Copper needs to reach $12 000 a ton — a 20% jump from this week’s high — to incentivize large-scale investments in new mines, said Olivia Markham, who co-manages the BlackRock World Mining Fund. The metal’s price hit a two-year high near $10...
Brazilian miner Vale on Wednesday said lower prices for iron-ore, nickel and copper in the first quarter dragged down earnings compared to the year before, as it posted net profit slightly below analyst estimates. Vale, the world’s no.2 producer of...
Diversified mining major BHP announced a proposed all-share offer that values Anglo American at £31.1-billion in a deal that has the potential to transform the mining industry landscape. BHP offered Anglo American shareholders £25.08 a share, including £4.86 a share...
Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the country. These were some of the views raised by Zimbabwean and international...
In today’s ruthless commercial and industrial world, it seems that product and service providers who are making a genuine effort to provide ‘no strings’ technical support and guidance are something of a dying breed. The announcement by Fenner Dunlop EMEA, previously...
Poland’s industrial output fell most since April 2023 due in part to lower coal production, reducing the outlook for economic growth. Industrial output in the European Union’s most coal-reliant nation fell by 6% in March from the same month a year ago, while...
