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.
* Higher copper output boosts quarter-on-quarter recovery
(Adds PGM Q3 output loss, Colombia strike impact on coal, share
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.
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.
* Begun negotiations remaining unions at Centinela
(Adds wages talks)
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.
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.
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.
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.
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.