Thyssenkrupp shareholders get impatient for change
Investors becoming impatient with pace of its restructuring, putting pressure on CEO Hiesinger to fix underperforming units and revive flagging share price.
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Peru $2 bn copper mine auction rescheduled for February
Auction for $2 billion Michiquillay copper mine project in Peru was canceled by government of President Pedro Pablo Kuczynski but is now slated for February.
Glencore, Apollo Are said to bid for Rio’s last coal assets
A sale would allow Rio to complete its exit from coal and continue an asset divestment program that has returned more than $7 billion since 2013.
From bitcoin to Trump: mining giants identify 2018’s challenges
In 2017, miners finally got tailwinds from commodities as unsavory supply pressures bolstered prices. What’s ahead for 2018? Bloomberg asked six top execs.
Filipino miners to adopt Canadian sustainability standard
The country will tailor the protocols to reflect the unique aspects of its domestic mining sector.
The Torex saga in Mexico continues: Work contracts ended amid blockade
The suspension is in response to a 40-day long blockade at its El Limón-Guajes gold mine.
Sulphur prices spike, traditional fertilizer makers struggle
Sulphur prices rose to about $110 a tonne this quarter, $36 more than what the product cost last quarter.
20% increase in rough diamond revenue despite waning consumer demand
While long-term diamond demand may be slowing, this year rough-diamond prices experienced positive turn-around and prices of polished diamonds stabilized.
Lithium companies raise US$42 million in October
Gold miners closed $163M, about two-thirds of total money raised in October.