Antofagasta lifts dividend after better-than-expected 2020

As most majors miners that have reported results this year, Antofagasta delivered a bumper final dividend of 48.5 cents, 52% higher than consensus forecasts.

Cecilia Jamasmie | March 16, 2021 | 4:39 am

Mick Davis launches $300 million battery metals SPAC

Vision Blue has also invested in Ferro-Alloy Resources, which is developing a vanadium project in Kazakhstan.

Cecilia Jamasmie | March 15, 2021 | 8:23 am

Sudan to reopen gold mines once linked to warlord’s family

The North Darfur mines, which once produced a third of the nation’s gold, were handed over to the government in May 2020.

Cecilia Jamasmie | March 15, 2021 | 6:24 am

Fortescue fast-tracks zero emissions target to 2030

The iron ore miner plans to become carbon neutral in nine years and also intends to start producing green hydrogen as soon as 2023.

Cecilia Jamasmie | March 15, 2021 | 3:53 am

Cumbria coal mine on hold after UK Gov’t calls for public inquiry

UK coal mine on hold after gov’t calls for public inquiry

Official review will decide fate of the UK's first deep coal mine in 30 years after government U-turn.

Cecilia Jamasmie | March 12, 2021 | 6:26 am

First Majestic takes foothold in Blackrock Silver

First Majestic buys Nevada gold mine from Sprott

First Majestic is paying $470 million in shares for the Jerritt Canyon mine, plus five million share purchase warrants.

Cecilia Jamasmie | March 12, 2021 | 3:45 am

Glencore chair defends pay plan for commodity trader’s new CEO

Glencore chairman Tony Hayward to step down by 2022

Announcement heralds a changing of the guard at the company, with long-serving chief executive Ivan Glasenberg due to step down in June.

Cecilia Jamasmie | March 11, 2021 | 6:42 am

BHP moves exploration team to Toronto to grow copper, nickel pipeline

The move to Canada’s most populous city is expected to help BHP grow its pipeline of “future-facing” metals projects.

Cecilia Jamasmie | March 11, 2021 | 3:51 am

Danakali looks into solar, wind to power Eritrea potash project

The Australian miner says that both energy sources are viable power alternatives for its 100%-owned Colluli sulphate of potash (SoP) project.

Cecilia Jamasmie | March 10, 2021 | 7:25 am

Petra Diamonds completes restructuring

The diamond miner has concluded a reorganization, aimed at recapitalizing the business.

Cecilia Jamasmie | March 10, 2021 | 6:35 am

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Cecilia Jamasmie , Editor-in-Chief

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