The niobium and phosphates division, which consists of mines, plants, processing facilities, chemical complexes and deposits, was one of Anglo’s more profitable businesses.
Copper Mining News
Barrick Gold has reduced its debt load, reshuffle management and sold several assets.
Adrian Day shares his initial thoughts on the deal.
While the province says the proposed ruling will cut red tape, environmental groups claim it doesn't do enough to prevent mining on privately protected lands.
The company, which is the US biggest miner by market value, is cutting 25% of its workforce to reduce debt.
Canada’s largest diversified miner logged a 38% increased in overall profit for the first quarter of the year.
The world's largest gold producer, reported a quarterly loss, compared with a year-earlier profit, as asset sales impacted production and realized gold prices fell.
Jinfeng produced 149,655 ounces of gold in 2015 and is expected to generate 95,000-105,000 ounces of gold this year.
100% ownership in the upper zone of the Timok project in Serbia was created by the consolidation of these two companies.
Despite the dilemmas in recent years, which continue to persist, emerging trends in the mining industry may offer solutions — or at least opportunities for improvement industry-wide.
Most shareholders hope that Catherine Raw persuades management to stop prizing output over profitability and, instead, place more emphasis on investors’ returns.
Freeport McMoRan Inc. is considering selling a minority stake in its portfolio of copper mines, sources familiar with the matter said, one of the options on the table as the company scrambles to slash its $20-billion (U.S.) debt load.
"It is not clear at this time that the current prices are either sustainable or sufficient".
It was just over a year ago that Tony Simon, President of Seguro Consulting, brought to our attention the initial problem of the zombie miners (definition referred to mining exploration companies that had negative working capital and therefore did not meet the Continuous Listing Requirements (CLR) for the TSX and TSX-V stock exchanges).
Mick Davis's private equity firm not on shortlist featuring Vale, Mosaic and Eurochem for $1.5 billion phosphate and niobium operations in South America.
Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.
Full voting results will be released on Friday.
The gold and copper miner didn’t specified where the alleged misconduct took place.
Sibanye is not exclusively looking at buying gold assets; it is also considering platinum, coal, uranium and base metals mines.
Documentary focuses on how Chinese mining company Myanmar Wanbao is changing and speaking the new language of a changing Myanmar.
The world's No. 2 iron ore miner has cut its production guidance for 2017 by as much as 20 million tonnes.
Rebuilding team for NICO development as public highway to Whati & cobalt market advance
Chile's Codelco said that it loses about 1,500 tonnes of copper output for each day El Teniente mine remains inactive.
The company has removed its massive gold and copper project Peru from its list of reserves in its annual filing with the U.S. Securities and Exchange Commission (SEC).
Operations at two of the world's largest copper mines have been suspended following a weekend deluge in central Chile.