Change or lose another 100 000 mining jobs – Cutifani
Without change, the South African mining industry would lose another 100 000 jobs, said Anglo American CEO Mark Cutifani, who six years ago accurately predicted the recent 100 000 job demise in South...
View ArticleSMB plans Guinea alumina refinery by 2022
A consortium of the Societe Miniere de Boke (SMB) and Singapore's Winning Shipping plans to build Guinea's first alumina refinery in a $3 billion effort to develop the West African country's bauxite...
View ArticleGlencore-Canada venture hitched to low-carbon economy shift
The joint venture partnership Glencore struck with a Canadian pension plan on Tuesday provides exposure to commodities that benefit from a low-carbon economy. BaseCore Metals, a 50:50 partnership...
View ArticleAustralian Mines completes Sconi buy
ASX-listed Australian Mines is now the 100% owner of the Sconi cobalt/nickel/scandium project, after the completing the buyout of its joint venture partner’s shareholding in the northern Queensland...
View ArticleOwner’s engineer role by ‘Proudly South African’ Erudite pleasing Perth
New ‘Proudly South African’ start-up Erudite Strategies has hit a rich vein of acceptance in Australia, where investors in junior mining projects in Africa are showing alacrity in taking up its unique...
View ArticleCyril Ramaphosa calls for mining sector action
South Africa must urgently break the ongoing deadlock on the regulation and transformation of the mining sector to ensure the proper use of this country’s world-class mineral resources, says Deputy...
View ArticleCrucial for commodity countries to build economic resilience – Unctad
Without policy change, commodity-dependent developing countries risk falling short of achieving their sustainable development goals (SDGs) by 2030, United Nations Conference on Trade and Development...
View ArticleMore than 100 jobs on offer at Rio Tinto’s Weipa mines
Diversified miner Rio Tinto has launched a recruitment drive for more than 100 new roles at its bauxite mines on the western Cape York Peninsula in Queensland. The opportunities are available across...
View ArticleFrance-based miner AMR starts bauxite production in Guinea
Paris-based miner AMR began production at its Guinean bauxite mine on Tuesday, aiming to produce between 6 million and 10 million tonnes a year of the aluminium ore, the company said. Alliance Miniere...
View ArticleMoody’s sees stable year ahead for base metals, but also expects some risk...
Ratings agency Moody’s believes 2018 will be a year of relative stability for the global base metals industry after some recovery was experienced this year. In a 2018 outlook analysis, released on...
View ArticleTakeover target Bauxite Resources offers to return capital to shareholders
Explorer Bauxite Resources has set aside $10.7-million of its cash to reward shareholders with a capital return of 5c a share in a move to thwart a bid from Mercantile Investment Company. Mercantile...
View ArticleCommodities forge record-setting rally as BP to miners surge
Commodities are forging a record-setting run of gains that straddles the end of 2017 and the start of the new year as crude oil notches multiyear highs and investors bet that booming global...
View ArticleRio Tinto receives offer for aluminium smelter
Diversified mining company Rio Tinto has received a binding offer from Liberty House to acquire Rio Tinto’s Aluminium Dunkerque smelter in northern France for $500-million. In accordance with French...
View ArticleStrong commodity price rally lifts IHS Materials Price Index for ninth...
The IHS Materials Price Index (MPI) is in its ninth consecutive week of gains, jumping 2.8% last week – the strongest weekly performance since early September. According to IHS Markit economist Cole...
View ArticleSmarter mining, manufacture, agriculture needed, says IDC’s Maia
South Africa needs to aim towards smarter mining, smarter agriculture and smarter manufacturing. “It’s about taking all the major sectors of the economy forward, with each feeding on the other,” says...
View ArticleGlencore reserves should be valued higher – analysts
Investors should be prepared to value the reserves of metal that Glencore owns more highly to reward the proactive approach that the London- and Johannesburg-listed diversified mining company has...
View ArticleDRA expands Asia-Pacific footprint
Global engineering, project delivery, contract operations specialist and asset management group DRA’s acquisition of Perth-based Minnovo expands its Australian footprint and adds depth to its...
View ArticleCanadian miners welcome new federal business ethics ombudsman
Canada’s Liberal government has introduced a new federally mandated Ombudsman for Responsible Enterprise (CORE) to investigate human rights complaints about the overseas operations of Canadian...
View ArticleBHP second-quarter iron-ore output up 3%, maintains forecast
Global miner BHP on Thursday reported a 3% rise in second-quarter iron-ore production year over year and said it expects to meet its full-year target as prices for the steelmaking ingredient outperform...
View ArticleNew ‘disruptive’ mine borer heads for Indaba unveiling
A new Proudly South African mine tunnel borer that requires no blasting, delivers higher production advances, comes with a collaboration imprimatur and can be retrofitted to existing operations, will...
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