Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.
Nickel Mining News
The new head of the environment office, Roy Cimatu, has however said he believed it was possible to balance mining and natural resources protection.
Whether we’re discussing the ancient merchants that traversed the legendary Silk Road, or the transfer of goods across modern border lines, trade has always been about building close relationships.
Congress decision puts and end to a 10-month tenure during which Regina Lopez ordered the closure of more than half the country's mines and banned open-pit mining.
Canada-based nickel miner Sherritt (TSX:S) has struck a deal with its partners at the Ambatovy nickel operation in Madagascar, allowing the company to eliminate $1.4 billion in debt.
Entrepreneur, financier and company-maker.
The Russian miner wants to recover $271 million it lost when a state-backed company failed to complete the acquisition of a 50% stake in its Nkomati mine in South Africa.
Prohibition only affects planned mines, not the ones currently in operations, but it will take effect immediately.
Net income totalled $2.5 billion, compared with profit of $525 million in the prior three months and almost $1.8 billion a year earlier.
New World Bank outlook for commodities predict 32% price jump for zinc and 18% for copper and lead, but outlook for nickel price in 2017 is murky.
The miner said decision was unrelated to Elliott Management's call earlier this month to unlock shareholder value by spinning off about $22 billion of BHP's US oil assets.
Both iron ore and diamond output rose in the first quarter thanks to a continued ramping-up of the company's Minas Rio mine in Brazil and improvements in the gem market.
Production of the steelmaking raw material jumped 11% to 86.2 million tonnes in the January-March period, compared to the same quarter a year earlier.
The Indonesian unit is now in the process of obtaining a full export permit.
Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.
Mineralization was discovered at La Niquelina in 1944, with modest production from a small underground mine in the early 1950's.
Precious metals expert Michael Ballanger explains why he believes base metals are overbought and precious metals, especially silver, are set to appreciate.
Combined worth of $842 billion with 20% gains so far in 2017.
Fabio Schvartsman will lead the transition of the world’s largest iron ore miner into a new shareholding structure.
There are three key components to building a mine, starting with a competent, experienced management team.
The most exciting news from a mining exploration stock is a high-grade drilling result.
Denver is the global capital of private capital raising for investment in the metals and mining sector.
Joint venture will focus on nickel assets, particularly the Quebec-based Dumont project, which is expected to become the world's fifth largest nickel sulphide mine.
"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.
Every four years, the American Society of Civil Engineers (ASCE) releases its report card on the condition of America’s infrastructure, and for the second time since 2013, our nation’s roads, bridges, waterways, airports and more scored a barely-passing D+.