by Gordon Barratt | Mar 10, 2025 | News
Indonesia is proposing hiking royalties paid by miners in a bid to bolster public finances that are being strained by President Prabowo Subianto’s spending plans. The Energy and Mineral Resources Ministry is considering increases on the levies paid on the production...
by Gordon Barratt | Mar 10, 2025 | News
Saudi Arabia’s Zahid Group will start fresh negotiations with the shareholders of South Africa’s Barloworld, after an initial acquisition offer was rejected. The consortium led by Zahid will seek to buy as many shares as possible so that its stake exceeds 50% in the...
by Gordon Barratt | Mar 10, 2025 | News
BHP has committed to investing up to A$40-million for the exploration of potential Tier 1 copper/silver deposits in Botswana, in partnership with Australia-listed Cobre. The agreement, announced on Monday, outlines an exploration funding package aimed at...
by Gordon Barratt | Mar 10, 2025 | News
Rio Tinto Group has scrapped plans to raise as much as $5-billion in a share sale following pushback from investors, people with knowledge of the matter said. Executives at the mining giant had floated the possibility of an equity offering in recent investor meetings...
by Gordon Barratt | Mar 7, 2025 | News
China’s iron-ore imports in the first two months of 2025 fell by 8.4% from the same period a year earlier, curbed by weather-related supply disruption in major producer Australia. The world’s largest iron ore consumer brought in 191.36-million metric tons...
by Gordon Barratt | Mar 7, 2025 | News
A Moroccan government committee on recently approved green hydrogen projects aiming to produce ammonia, steel and industrial fuel worth a total of 319-billion dirhams ($32.5-billion). The Moroccan committee picked the United States’ Ortus, Spain’s Acciona...