More news on this subject
Previous
FY25 will be a transformative year for Vedanta on many fronts: Anil Agarwal: Mining tycoon Anil Agarwal has said the current financial year that started on April ...
business-standard.com/companies/news/fy25-will-be-a-transformative-year-for-vedanta-on-many-fronts-anil-agarwal-124041700459_1.html
Exclusive: UAE giant eyes majority stake in Vedanta's Zambian mines in expansion drive
reuters.com/markets/deals/uae-giant-eyes-majority-stake-vedantas-zambian-mines-expansion-drive-2024-04-19/
Vale (VALE3 BZ) Iron Ore Production Tops Estimates in 1Q: Vale SA, the Brazilian mining giant, produced more iron ore than expected in its first quarter better ...
bloomberg.com/news/articles/2024-04-16/vale-s-iron-ore-output-tops-estimates-on-mine-performance
Ant species named after Harry Potter villain Lord Voldemort after Pilbara discovery
abc.net.au/news/2024-04-16/ant-species-named-after-harry-potter-villain-lord-voldemort/103702350
BHP to decide fate of Western Australia nickel business by August: (Reuters) -- BHP Group on Thursday said it expects to announce the fate of its Western ...
asia.nikkei.com/Spotlight/Supply-Chain/BHP-to-decide-fate-of-Western-Australia-nickel-business-by-August
Australia Plans IRA-Style Act to Drive Green Manufacturing Tilt: Australian Prime Minister Anthony Albanese plans an Inflation Reduction Act-style program to ...
bloomberg.com/news/articles/2024-04-10/australia-plans-ira-style-act-to-drive-green-manufacturing-tilt
Paid articlePaid
Quick Glance: PM unveils ambitious plan to boost local manufacturing
- Prime Minister Anthony Albanese has unveiled an ambitious plan to boost local manufacturing and supercharge Australia's economic growth.
- He announced the upcoming introduction of a 'Future Made in Australia Act' to enhance investment, job creation, and economic opportunities.
- Albanese emphasized the importance of government support for the domestic industry and competing with other countries offering similar subsidies.
- Albanese's plan has been welcomed by various bodies, while Opposition Leader Peter Dutton deemed it unachievable.
Cocos (Keeling) Islands' 40 years of struggling to be heard as an Australian territory
abc.net.au/news/2024-04-15/anniversary-cocos-keeling-islands-integration-australia/103080308
Hindustan Zinc Q4 results: Net profit drops 21% to Rs 2,038 crore: Revenue from the zinc mining business - the biggest segment - fell 16%, resulting in a 12% ...
business-standard.com/companies/news/hindustan-zinc-q4-results-net-profit-drops-21-to-rs-2-038-crore-124041900699_1.html
Coal India’s capex rises 6.5% in FY24 to Rs 19,840 crore: This is the fourth consecutive fiscal year that Coal India’s capex has breached the budgeted target.
financialexpress.com/business/express-mobility/industry-express-mobility/coal-indias-capex-rises-6-5-in-fy24-to-rs-19840-crore/3458978/
CIL contributes Rs 60,140 crore to exchequer in FY24, up 6.4% on year: The amount paid to the central and state governments includes royalties, GST, cess on coal ...
financialexpress.com/business/industry-cil-contributes-rs-60140-crore-to-exchequer-in-fy24-up-6-4-on-year-3454239/
New species of ant found pottering under the Pilbara named after Voldemort: A study by The University of Western Australia has unearthed a new species of ...
phys.org/news/2024-04-species-ant-pottering-pilbara-voldemort.html
Investor Tribeca presents Glencore with ideas to raise shareholder value – How it may unfold
cnbc.com/2024/03/30/investor-tribeca-presents-glencore-with-ideas-to-raise-shareholder-value.html
Lithium miner Pilbara Minerals accepts pre-auction offer for spodumene cargo: Australia's Pilbara Minerals said on Thursday it has accepted a pre-auction offer ...
reuters.com/markets/commodities/lithium-miner-pilbara-minerals-accepts-pre-auction-offer-spodumene-cargo-2024-03-14/
Native title success celebrated by traditional owners in remote WA 27 years after first land claims
abc.net.au/news/2024-03-12/native-title-remote-wa-awarded-27-years-after-land-claims/103567136
Rising Copper Prices, Portfolio Review Make Underperforming Anglo American Stock A Potential Bargain: Rep
benzinga.com/analyst-ratings/analyst-color/24/03/37924793/rising-copper-prices-portfolio-review-make-underperforming-anglo-american-stock-a-p
Govt rejects Hindustan Zinc's plans to split company into different units: Vedanta has a 64.9% stake in Hindustan Zinc
business-standard.com/companies/news/govt-rejects-hindustan-zinc-s-plans-to-split-company-into-different-units-124032200246_1.html
We have revealed a unique time capsule of Australia's first coastal people from 50,000 years ago
phys.org/news/2024-03-revealed-unique-capsule-australia-coastal.html
Mining group Glencore records big rise in CO₂ emissions: Company cites expanded coal production and oil refinery restart but says it is on track to meet targeted ...
