MINING.COM

Elliott’s BHP adventure pays dividends, but not total victory: Russell

It's tempting to think that BHP Billiton has caved into demands by activist investor Elliott Advisors by agreeing to sell its U.S. onshore oil and gas business and by boosting the returns to shareholders.

Reuters | August 23, 2017 | 9:35 am

Germany brings home $28bn worth of gold reserves

With the move, the country’s central bank has completed its plan to bring back home 54,000 gold bars that were still being held in foreign vaults.

Cecilia Jamasmie | August 23, 2017 | 5:32 am

BHP Billiton to replace two directors in board shake-up

Controversial director Grant King is stepping down, only six months after joining the company amid concerns among investors over oil investments.

Reuters | August 23, 2017 | 2:47 am

Scientists figure out how to make it rain diamonds

It's the first time the event has been reproduced in a lab environment similar to the one within Neptune and Uranus.

Cecilia Jamasmie | August 22, 2017 | 8:56 am

Iron ore nears $80 a tonne

Prices for the steelmaking material have increased almost 50% since its 2017 lows.

Cecilia Jamasmie | August 22, 2017 | 5:48 am

Polish coal mining swings to profit on prices, restructuring

According to the Industrial Development Agency (ARP), net profit at Polish coal mines stood at 1.45 billion zlotys (US$400.06 million) in the first half of the year compared to a 800 million zlotys loss a year earlier.

Reuters | August 22, 2017 | 5:18 am

Glencore’s Zambian unit may shed 4,700 workers on power shortages

Mopani Copper Mines, Glencore’s Zambian unit, said on Tuesday it may lay off nearly 5,000 workers due to a dispute with its […]

Reuters | August 22, 2017 | 4:00 am

Copper rally lifts Antofagasta’s profits — up 88% in first half of 2017

The miner believes a tightening global supply of copper will keep prices on the high-end of the spectrum this year and next.

Cecilia Jamasmie | August 22, 2017 | 3:35 am

BHP exiting oil and gas

After posting a fourfold rise in profits, world's number one mining company now "actively pursuing options to exit" its US oil and gas business bought for $20B six years ago.

Frik Els | August 21, 2017 | 3:48 pm

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