South African miner Assore reports profit fall on stronger rand
Assore reported a 1.9 percent fall in annual profit on Thursday as a strong rand currency offset favourable commodity prices and higher sales.
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Norsk Hydro working to convince Brazil to resume full output at Alunorte refinery
Hydro was ordered to slash output by half at Alunorte after the company admitted to making unlicensed emissions of untreated water during severe rains.
Rusal’s August aluminium exports up 7 percent from July – Ifax
MOSCOW, Sept 6 (Reuters) – Russian aluminium producer Rusa , under U.S. sanctions since April, increased its aluminium exports by 7 percent […]
Dalian coking coal extends gains as smog crackdown tightens supplies
Chinese coking coal futures rose their most in a month on Thursday, buoyed by firm physical prices.
ArcelorMittal reaches Ilva deal with unions, opening way for takeover
ArcelorMittal signed a preliminary agreement last year to buy Ilva, which has the largest steel-producing capacity in Europe.
Embattled Acacia Mining lets partner up stake in Nyanzaga gold project
Acacia — Tanzania's No.1 gold miner— will retain a net smelter return production royalty over the project, capped at $15 million.
Uranium supply crunch may be just around the corner — experts
Decade-low prices have had a negative effect on the profitability of existing mines and on the capacity of early-stage projects to raise necessary funding to be mine-ready when demand picks up.
The 30 countries leading the way in environmental credentials
Many nations around the world have been focussing on improving their environmental practices.
China’s CITIC to be Ivanhoe Mine’s top shareholder in $548m-deal
Transaction, which gives CITIC a 20% stake in the Canadian miner, has received all necessary approvals and it’s expected to close on Sep. 19
