Anglo American ‘shows off’ — doubles profits, halves debt, pays highest divvy in a decade
Company became the latest top miner to report soaring profits, hefty dividends and lighter debt burden.
Cecilia Jamasmie , Editor-in-Chief
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Canada the world’s overall top mining destination, despite Saskatchewan fall
That's considering the combined rankings of all its provinces and territories, but Finland is the most attractive jurisdiction this year.
Cash-rich global miners eye India as coal sector opens up for private firms
India’s decision to allow private and foreign companies to bid for coal mines without any end-use or price restrictions is likely to lure foreign mining giants, currently swimming in cash.
Apple in talks to buy cobalt directly from miners — report
Electronics and car makers are racing to lock in supply agreements for cobalt amid fears of shortage.
Glencore gives investors $2.9bn in dividends after ‘strongest’ results ever
The Swiss miner and commodities trader Glencore said its solid finances will let it to pursue more acquisitions if opportunities arise.
NovaGold up on better-than-expected drilling results for Alaska mega-project
Mineralized intercepts encountered higher grades than predicted by previous modeling, said the project owners NovaGold and Barrick.
Toyota to make cheaper electric motors by halving use of rare earths
Asia’s No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world’s most powerful batteries for electric vehicles.
Acacia Mining admits in talks with Chinese over potential sale of Tanzania assets
Tanzania's top gold producer said in conversations with potential investors over a stake in some or all of its operations in the East African nation.
Japan’s Mitsui wants more of Chile’s Collahuasi copper mine, but none of Los Pelambres
Mitsui’s investments in Chile’s copper industry date back to the 1990s and it now has minority interests in a number of the country’s leading mines.
Vale’s iron ore output hit record high in 2017
Output of the steelmaking material reached 366.5 million tonnes last year, boosted by record high productionat Vale's northern system, which composed of its Carajás, Serra Leste and the massive S11D mine.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
