February 20, 2019

Mining companies operating in Sub-Saharan Africa should invest in renewable energy — report

According to Fitch Solutions, off-grid mines could benefit from reducing their dependency on diesel while taking advantage of the region's favourable climate conditions.

February 19, 2019

Australia’s Fortescue logs 5% drop in H1 profit as demand weakens

The company declared an interim dividend of A$0.19 per share and a special dividend of A$0.11 per share.

February 19, 2019

China steel futures extend gains, iron ore ends flat

Iron ore continues to influence the ferrous complex, steel prices reflect the rising cost of iron ore and producers are passing it on to the consumers.

February 19, 2019

Dry bulk market prospects worsen after Brazil dam disaster-shipper Golden Ocean

The final effect on seaborne volumes is yet to be seen, but it is likely that an expected increase in exports from Brazil for 2019 will instead be a small…

February 19, 2019

The United States’ aluminium tariff wall is crumbling

Aluminium associations the world over are calling for a refocus on China's massive production and export capacity.

February 19, 2019

South Africa’s Kumba Iron Ore 2018 headline earnings edge lower

"While challenges are part of the uncertain environment that we operate in... we have the right strategy and teams in place to create sustainable shareholder value."

February 19, 2019

BHP can’t rescue iron ore market after Brazil dam disaster

'We don’t see the case for any major investment in iron ore' - Mackenzie

February 19, 2019

BHP urges miners to create global body to oversee tailings dams

CEO Andrew Mackenzie said it was too early to say what impact the recent Vale tailings dam disaster will have on efforts to restart BHP and Vale's jointly owned Samarco…

February 18, 2019

Brazil bans upstream mining dams after Vale’s latest disaster

All so-called upstream dams need to be decommissioned or removed by August, 2021, according to a resolution the National Mining Agency published on Monday.

February 18, 2019

How South African mines cope with power cuts

The utility gives the industry notice to reduce their power consumption by 15–20% when the national grid is at its tightest.