February 22, 2018

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.

February 21, 2018

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.

February 21, 2018

Miners rich in cash are aiming for fat dividends, debt payments

The mining industry is awash with cash, and so far it’s got two main uses — pay down debt and reward investors.

February 21, 2018

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.

February 20, 2018

BHP CEO will meet with activist Elliott to discuss demands

BHP’s first-half results missed analysts’ expectations and the shares fell 4.6 percent, on pace for the biggest daily drop since April.

February 20, 2018

Mongolia says can build power plant to supply Oyu Tolgoi mine

Tensions have mounted between the Mongolian government and its fellow shareholders in Oyu Tolgoi, where Rio Tinto is operating a huge underground extension.

February 20, 2018

BHP rebuffs Elliott as first-half profit hits three-year high

The New-York based fund argues an overhaul could add more than $22 billion in value for shareholders and wants BHP to conduct an independent study.

February 19, 2018

Colombia coal output down slightly in 2017 to 89.4 million tonnes

The biggest players in Colombia's coal industry are Drummond Co, Glencore Plc, Murray Energy Corp's Colombia Natural Resources, and Cerrejon.

February 19, 2018

Mining M&A jumps to 4-year high – expect more in 2018

New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."

February 18, 2018

Moody’s bullish on base metals, US steel

Base metals should continue to do well in 2018 along with the US steel industry, though American coal will continue to lose ground to natural gas.