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.
Latest Stories
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.
Dunnedin acquires MPD porphyry project
Earlier this week, the company updated readers on its exploration program at the Kahuna kimberlite.
Codelco copper output, profit falls as costs rise
Mine output fell 3 percent in the first nine months of the year as ore grades sharply declined, leading to a 12 percent drop in pretax profit.
Detour Gold denies Paulson’s demand to immediately replace CEO
In a letter to shareholders, Detour said it had "tried hard to settle with Paulson," but was unable to reach an agreement.
Alrosa makes $90m in Israel
The world’s top diamond producer held six auctions this year in the Middle Eastern country.
