Tue, 28-Jun-2022

Mining

BHP Falls Short of Expected Profit, Warns of Slowing...

BHP Group on Tuesday said it expects most major world economies except China to bear the brunt of a coronavirus-led downturn this year, reporting a 4% drop in annual profit that missed analysts’ estimates. ... August 18, 2020 10:26 am By Neha Mule

Sibanye-Stillwater Expects First-half Profit on High...

South Africa’s Sibanye-Stillwater expects to swing to a profit in the first half of 2020, boosted by higher precious metals prices and a weaker rand currency, the miner said on Friday, sending its shares up ... August 14, 2020 9:44 am By Neha Mule

Fluor Receives Full Notice to Proceed from Gold Fiel...

Fluor Corporation announced that it was given full notice to proceed by Gold Fields for its Salares Norte open pit gold mine in Chile. Fluor booked its portion of the undisclosed contract value in the second q... July 30, 2020 10:08 am By Neha Mule

S. Africa’s Amplats Targets Mines at 75-80% Capaci...

Anglo American Platinum expects to bring its mining production back up to 75% to 80% of capacity by the end of this year as South African mines recover from a forced COVID-19 shutdown, CEO Natascha Viljoen sai... June 18, 2020 10:00 am By Neha Mule

China’s Zijin Mining to Buy Guyana Goldfields for ...

China’s Zijin Mining said on Friday it would acquire Guyana Goldfields for C$323 million ($238 million), bringing an end to a protracted takeover battle for the Canada-listed gold miner. Toronto-based... June 12, 2020 1:16 pm By Neha Mule

Guinea Signs Simandou Iron Deal with SMB-Winning Con...

Guinea on Tuesday signed an agreement with a consortium for the development of its giant Simandou iron ore reserve, another step towards the realisation of a project which it hopes will bring a $15 billion win... June 10, 2020 12:09 pm By Neha Mule

South African Miners Seek Return of Foreign Minework...

South Africa’s mining industry is in talks with the government about allowing foreign miners to return to work, the Minerals Council said to Reuters on Thursday, as output ramps up after the easing of corona... June 4, 2020 4:28 pm By Neha Mule

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