Anglo American has announced progress on its demerger of Anglo American Platinum, with plans to complete the separation by June 2025. The demerged company will be listed on the Johannesburg Stock Exchange, with an additional listing on the London Stock Exchange. Anglo...
Brazilian miner Vale said on Friday it expects to raise iron ore production in its main complex Carajas, in northern Brazil, by nearly 13% through 2030 as part of a 70-billion real ($12.26-billion) investment plan in the region. Brazil’s presidential...
Miner and commodity trader Glencore said on Friday it had rejected an unsolicited approach from an unnamed buyer for its operations in the Democratic Republic of Congo at the end of last year. “Glencore has not engaged any banks or advisors and is not running a...
The top global iron ore miners are headed for their weakest earnings in five years as a struggling Chinese property sector weighs on demand for the steel raw material, while new supply coming on line this year dampens the price outlook. Analysts see a tough year ahead...
The Tasmanian Government has opened applications for the latest round of the Exploration Drilling Grant Initiative (EDGI) in a bid to support the discovery of critical mining opportunities. Commencing in 2018, the EDGI encourages and supports industry and investors to...