June 3, 2018 World’s No. 4 iron ore miner wants to diversify its portfolio The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.
June 2, 2018 Rio Tinto completes sale of Australian coal asset As soon as the sale was completed, Rio received $150 million in cash and is set to get an unconditional cash payment of $50 million due in 12 months.
May 31, 2018 Indonesia’s Adaro says Australia approves Kestrel coking coal mine deal Under the planned $2.25 billion transaction, Adaro will take a 48 percent stake of Rio's current 80 percent interest in the mine.
May 31, 2018 From chopping block to ‘core,’ Anglo fires up met coal engine Anglo American Plc is set to boost metallurgical coal capacity at a mine complex in Australia by 25 percent.
May 30, 2018 Gold Fields to set aside acquisitions, sees industry costs rising — CEO The South African gold producer is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief…
May 30, 2018 Electric vehicles on the road to triple by 2020 — IEA The number of electric cars, including battery-electric, plug-in hybrid electric and fuel cell electric passenger light-duty vehicles, increased by 57% in 2017 from the previous year.
May 30, 2018 Here’s what miners are getting wrong when it comes to digital transformation While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.
May 29, 2018 Australia’s Galaxy Resources to sell tenements in Argentina to POSCO for $280 mln The land is located in the northern area of the giant Salar del Hombre Muerto salt flat.
May 29, 2018 Avanco axes Brazil copper mine production over truck drivers strike The company had warned last week that operations at the open pit mine would be affected by the strike, as fuel and consumables failed to be delivered to site, while…
May 29, 2018 Newmont sells its royalty portfolio to Maverix Metals for $17 million, stake in the junior Other than cash sum, the US miner is receiving 60 million Maverix common shares, representing a 28% stake in the Canadian company and warrants for an additional 10 million common…
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
