Rio posts five-year low first-half profits
RIO Tinto delivered its poorest first-half earnings in five years as falling iron ore prices and Western Australian cyclones battered the mining giant's primary...
Glencore to slash costs $1bn by end of 2026
GLENCORE has unveiled plans to slash $1bn in costs by the end of 2026 following a comprehensive review of its mines and smelters, the...
SA chrome tax not a balanced approach to development
VALTERRA Platinum described a proposed chrome tax as not a balanced approach to economic development in South Africa.
Earlier this month, South Africa's Cabinet approved...
Griffith the latest talent to swim free of Vedanta’s grasp
THE departure of Chris Griffith, former CEO of Anglo American Platinum (Amplats), from Vedanta this month is the latest in a series of setbacks...
Ghana shortens licences in sweeping mining law reform
GHANA has announced its most comprehensive mining legislation reforms in nearly two decades, featuring shortened licence periods and mandatory direct revenue-sharing with local communities,...
De Beers to post interim loss as discounts inventory diamonds
ANGLO American on Thursday said its diamond and steelmaking coal businesses would be loss-making in the first half of its financial year.
This was owing...
Can South Africa save its minerals exploration sector?
Last year, a South African government-backed fund invited applications from would-be junior miners, hoping to find that the country’s mineral exploration business was not...
‘Quietly’ issued minerals quota sign China is tightening supply
BEIJING has departed from established practice by issuing 2025 rare earth production quotas without any public disclosure, marking an unprecedented level of opacity in...
Vicuña extends Argentine mine life by years
VICUÑA Corp., a joint venture between Australia's BHP and Canada's Lundin Mining, has announced a six-year extension to the operational lifespan of its Josemaria...
BHP faces $1.7bn cost blowout at Canada project
MINING giant BHP Group on Friday announced significant delays and cost increases at its Canadian potash venture, Jansen, Reuters reported on Friday.
Some $1.7bn in...