MINING.COM

Second activist targets Detour; seeks board changes

US hedge fund Livermore Partners is calling for an overhaul of the board at Detour Gold Corp and a strategic review, becoming the second activist to target the Canadian mining company.

Reuters | October 16, 2018 | 11:58 am

Anglo American to restart operations at Minas Rio before year-end

Operations will resume before year end, but a planned ramp-up to 26.5 million tonnes per year is likely to be pushed back to 2021 from 2020.

Cecilia Jamasmie | October 16, 2018 | 11:40 am

How Nigeria can escape the natural-resource curse

Education and health are the way forward for Nigeria.

Bloomberg Opinion | October 16, 2018 | 10:29 am

Dutch battery maker to invest $1.9B in China cell factory

Dutch battery maker Lithium Werks BV, founded earlier this year, is investing 1.6 billion euros ($1.85 billion) in a massive lithium-ion cell factory in China as demand for batteries is surging.

Bloomberg News | October 16, 2018 | 9:59 am

United States seeking Mexican steel export quotas – negotiator

The United States is seeking to impose quotas on Mexican steel exports as part of a negotiation to remove metals tariffs.

Reuters | October 16, 2018 | 9:40 am

Global steel body hikes demand forecasts, but says risks remain

Steel demand expected to rise by 3.9% in 2018, but trade tensions are clouding global economic outlook.

Reuters | October 16, 2018 | 9:21 am

Vale rules out major acquisitions

CEO Fabio Schvartsman said the company would only invest further in nickel if global prices for the metal rise from $13,000 per tonne currently to around $20,000 per tonne.

Cecilia Jamasmie | October 16, 2018 | 9:05 am

Australians find extremely rare mineral in meteorite impact crater

Researchers from Curtin University discovered reidite, one of the rarest minerals on Earth buried deep within an ancient meteorite crater in Western Australia.

Cecilia Jamasmie | October 16, 2018 | 6:44 am