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Coal India reports 26% rise in profit as staff costs fall
Coal India Ltd., the world’s largest producer of the commodity, reported a 26% increase in fourth-quarter profit, driven by a drop in salary expenses and higher shipments to customers.
Friday, May 3, 2024 - 14:26:53
Chinese miners see opportunities as BHP’s mega bid unfolds
China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39 billion approach for rival Anglo American Plc, potentially the largest mining deal in over a decade.
Thursday, May 2, 2024 - 14:22:57
Anglo American takeover price needs to surpass £30/share
A takeover of Anglo American Plc would need to be pitched at more than £30 ($37.6) per share, a higher price than BHP Group Ltd. offered last week, according to analysts and traders surveyed by Bloomberg.
Wednesday, May 1, 2024 - 21:40:03
Senate passes Russian uranium import ban, sending to Biden
The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the president. President Joe Biden plans to sign it into law soon, according to the White House.
Wednesday, May 1, 2024 - 21:33:13
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
BHP Group can’t cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African subsidiaries.
Tuesday, April 30, 2024 - 23:55:06
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What’s Anglo worth? For now it’s less than the sum of its parts
As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and executives at rival producers: What’s Anglo American Plc actually worth?
Friday, May 3, 2024 - 14:36:03
Congo’s $7 billion infrastructure deal with China will depend on copper prices
Around $7 billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised minerals deal will largely depend on copper prices remaining high, details of the agreement published on Friday show.
Friday, May 3, 2024 - 14:34:05
Albemarle may lower capex if lithium prices stay low
Albemarle, the world’s largest producer of lithium for electric vehicle batteries, could look at reducing capital expenditure in the coming years if lithium prices remain flat, the company said on Thursday.
Friday, May 3, 2024 - 14:30:59
High-flying zinc shrugs off European smelter restarts
Belgium’s Nyrstar is reactivating the Budel zinc smelter in the Netherlands after a four-month period of care and maintenance.
Friday, May 3, 2024 - 14:28:29
Adani flagship’s profit drops, gets queried by Indian regulator
Adani Enterprises Ltd., which posted a 38% fall in quarterly profit, said India’s markets regulator has queried it about possible violations.
Thursday, May 2, 2024 - 14:24:29
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Strong copper price reviving Peru’s mining mojo
Peru’s dented mining mojo, hit by years of political turmoil in the Andean country, is being buoyed by strong copper prices and a bullish outlook they will rise further, helping lure back investor interest, the country’s mining minister said on Friday.
Sunday, May 5, 2024 - 14:40:13
Harmony Gold reports fatality at Mponeng mine
Harmony Gold said on Thursday an employee working on planned rail maintenance had died at its Mponeng mine in South Africa on May 1.
Friday, May 3, 2024 - 14:32:40
Contango grows Alaska gold footprint with two major buys
Emerging North American gold producer Contango ORE is boosting its landhold in Alaska with the acquisition of Canada’s HighGold Mining and Avidian Gold’s subsidiary Avidian Gold Alaska.
Thursday, May 2, 2024 - 14:12:26
Gold price falls as investors face long wait until Fed rate cuts
Gold fell, with market watchers saying the previous day’s rally in response to Federal Reserve Chair Jerome Powell’s comments was overoptimistic.
Thursday, May 2, 2024 - 14:10:38
Near record high LME prices a magnet for Chinese copper exports
China’s copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years, aiming to cool a rally that has propelled prices towards record highs and hit their order books, three industry sources said.
Wednesday, May 1, 2024 - 21:41:58
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Anglo CEO meets South Africa mines minister after BHP’s takeover proposal
Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group’s $39 billion takeover bid, a source familiar with the matter told Reuters.
Saturday, May 4, 2024 - 14:38:31
Energy transition delay will impact investment – Wood Mackenzie
A five-year delay to decarbonization efforts could see global average temperatures rising to 3 degrees Celsius above pre-industrial levels and result in a 55% fall in global average spending, a report by consultancy Wood Mackenzie showed.
Thursday, May 2, 2024 - 14:15:32
Miner owned by South America’s richest family mulls bond sale
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly two years, people familiar with the matter said.
Friday, April 26, 2024 - 17:16:02
Zimbabwe names new mines minister in mini-reshuffle
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.
Wednesday, April 24, 2024 - 19:15:11
BHP targets Anglo American in bid valued at $39 billion
BHP Group Ltd. proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that would catapult the combined company’s copper production far beyond its rivals while sparking the biggest shakeup in the industry in over a decade.
Wednesday, April 24, 2024 - 16:49:16
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News Archive

فارسی

NSW Govt blocks Gunnedah Basin coal project

NSW Govt blocks Gunnedah Basin coal project

Mining News Pro - The New South Wales Government has paid China Shenhua Energy Company (CSEC) $100 million after withdrawing its mining lease application for the Shenhua Watermark coal project in the Gunnedah Basin.

Friday, April 23, 2021 - 12:46:02

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Esfahan Mobarakeh Steel co.

khuzestan steel

Prices Currency and gold Bourse

ghadir neiriz co

IranAluminaJaajarm

Iran is One of the Key Players in Global Steel Products` Market

Iran is One of the Key Players in Global Steel Products` Market

Iran Must Concentrate on Steel Exports

Iran Must Concentrate on Steel Exports

Iran Is Among the Largest Producers of Steel in Asia

Iran Is Among the Largest Producers of Steel in Asia

Video interview of RR Steel Industry CEO

Video interview of RR Steel Industry CEO

Last year’s budget of IMIDRO was 750 billion IRRs but we only received 160 billion IRRs

Last year’s budget of IMIDRO was 750 billion IRRs but we only received 160 billion IRRs

Danieli`s Big Investment in Iran

Danieli`s Big Investment in Iran

ahan o fulad golgohar

Strong copper price reviving Peru’s mining mojo

Anglo CEO meets South Africa mines minister after BHP’s takeover proposal

What’s Anglo worth? For now it’s less than the sum of its parts

Congo’s $7 billion infrastructure deal with China will depend on copper prices

Harmony Gold reports fatality at Mponeng mine

Albemarle may lower capex if lithium prices stay low

High-flying zinc shrugs off European smelter restarts

Coal India reports 26% rise in profit as staff costs fall

Adani flagship’s profit drops, gets queried by Indian regulator

Chinese miners see opportunities as BHP’s mega bid unfolds

Anglo spinoffs will ‘very likely’ need South Africa approval

China lithium pioneer hands reins to daughter after loss

Anglo American takeover price needs to surpass £30/share

Gold price fluctuates as market focuses on Fed meeting

Iron ore is tight and will pass $100 test in 2024

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

Senate passes Russian uranium import ban, sending to Biden

Copper price slips as Chinese demand outlook comes into focus

Glencore now sees FY trading division profit between $3bn-$3.5bn

Barrick CEO says not interested in bidding for Anglo American

Anglo CEO meets South Africa mines minister after BHP’s takeover proposal

BHP targets Anglo American in bid valued at $39 billion

Airbus wins reprieve from Canadian sanctions on Russian titanium

Polish government drops coal merger idea

Adani kicks off $1.2 billion Indian copper smelter

Chinese miners eye overseas deals after battery metals slump

Iron ore price edges higher on hopes of China’s demand recovery

Iron ore hit by fresh selling as traders fret over China demand

Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2

Gold output falls in Burkina Faso as terrorist attacks increase

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