking at acquisition targets after previously acquiring a lithium deposit in Argentina.

Randgold looks to the Americas in quest to diversify

Flush with cash, Randgold is on the hunt for gold mines outside Africa.

Congo's Kabila yet to sign new mining code as deadline nears

The President has 15 days from the time parliament sends him the bill to either sign it into law or return it to parliament for further deliberation. If he takes no action, the bill automatically becomes law.

Colombia coal output down slightly in 2017 to 89.4 million tonnes

The biggest players in Colombia's coal industry are Drummond Co, Glencore Plc, Murray Energy Corp's Colombia Natural Resources, and Cerrejon.

Russia's Prokhorov sells 6 pct stake in Rusal to Vekselberg

The sale will close a chapter at the world's second largest aluminium producer.

Co-owners of Russia's Nornickel back in fight for control

Nornickel, a $33 billion mining company, competes with Brazil's Vale SA for the rank of the world's top nickel producer.

Congo's cobalt hopes risk the same ruinous road as Thai rice: Russell

The DRC's attempts to extract more from cobalt will unleash a wave of unintended consequences, none of which will be positive for the government in Kinshasa.

Australian Mines signs off-take deal with Korea's SK Innovation

Australian Mines said the agreement included an option for SK Innovation to buy up to 19.9% of its ordinary shares.

Petra Diamonds' first-half core earnings fall 8%

Petra was hurt mainly by a strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania.

Amplats announces first dividend in 7 years, plans no big projects this year

Amplats' investment stance highlights the fragile state of platinum mining in South Africa.

Indonesia hands Freeport, Amman, quota for 2018 copper exports

Freeport McMoRan Inc was issued a quota to export 1,247,866 wet metric tonnes (wmt) of copper concentrate up to Feb 15, 2019.

Mosaic says quarterly revenue rises 12 pct

Company said rising potash and phosphate prices boosted net sales.

US seeks to boost output of 35 minerals, reduce import reliance

The administration wants to identify new domestic sources of critical minerals and increase domestic exploration, mining and recycling.

Mining sector unloved as investors find it hard to trust

Data shows that two years after the worst of the raw materials slump is over, investors are still not ready to pour in fresh funds despite a price rally.

COLUMN-Ghost stocks are still haunting the LME's aluminium contract: Andy Home

London Metal Exchange (LME) stocks of aluminium have surged by almost a quarter of a million tonnes over the last five days.

Australian gold miner Newcrest says profit slides on output disruptions

On Thursday, Newcrest reported a 58% fall in half-year underlying profit, due to disruptions such as an earthquake hitting one of its key sites in 2017.

Russia's Polyus 2017 adjusted net profit up 7%

Polyus saw rising sales last year and expects to both invest and produce more in 2018, aiming to up production at its new Natalka gold deposit.

Freeport, Amman awaiting green light on 2018 Indonesia copper exports

Freeport's export permit for Grasberg, the world's second-biggest copper mine, is due to expire on Friday, as is Amman's permit to ship ore concentrate from its Batu Hijau mine on the island of Sumbawa.

Barrick Gold earnings in line with forecasts, output seen falling

Barrick, the world's biggest gold producer, said it expects to produce between 4.5 million and 5 million ounces of gold this year.

Platinum market set for another surplus in 2018 — Johnson Matthey

Platinum demand fell nearly 7 percent last year, with sharp falls seen in Japanese investment and Chinese jewellery buying as well as a slowdown in consumption by carmakers, who use the metal in catalytic converters.

Trump weighs tariffs, quotas on U.S. steel, aluminum imports

Some lawmakers urged him to save steel and aluminum producers in their states, but others urged caution because higher prices would hurt manufacturers.

Global thermal coal market to grow 5% in 2018

The chief coal analyst at Noble Resources said on Tuesday that imports to India will rise after falling in the last two years.