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Diversified Miners

Rio Tinto CEO Jakob Stausholm
Rio Tinto open to big copper buys but cautious of overheated market
31st July 2024 By: Reuters

Rio Tinto may consider a large acquisition but it would have to provide value that is hard to find amid a copper market that is running hot, CEO Jakob Stausholm said on Wednesday while discussing... 


Sibanye welcomes nature-related disclosure guidance for the mining sector
30th July 2024 By: Schalk Burger

Multinational mineral and metal processing group Sibanye-Stillwater has welcomed the nature-related reporting organisation Taskforce on Nature-related Financial Disclosure (TNFD) sector guidance... 


Glencore CEO Gary Nagle.
Glencore expects to be able to announce coal, carbon steel demerger decision next week
30th July 2024 By: Martin Creamer

Diversified mining and marketing company Glencore expects to be able to announce the decision of the board regarding the potential demerger of its coal and carbon steel materials business next... 


The Filo del Sol project on the border of Argentina and Chile
BHP expands copper portfolio with strategic South American acquisition and JV
30th July 2024 By: Mariaan Webb

Diversified miner BHP on Tuesday announced a strategic move to expand its copper portfolio by jointly acquiring, with Lundin Mining, an advanced-stage copper exploration project in South America.... 


An office block with the Rio Tinto logo
Rio Tinto iced out by investor advocate ACCR over climate stance
30th July 2024 By: Reuters

An Australian shareholder advocacy group said it would no longer engage with Rio Tinto after the miner lobbied the Australian government to remove a reference to climate change impacts in impending... 


South32’s Illawarra coal sale unconditional
South32’s Illawarra coal sale unconditional
29th July 2024 By: Creamer Media Reporter

All conditions precedent to the sale of Illawarra metallurgical coal to an entity owned by Golden Energy and Resources and M Resources have been satisfied, diversified miner South32 reported on... 


Teck's Highland Valley copper operations in Canada
Teck draws M&A attention from big miners in rush for copper
29th July 2024 By: Bloomberg

The world’s biggest miners are back in serious dealmaking mode and Teck Resources is taking center stage. The Canadian miner, which has exited its coal business with a sale this month to Glencore,... 


Vale says Q2 net profit triples, iron-ore sales up
Vale says Q2 net profit triples, iron-ore sales up
26th July 2024 By: Reuters

Brazilian miner Vale, one of the world's largest iron-ore producers, said on Thursday its second-quarter net profit soared to $2.77-billion, triple the year-earlier period and above analyst... 


Beneficiation, Seriti Green, iron-ore logistics make headlines
Beneficiation, Seriti Green, iron-ore logistics make headlines
26th July 2024

Mining Weekly Editor Martin Creamer discusses the Minerals Council South Africa's support of beneficiation where the economics make sense; Seriti Resources advancing into wind energy through Seriti... 


Brazil government mulls 'tougher measures and sanctions' on Vale, Minister says
Brazil government mulls 'tougher measures and sanctions' on Vale, Minister says
26th July 2024 By: Reuters

Brazil's government could apply "tougher measures and sanctions" on Vale to combat the mining giant's "arrogant" stance towards the country, Mines and Energy Minister Alexandre Silveira told... 


MAJOR MILESTONE The first batch of concentrate production through the new Kipushi concentrator was achieved on June 14
First ore enters concentrator in DRC
26th July 2024

Two months after completing the construction and the restart of the historic ultrahigh-grade Kipushi zinc/copper/lead/germanium mine in the Democratic Republic of Congo (DRC), diversified miner... 


Sibanye CEO Neal Froneman
Sibanye says US operation recovering from cyberattack impact
25th July 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater confirmed on July 25 that the Columbus metallurgical complex at its US platinum group metals operations has experienced some... 


Anglo American CE Duncan Wanblad.
Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize
25th July 2024 By: Martin Creamer

By the end of 2025, the new Anglo American is going to be focused 100% on copper, iron-ore and crop nutrient mining. By that time, the demerged Johannesburg Stock Exchange-listed Anglo American... 


Anglo American CE Duncan Wanblad.
We’re moving at pace to create more agile, profitable Anglo, CE Wanblad reports
25th July 2024 By: Martin Creamer

Diversified mining company Anglo American, which is in the process of restructuring itself, on Thursday delivered $5-billion underlying half-year earnings for the six months to the end of June.... 


Anglo CEO Duncan Wanblad
Anglo to face investors with wary eye on BHP's potential return
24th July 2024 By: Reuters

Anglo American investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49-billion takeover bid... 


