August 1, 2018 Rio Tinto down despite $7.2bn cash return to investors Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.
July 31, 2018 BHP, Rio deals show lack of options beyond shareholder returns: Russell BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the…
July 30, 2018 Caterpillar says tariffs will wipe out up to $200M Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.
July 29, 2018 Environmentalists worried about prospecting in New Zealand’s South Island The government lifted a moratorium for prospecting permits on 7,828 square kilometres on the northern part of the South Island.
July 27, 2018 Will BHP’s CEO follow Top Miner’s shale unit out of the door? BHP Billiton Ltd.’s $10.8 billion of deals to exit its troubled U.S. shale unit will allow Chief Executive Officer Andrew Mackenzie to shower investors with returns. It may also be…
July 27, 2018 Chinese investors plan $10 bn metallurgical complex in South Africa South Africa's President Cyril Ramaphosa on investment drive.
July 24, 2018 Kumba brings in targeted dividend policy, flags SA rail issues The iron-ore mining company is introducing a targeted dividend ratio policy of 50 to 75% of headline earnings.
July 24, 2018 Canada scaring mining investors with long, unclear permit processes Study released Tuesday by the Fraser Institute, British Columbia, Ontario and Quebec are the three main provinces where exploration permit processes have grown longer and less transparent over the past…
July 23, 2018 BHP to fight class action over Samarco dam failure Law firm leading the action says it has more than 3,000 investors signed up to pursue the miner for losses.
July 23, 2018 Debt financing doubles "Not a typical financing vehicle for non-revenue generating exploration companies."
Copper price nears $13,000 on tariffs woes, supply strain Mine outages, tariff risks and tight supply push copper toward a milestone despite weakening Chinese demand. December 29, 2025 | 05:51 am