December 10, 2014 Yamana Gold to group Brazil mines under new unit The miner became the latest company to spin off non-core, underperforming assets.
December 9, 2014 Larger players account for 40% of global exploration budgets A study of about 40 explorers budgeting at least US$50 million total shows the larger players allocated a total of US$4.33 billion and accounted for 40% of the US$10.74 billion…
December 9, 2014 Anglo American struggling to meet targets, mulls coal assets sale Anglo’s boss Mark Cutifani says company needs to find an extra $2 billion of earnings before interest and tax to meet the return on capital target set for 2015.
December 9, 2014 Vale sells stake in Mozambique coal project to Mitsui for $763m Mitsui, which since 2003 is part of the holding group that controls Vale, is expanding partnerships with the world’s largest iron-ore miner.
December 8, 2014 BHP Billiton spin-off named South32 The waiting game is over. BHP Billiton has named its Perth-based spin-off company, appointing Graham Kerr as its chief executive.
December 5, 2014 Vale to sell 15% of its $3bn Mozambique coal project to Mitsui The miner confirmed Friday it is in talks “with a potential investor,” but did not name its counterpart.
December 4, 2014 Iron ore price surges Benchmark 62% fines up 3% and premiums for high quality lump ore jump to 11-month high.
December 3, 2014 Barrick teams with Saudi Arabian miner to run copper mine Miner may try replicate partnership with other of its stalled projects, such as Pascua Lama in South America.
Chile’s Mantoverde makes workers new offer as strike continues The offer includes paying out the equivalent of $17,400 per worker, the company said. January 28, 2026 | 12:12 pm
