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...
New Hope delivered notable increases in both coal production and sales in the first half (H1) of the 2024–25 financial year (FY25). The company’s December quarterly was underlined by a 32.9 per cent increase in saleable coal production in H1 FY25 compared with H1...
Zimbabwe’s State miner is planning a fresh bid to kickstart a range of projects a year after the government took full control of the company. Kuvimba Mining House, under new CEO Trevor Barnard, is looking to development banks, mining companies...
Global Lithium Resources has appointed Dianmin Chen to run the company, after its executive chairman stepped down and shareholders approved a new board that wants to go ahead with developing its key lithium project in Western Australia. Former executive...
