ArcelorMittal sells shipping stake in drive to cut debt
The world’s largest steelmaker is selling half its shipping business part of its strategy to offload $2bn of assets by mid-2021 to cut its debt.
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AngloGold, Iamgold to sell stake in Mali’s Sadiola mine
The operation is one of the three assets AngloGold Ashanti put on the chopping block in the past year.
Anglo American to boost Minas Rio mine to full capacity as it gets key licence
The permit allows the company to complete a third phase of development that will ramp up mine production to 26.5 million tonnes of iron ore per year.
Misery looms over top coal shippers as China to buy less in 2020
The world’s biggest coal buyer will likely purchase less from overseas in 2020.
Orban ally sells Hungary coal plant before $1bn overhaul
Move is a a U-turn as Prime Minister Viktor Orban had agreed to the European Union‘s climate deal.
Protests in Argentina following modification of mining law
The new version of Law 7722 allows for the use of cyanide and sulfuric acid in mining operations.
Mining companies operating in Russia improve environmental transparency – WWF
The World Wildlife Fund found that more miners operating in the country are starting to report their efforts to reduce their carbon footprint.
2019 tipping point for renewable projects at mine sites – report
According to THEnergy, most miners believe now is the time to make the switch.
U.S. Steel delivers unwelcome Christmas surprise to Michigan town
U.S. Steel announced layoffs for 1,545 workers and the idling of a significant portion of operations at the Great Lakes Works facility.
