Rio Tinto green lights $2.6B Koodaideri iron ore mine investment
Construction will start next year with first production expected in late 2021.
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Anglo CEO says investor confidence returns to South Africa
Anglo American mines platinum, coal, diamonds and iron ore in South Africa.
Mitsubishi Materials says its Indonesia copper smelter declared force majeure on some deliveries
The smelter went into maintenance that was scheduled for about 30 days, but has been extended due to a lack of oxygen supply from a neighboring oxygen plant.
Congo state miner blames foreign investors for underdevelopment
Congo is Africa’s biggest copper producer and the world’s largest source of cobalt.
Lonmin turns first profit in four years ahead of Sibanye takeover
Lonmin also said on Thursday it expects Sibanye's deal to close early next year, but cautioned that some uncertainty still exists over its completion.
India’s Adani says to fully fund its troubled Australia coal project
Taking a big step closer to building the long-touted project that has faced fierce resistance from green groups.
AMT to become first LME ring trader as ferrous liquidity provider
Broker AMT has been appointed by the LME as a liquidity provider for its steel contracts, giving a boost to the market as the first ring trader in that role.
BMW joins project to improve conditions for cobalt mining in Congo
Carmakers seeking to boost sales of electric cars are struggling to get their hands on cobalt, a scarce but vital component in the production of batteries.
Indonesian president calls for Freeport deal to be wrapped up quickly
For Indonesian President Joko Widodo, seeking reelection next year, getting a majority stake in the mine for Indonesia would be a political boon.