Minerals Council South Africa CEO Mzila Mthenjane.
Minerals Council South Africa supports beneficiation where the economics make sense
24th July 2024 By: Martin Creamer

Minerals Council South Africa, whose members account for 90% of this country's annual mineral production by value, supports beneficiation where the economics make sense. “Therefore, we welcome the... 


Resources Watch
Resources Watch
24th July 2024

This week: Petra Diamonds focusing on refinancing $250-million loan notes and, Green ammonia ousting coal in power stations 


The 2015 dam burst caused a wave of toxic tailings that killed 19 people, left hundreds homeless, flooded forests and polluted the Doce river.
BHP must stop funding legal action to halt Mariana dam claim, court rules
24th July 2024 By: Reuters

BHP Group must stop funding legal action seeking to halt some Brazilian municipalities from bringing a multi-billion pound claim over one of Brazil's worst environmental disasters, London's High... 


BHP’s Canada potash mine reaches halfway mark
BHP’s Canada potash mine reaches halfway mark
23rd July 2024 By: Creamer Media Reporter

Diversified mining company BHP’s Jansen potash project has reached a pivotal milestone with construction surpassing the 50% completion mark for Stage 1, with Stage 2 also under way. The project,... 


Metalloys smelter
South32’s South African manganese, aluminium operations deliver solid output
22nd July 2024 By: Darren Parker

Diversified miner South32’s South African manganese operations produced 2.18-million tonnes of manganese in the 2024 financial year, ended June 30, higher than the 2.11-million tonnes produced in... 


Onslow iron-ore project
Anglo sells gold, iron-ore royalties to Australian fund manager
22nd July 2024 By: Marleny Arnoldi

Diversified miner Anglo American has signed a definitive agreement to sell two royalties to Taurus Funds Management for up to $195-million in cash. The transaction comprises an upfront cash... 


South32 to contest EPA's Worsley conditions, flags $554 impairment
South32 to contest EPA's Worsley conditions, flags $554 impairment
22nd July 2024 By: Mariaan Webb

Diversified mining company South32 plans to contest the Western Australia Environmental Protection Authority’s (EPA’s) recommendations for its Worsley development project, arguing that the proposed... 


Platinum, diamonds, hydrogen make headlines
Platinum, diamonds, hydrogen make headlines
19th July 2024

Mining Weekly Editor Martin Creamer discusses the projected downward path of platinum; Petra Diamonds looking to refinance its $250-million loan notes; and Hive Hydrogen South Africa completing... 


Weir Africa GM for crushing and screening products Tiisetso Masekwameng
Improved wheeled plant solution enhances portability, flexibility on mining sites
18th July 2024 By: Shannon de Ryhove

In response to shifting market demands and evolving customer needs, mining technology company Weir has undertaken a significant redesign of its wheeled plant solution, known as the Weir Modular... 


Duncan Wanblad shaking hands with Wits University vice-chancellor Professor Zeblon Vilakazi at the hand over of Anglo’s 47 Main street, Johannesburg building, to Wits Business School (WBS), with Anglo chairperson Nolitha Fakude (left) and  WBS head Prof Maurice Radebe (right).
We’ve delivered strong second-quarter production – Anglo CE
18th July 2024 By: Martin Creamer

Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong.... 


Resources Watch
Resources Watch
17th July 2024

This week: Mining’s dormant gold analyser seen as potential gold optimiser with help of today’s tech and, South Africa's mineral endowment, public market advantages must be put to work 


BHP posts second straight year of record iron-ore production, beats estimates
BHP posts second straight year of record iron-ore production, beats estimates
17th July 2024 By: Reuters

BHP Group on Wednesday reported record annual iron-ore production for a second consecutive year, helped by improved weather conditions and higher contribution from its South Flank operations in... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto ‘growing with discipline’, says CEO
16th July 2024 By: Mariaan Webb

Australia-headquartered mining major Rio Tinto is continuing to grow in the materials the world needs for the energy transition and is doing so “with discipline”, CEO Jakob Stausholm said on... 


Lundin to pitch BHP on joint bid for copper miner Filo
Lundin to pitch BHP on joint bid for copper miner Filo
15th July 2024 By: Bloomberg

Lundin Mining has approached BHP Group about making a joint bid for copper miner Filo, people with knowledge of the matter said, in a move that could solve fundraising needs for a neighboring... 


Mega deals are likely to attract stiff regulatory scrutiny
Rio Tinto studies potential bid proposal for Teck, Sky reports
12th July 2024 By: Bloomberg

Rio Tinto Group is studying proposals for potential bids for companies including Teck Resources, Sky News reported citing sources it didn’t identify. The company has drawn up a list of potential... 


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