Glencore’s profit soars on commodities rebound
A surge in commodity prices combined with its multibillion-dollar asset fire-sale has put the company in a position to pay big dividends and explore acquisitions.
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World’s deepest mine gets $1 billion injection
Work on AngloGold Ashanti's Mponeng gold mine in South Africa started in 1981 – a brownfield expansion project will extend the mine's life beyond 2050.
Toyota’s new technology a blow for platinum, palladium price
World's top carmaker says first vehicles using new catalyst technology that reduces PGM loads by 20% will leave assembly line later this year.
BHP has lost 41,000 tonnes of copper due to strike at Escondida
The company is reviewing its copper output guidance for 2017 as industrial action at its largest copper mine enters its third week Thursday.
Caterpillar touts automation solutions as top miners swing back to profit
The world's No.1 heavy machinery maker is telling miners not to rest on their laurels now that the industry is finally coming back up from a brutal downturn and keep focused on maximizing returns and efficiency.
Iron ore sharp recovery helps Fortescue nearly quadruple profit
The world's fourth largest miner of the steelmaking ingredient said it also benefitted from declining costs.
Gold falls as investors await rate-hike clues
Ahead of the minutes from the Federal Reserve’s most recent policy-setting meeting.
Anglo American not selling assets any more as it returns to profit
The world's number five diversified miner posted its first annual net profit in five years.
Global steel production is surging in 2017
Up 7% year on year across all regions, supporting rally in iron ore and rebound in coking coal prices.
