Stuck with coal pits the world needs, but few want
BHP’s unsuccessful effort over the past year to offload the Mt Arthur coal mine highlights the predicament producers are in.
Latest Stories
Pan American suspends Peru operations
Company is moving its Huaron and Morococha operations into care and maintenance in response to several workers at the mines recently testing positive for covid-19.
Cardinal Resources’ Ghana mining license ratified
The license is granted for an initial period of 15 years and is renewable.
Scorpio Gold to acquire Manhattan property claims in Nevada
The acquisition will give Scorpio control of land around its Goldwedge project, which contains a fully permitted underground mine and 400 ton-per-day mill.
Jiangxi Copper sells shares in First Quantum
The Chinese company bought its equity stake in the miner in December 2019.
Billionaire commodity trader retires from Glencore
Daniel Mate, Glencore’s fifth-largest shareholder, is handing over trading of zinc and lead to Nick Popovic.
Remote outback town to host $420 million solar thermal project
Mount Isa is said to be the second-best place on Earth to build a solar thermal plant after the Atacama Desert.
Vale nominates Denis Cuenca as COO
His nomination comes after the board approved the creation of a compliance division as part of recommendations given by an independent committee in February.
Yamana Gold to list on LSE, aims to hike dividends
Company's executive chairman said the miner could raise its dividend by a third as the company gears up for a London listing.