Buybacks and bumper profits on the cards as mining giants report
Big mining has remained stubbornly focused on shareholder returns, rather than spending on acquisitions and big-ticket projects.
Latest Stories
Grasberg hasn’t received new copper export permit
Indonesia forecast copper concentrate exports to drop to 200,000 tonnes in 2019 from about 1.2 million tonnes last year.
Australian mine to host first of its kind clean energy storage facility
Terramin's Angas zinc mine will host a 5 MW Advanced Compressed Air Energy Storage facility.
Zimbabwean rescuers pull 22 bodies from mine, eight more found alive
The government declared the accident a disaster.
Recommissioned Aussie mine dispatches first nickel concentrate shipment to China
Panoramic Resources' first shipment from the Savannah mine contained 7,735 wmt of nickel/copper/cobalt concentrate valued in approximately $6.1 million.
Scientists take a look inside rare wire gold specimen
Known as the Ram's Horn, the sample is so rare that it has been impossible to cut into it or analyze it with x-rays.
Vale evacuates 200 people from town near its Mar Azul mine
The tailings dam at the iron ore mine is inactive so the miner said the evacuation is precautionary.
IBM steps up efforts to help miners improve health and safety records
The company is working with several wearable technology providers so companies can monitor biometric and environmental data to identify whether employees are experiencing dangers or risk, beyond a equipment failure.
Fire shuts down Vale’s Malaysia distribution center
The majority of material from the Malaysian distribution center is Brazilian Blend fines destined for China.
