Homecoming costs tycoon $7B in year of legal drama
ArcelorMittal is finally nearing the end of a yearlong battle to break into India with the $5.9 billion acquisition of Essar Steel India Ltd.
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‘Zombie’ enterprises hampering China’s economic transformation – Chinalco
For years, such enterprises have survived on bank loans and local government backing, robbing more deserving companies of financial resources that could have otherwise contributed to local growth.
Cat 797F meets tier 4 final configuration
Caterpillar’s Cat 797F mining truck is now available in a fuel efficient configuration that meets U.S. EPA Tier 4 Final emissions standards.
LME launches seven new contracts to try to boost volumes, profit
The steel and alumina contracts have the best chance of succeeding, according to analysts, traders and other industry sources.
Indonesia’s Antam 2018 profit surges on robust nickel sales
Indonesian state miner PT Aneka Tambang (Antam) targets to start operation of its ferronickel smelter in East Halmahera in the second half of this year.
South Africa’s alluvial diamond miners hampered by lack of government support, funding and inappropriate regulations
The alluvial diamond mining industry has attempted to highlight the diversity of the junior mining sector and the challenges of the ‘one size fits’ all approach to minerals policy by regulators.
Russia’s Polymetal says its ore, gold reserves rose in 2018
Polymetal increased its ore reserves by 15 percent last year to 24 million ounces of gold equivalent.
China iron ore futures hit lowest in March so far on steel curbs
The drop in futures mirrored weakness that has prevailed in the physical market since last week, as steel mills reduced output to comply with anti-smog measures.
Gold miners don’t quite put a ring on it: Liam Denning
After a parade of insults, suspect numbers and pitch decks, Barrick Gold Corp. and Newmont Mining Corp. have agreed to a deal.
