One asset leads South African miner’s growth in Q1-2018
Kumba Iron Ore reported a 4 per cent increase in overall production in the first quarter that ended March 31, 2018.
Latest Stories
Increased production at Chinese domestic coal mines lead to decline in thermal coal prices
Since a price ceiling was imposed at China’s main coal import harbour Qinhuangdao in mid-February, seaborne prices for coal have started to decline.
Namibia may scrap black ownership requirements for mining companies – minister
Namibia may scrap requirements for black ownership in mining as it seeks to woo investors to an industry that is rebounding with the commodities cycle.
After weeks of chaos, US throws aluminum industry lifeline
“The US government is not targeting the hardworking people who depend on Rusal and its subsidiaries,” Treasury Secretary Steven Mnuchin said.
Canada’s Teck Resources profit rises on higher sales volumes
Teck, which also mines copper, zinc and gold, said adjusted profit attributable to shareholders rose to C$753 million.
Chile’s Copec to buy stake in copper project in Peru
Mina Justa, which is expected to require investment of around $1.6 billion, is due to begin construction in the second half of 2018.
Philippines’ top nickel miner keeps sales guidance despite govt curbs
The Philippines' top nickel ore producer, Nickel Asia Corp, said its export plans in 2018 remain unchanged despite government plans to limit mining areas.
South Africa’s mines minister to challenge court ruling on black ownership threshold
The appeal will add a layer of uncertainty to a sector battered for years by depressed prices, soaring costs and opaque policies.
Cuba sees 2018 nickel plus cobalt output topping 50,000 tonnes
The country was ranked 10th in world nickel production in 2016 and sixth in cobalt.