Italy ready for ‘legal battle of century’ with ArcelorMittal
The Italian government will fight ArcelorMittal in the courts if it goes back on a pledge to buy steelmaker Ilva.
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Russia scraps plans to set climate-change goals for businesses
It’s a particular challenge for Russia’s economy, which is heavily dependent on oil and gas production and mining.
Attack near Semafo’s Boungou mine kills 39, wounds 60
An attack earlier this month against workers travelling to Semafo’s Boungou mine in southeastern Burkina Faso left 39 dead and 60 wounded.
Codelco boosts copper output by 7.5% in September, annual production lags
The state miner saw its production in the first nine months of 2019 drop 6.7% versus the previous year.
Iamgold reports ‘solid’ third quarter results, names new president
Operating cash flow increased by 28% over the previous quarter and 354% over the prior-year period.
Barrick’s dividend boost looks like a harbinger for the gold industry
There are certainly reasons for investors to be hopeful.
BHP says it is unaffected by sanctions on China’s COSCO
COSCO operates in multiple segments of the seaborne trade, including container and dry bulk shipping.
Glencore strikes deal with Katanga over $5.8 billion rights issue
Glencore, which owns approximately 86.3% of Katanga, had agreed to swap $5.8 billion in debt for equity, which will raise its stake further in the firm.
BHP’s Australian shareholders vote to stay in coal lobby groups
Only 27% of votes cast at the company’s annual meeting in Sydney were in favour of cutting ties with industry organizations in favour of fossil fuels.