BHP’s board approves funding for BP-led U.S. oil project
The $696m move comes about a month after London-listed oil and gas major BP discovered further oil prospects in the Gulf of Mexico.
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Strike over job losses compounds South Africa blackout woes
While South Africa has suffered electricity shortages for more than a decade, the utility is at a crisis point and is seen as the biggest threat to the economy.
SNC-Lavalin bonds weaken as S&P cuts company to cusp of junk
The company said it failed to reach an agreement with a client in a dispute over a mining project in Latin America, prompting it to slash its profit forecast by more than 40% for the year.
‘Let’s make Vale private again,’ but just not yet
State-development bank BNDES intends to sell shares in the miner, but has yet to find a good moment to do so.
Australia flooding to disrupt lead, zinc concentrate rail shipments
The 1,000 km (620 mile) rail line is used by miners including Glencore, MMG Ltd and South 32 to carry zinc and lead concentrate from the Mt Isa region.
Peru environmental watchdog rules out tailings spill at Southern Copper mine
Peru's environmental regulator OEFA has concluded that mining waste from the company's Cuajone mine did not spill into a river during heavy rains last week.
Palladium supply shortfall will worsen this year – Johnson Matthey
The rate of growth in secondary supplies is likely to be lower than in 2018, while primary shipments (of newly mined metal) are expected to be flat.
Colombia coal output likely to hold steady in 2019, companies say
The Andean nation is the world's fifth-largest exporter of coal.
China’s iron ore futures extend pullback amid supply speculation
"I think this is just a natural volatility after such a big supply shock"
