Edition:
India

Tanisha Heiberg

Miner Anglo keeps most production targets after dip

22 Oct 2020

JOHANNESBURG Anglo American Plc on Thursday kept most of its production targets, saying it was operating at about 95% of normal capacity as it posted a year-on-year fall in third-quarter output reflecting temporary shutdowns.

UPDATE 2-Miner Anglo keeps most production targets after Q3 dip

22 Oct 2020

* Higher copper output boosts quarter-on-quarter recovery (Adds PGM Q3 output loss, Colombia strike impact on coal, share price)

Anglo American's S.Africa unit faces class action over Zambia lead poisoning

21 Oct 2020

JOHANNESBURG, Oct 21 Anglo American's South African division is being sued over allegations of negligence at a lead mine it part-owned in Zambia nearly 50 years ago, according to a class action filed at South Africa's High Court on Wednesday.

Antofagasta reports third-quarter copper output fall but keeps guidance

21 Oct 2020

JOHANNESBURG Chilean miner Antofagasta said on Wednesday output had dropped 4.6% in the third quarter compared with the previous three months and was likely to be at the lower end of its guidance for the year.

UPDATE 2-Antofagasta reports Q3 copper output fall but keeps guidance

21 Oct 2020

* Begun negotiations remaining unions at Centinela (Adds wages talks)

CORRECTED-UPDATE 2-SMB-Winning aims to bring Guinea's Simandou iron ore to market in 2025

16 Oct 2020

JOHANNESBURG, Oct 16 China-backed consortium SMB-Winning aims to bring blocks 1 and 2 of Guinea's massive Simandou iron ore deposit into production by 2025, Société Minière de Boké Chairman Fadi Wazni said on Friday, a tight timetable for a huge mine and infrastructure project.

Glencore in talks with carmakers and battery makers about nickel, CEO says

16 Oct 2020

JOHANNESBURG Glencore CEO Ivan Glasenberg said on Friday that the company is talking with carmakers and battery makers about nickel - a key component in electric vehicle batteries which Tesla CEO Elon Musk has asked miners to produce more of.

Sasol to raise $2 billion in part sale of U.S chemicals unit to LyondellBasell

02 Oct 2020

JOHANNESBURG South Africa's Sasol said on Friday chemical company LyondellBasell Industries had agreed to acquire a 50% stake in a unit of its U.S-based business for $2 billion, helping the petrochemicals firm to cut debt.

World’s gold miners wary of production ramp-up despite price surge

13 Sep 2020

JOHANNESBURG/BENGALURU The world's top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth.

World’s gold miners wary of production ramp-up despite price surge

13 Sep 2020

JOHANNESBURG/BENGALURU, Sept 13 The world's top gold miners are retrenching after COVID-19 related shutdowns despite record prices for the yellow metal, with cost-conscious executives prioritizing investor returns over production growth.

World News