Mining giant posts 90% increase in profit amid what CEO Jean-Sébastien Jacques calls “resilient” commodity prices.
Coal Mining News
Two employees were trapped underground and later died in a fall of ground incident at the company's Kloof gold mine.
Cyril Ramaphosa isn’t even president yet and mining companies are already changing their tune on South Africa.
President and chief operating officer Mike Frasersaid company has received a number of offers for the assets, which it up for sale in November last year as part of a shift away from coal.
3D printing, also known as additive manufacturing, is a process of making three-dimensional solid objects from a digital file and Sandvik wants to use it for scale production.
Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio’s upcoming annual general meeting.
Randgold boosted divvy to $2 a share, after a year of record production and soaring profits, but warned the good times may be over soon as it’s now facing demanding new regulations in Congo, one of its key jurisdictions.
So far, repeal of the Clean Power Plan has not really equated with putting coal miners back to work, something Trump has pledged to do again and again.
Mining and metal companies are rediscovering the downside of rallying prices: higher costs.
“The environment for investing in commodities is the best since 2004-2008” – Goldman Sachs
The halcyon days of coal trading seem to be over as buying and selling of the world’s most widely used power-plant fuel plunged last year.
Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year.
Elman, 77, has watched another global commodity-trading powerhouse collapse before his eyes over the past year: his own.
The miner's autonomous haulage system (AHS) fleet has already moved over one billion tonnes of ore and waste material within the Pilbara region of Western Australia.
The appeal against the terminal at Fraser Surrey Docks was made by two community groups backed by Ecojustice last week.
Cerrejon accounts for 37% of the country's coal output, the world's fifth-largest exporter of the mineral, and a strike is likely to affect exports.
Last year, the miner sold other coal assets that exclusively supplied South Africa’s power utility Eskom, including New Vaal, New Denmark and Kriel collieries.
RBCT, Africa's largest coal export facility, said it aimed to export at least 77 million tonnes this year.
A 10-day voting period for union members to decide whether to stop work after failed talks ends on Monday afternoon.
This comes a week after the miner reported a "significant pressure" event at the mine.
The company beat expectations on Thursday with a 5% increase in 2017 production.
The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.
SEC will push ahead with the prosecution of the company, former chief executive Tom Albanese and ex-chief financial officer Guy Elliott over alleged attempts to cover up multi-billion losses on a coal investment in Africa.
Big mining companies, restored to health following the 2015-16 price crash, are seeking to rationalize their portfolios and acquire assets in line with heightened focus on the best quality minerals and anticipated demand for battery materials.
The company reported a "significant pressure event" at its Elkview coal mine.