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."

July 22, 2018

Tariffs removal not needed for E.U., U.S. talks -European Council representative

Contradictory opinions emerging at the G20 Summit.

July 20, 2018

Cleveland-Cliffs EPS jumps 171% in 2Q

U.S. iron ore pellet sales volume expectation to increase to 21 million long tons.

July 19, 2018

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

July 18, 2018

Guinea’s mining minister says there will be Simandou deal, talks go on

Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining […]

July 18, 2018

Iron ore beats back bears as trade fight batters commodities

The commodity’s resilience in recent weeks even as trade tensions flared is a boon for global miners including Rio Tinto Group, BHP Billiton Ltd. and Vale SA, all of which…

July 18, 2018

BHP posts record annual iron ore output, beats Q4 forecasts

Shares in the miner jumped more than 3% after both quarterly and full-year production rose 3% on improved productivity.