by Gordon Barratt | Nov 1, 2024 | News
Glencore has maintained its 2024 production guidance during the September quarter while delivering an increase in steelmaking coal volumes. The company’s steelmaking coal volumes increased to 11.1 million tonnes (Mt), a substantial 113 per cent increase from the same...
by Gordon Barratt | Nov 1, 2024 | News
Marking its 10th anniversary, the UzXCMG joint venture, subsidiaries of XCMG Machinery, has successfully manufactured its 3000th piece of equipment and announced significant expansions including a new customs warehouse to boost logistics efficiency. The milestone was...
by Gordon Barratt | Oct 31, 2024 | News
Canada-headquartered miner Ivanhoe Mines achieved a profit of $108-million for the third quarter ended September 30, an increase on the $67-million reported for the previous quarter. Adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for...
by Gordon Barratt | Oct 31, 2024 | News
BHP said that comments made by its chairman at Wednesday’s annual general meeting did not mean the company rules out a renewed offer for Anglo American, months after its failed bid in May. Chairman Ken MacKenzie said earlier in the day that the...
by Gordon Barratt | Oct 31, 2024 | News
In another surprise move, Eskom has taken the seemingly regressive step of approaching the High Court for a review of the National Energy Regulator of South Africa’s (Nersa’s) decision to grant four trading licences in what it describes as its area of supply. In a...
by Gordon Barratt | Oct 31, 2024 | News
Waste management is a crucial concern in the mining industry, especially when there is growing emphasis on environmental sustainability and stringent regulations. Efficient disposal of waste, particularly in mineral processing plants, is more important than ever. One...