August 8, 2019

Barrick said to weigh sale of Tongon mine amid asset disposals

Barrick is separately working with advisers at Scotiabank to find a buyer for its Massawa gold project in Senegal.

August 8, 2019

Glencore Zambian unit closes two mine shafts; opposition sees 1,400 job cuts

Glencore's Mopani Copper Mines in Zambia has closed two shafts at its Nkana mine.

August 8, 2019

Glencore and the perils of riding the electric vehicle tiger

The battery metal that was supposed to power Glencore's earnings has rapidly turned into a liability.

August 8, 2019

AngloGold says strong metal prices not helping planned assets sale

The gold producer is selling mines in Argentina, Mali and South Africa to ensure greater management focus and higher returns.

August 7, 2019

BHP to invest $283m in Trinidad and Tobago petroleum project

Total investment in the Ruby Project, in which BHP holds a 68.5% stake, is about $500 million.

August 7, 2019

Zambian court blocks Vedanta’s bid to halt sale of Konkola mine

Vedanta is reviewing the ruling and will then make a decision on its next steps.

August 7, 2019

Cobalt, Africa setbacks shrink Glencore’s first-half profit

Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016.

August 6, 2019

Glencore to shutter giant cobalt and copper mine in Congo

The announcement that Glencore will close its Mutanda mine is expected to come as the company lays out an overhaul of its key African copper and cobalt business.

August 6, 2019

Vedanta to focus on ‘purse strings’ amid aluminum expansion

India’s biggest aluminum producer is prioritizing controlling costs as it embarks on expanding capacity.

August 5, 2019

BHP boosts nickel reserves by 77%, gears up for EV market

After years on the block, BHP declared its nickel business core in May on the back of promising demand expectations from the electric vehicle industry.