Fortescue triples profit, sees strong China demand
Iron ore miner Fortescue Metals Group on Monday posted a record profit and bumper dividend.
Latest Stories
Golden Predator provides restart notice for Brewery Creek mine
The formal notice has accepted by the Yukon government.
China’s Zhaojin Mining eyes doubling of gold output via overseas M&A
Zhaojin has also been linked with a takeover of Russian miner GV Gold.
Glencore commits $45 million to restart First Cobalt refinery in Canada
Once operational, the facility will be the only primary producer of refined cobalt for the electric vehicle (EV) market in North America.
Automation technology to be deployed at Westgold operations
Autonomous solutions provider RCT is finalizing a major automation project for Westgold Resources at five of its gold mine sites.
Sandvik extends My Sandvik fleet connectivity to other brands
The first non-Sandvik machines are expected to be connected to My Sandvik via Newtrax technology in Q4
2019.
Top vanadium producer sees demand rising after prices slump
Evraz Plc, the world’s largest vanadium producer outside China, says steelmakers are boosting their use of the metal again.
China passes law allowing regions to set resource taxes
Major resources such as crude oil or rare earths will still be subject to a fixed tax rate set by the central government.
IAMGOLD resumes operations at gold mine in Suriname
Rosebel mine was temporarily shuttered in early August after a clash between illegal miners and police, which left one person dead.