ft.com/content/9ce7f517-6e80-4b3a-bc4f-ab907f1bef0b
Paid articlePaid
Activist investor demands Glencore keep its coal unit and move main listing to Sydney
ft.com/content/fde4cadb-f0ba-469c-8f9c-f646de38963e
Paid articlePaid
Guinea approves joint development deal for Simandou iron ore project: Lawmakers in Guinea approved on Saturday a joint development deal for its giant Simandou ...
reuters.com/markets/commodities/guinea-approves-joint-development-deal-simandou-iron-ore-project-2024-02-04/
Romania scores unexpected victory in arbitration case against Canadian company for controversial gold mining project
romania-insider.com/romania-wins-arbitration-gabriel-resources-rosia-montana
Rio Tinto wrangles investors over water contamination claims: Global mining giant Rio Tinto (RIO.AX), which sparked outrage after destroying an ancient ...
reuters.com/sustainability/rio-tinto-wrangles-investors-over-water-contamination-claims-2024-02-12/
Australian miner BHP averts rail strike with 20% pay raise: SYDNEY -- Rail workers for Australian mining giant BHP Group have canceled a planned strike after the ...
asia.nikkei.com/Business/Markets/Commodities/Australian-miner-BHP-averts-rail-strike-with-20-pay-raise
Aluminium makers race to cut costs through green power, captive mining: Ramp up in captive coal production could also help National Aluminium Company ...
business-standard.com/companies/news/aluminium-makers-race-to-cut-costs-through-green-power-captive-mining-124030600930_1.html
Paid articlePaid
‘Six figures and a pool’: Jobs for Aussies now: A mining company is offering six-figure salaries and free direct flights from the east coast to its remote sites ...
news.com.au/finance/business/mining/mining-company-mineral-resources-introduces-free-flights-for-fifo-workers-and-sixfigure-salaries/news-story/6f0e79c22695a1ef25d525f5e8616ae9
Govt puts 18 critical minerals under 2nd tranche of auction: Potash mining to begin for first time, says minister
financialexpress.com/policy/economy-india-to-auction-18-critical-mineral-blocks-in-second-round-source-says-3409558/
Impala Platinum weighs closing some loss-making mines as profit slumps: Impala Platinum may consider closing some loss-making mining shafts in South Africa if ...
timeslive.co.za/sunday-times/business/business/2024-02-29-impala-platinum-weighs-closing-some-loss-making-mines-as-profit-slumps/
BHP to restructure some global corporate roles as it looks to trim costs: The world's biggest listed miner BHP Group said on Thursday it was disbanding some ...
reuters.com/markets/commodities/bhp-restructure-some-global-corporate-roles-it-looks-trim-costs-2024-02-29/
MIND ID to become largest single shareholder in Vale Indonesia for $300m - Companies - The Jakarta Post
thejakartapost.com/business/2024/02/26/mind-id-to-become-largest-single-shareholder-in-vale-indonesia-for-300m.html
Brokerages bullish on Vedanta's prospects amid concerns over group's debt: Capex in aluminium and zinc should result in incremental cash flow of $1 billion-plus ...
business-standard.com/markets/stock-market-news/brokerages-bullish-on-vedanta-s-prospects-amid-concerns-over-group-s-debt-124022800835_1.html
Paid articlePaid
World’s Largest Mining Project Unfolds in Africa: In West Africa, Rio Tinto's Simandou project launches, aiming to become the world's largest mining venture.
riotimesonline.com/worlds-largest-mining-project-unfolds-in-africa/
Perfect storm forces Anglo asset review: Facing the perfect storm of a commodities cycle bust, an unending logistics crisis, a subdued global economy ...
timeslive.co.za/sunday-times/business/business/2024-02-25-perfect-storm-forces-anglo-asset-review/
Paid articlePaid
Glencore slashes dividend in bid to shrink debt : Earnings at mining and trading group halve as commodity prices soften
ft.com/content/fe139300-fe26-4f09-a4b9-ba4bcd991b37
Transnet woes force Kumba to pull the layoffs trigger, putting 490 jobs on the line
dailymaverick.co.za/article/2024-02-20-transnet-woes-force-kumba-to-pull-layoff-trigger-490-jobs-on-line/
Australia’s Iron Ore Hub Braces for Cyclone Lincoln as Pilbara Ports Clear: A storm near Australia’s main iron ore-mining region is expected to reform into a ...
bloomberg.com/news/articles/2024-02-23/australia-s-iron-ore-hub-braces-for-cyclone-lincoln-as-pilbara-ports-clear
Paid articlePaid
Peabody Energy, Alight, and More Stocks See Activist Investor Action: Starboard Value disclosed a large stake in benefits-services provider Alight ...
on.barrons.com/3T9NqQF
Anglo American to cut thousands platinum jobs in S.Africa: Anglo American said on Monday it plans to cut thousands of jobs after posting a 71% slump in profits ...
iol.co.za/news/south-africa/anglo-american-to-cut-thousands-platinum-jobs-in-safrica-c5dd7c08-f2e7-4310-8894-1bd2f5a5e21e
Quick Glance: Anglo American Cuts 3,700 Jobs Amid Price Drop
- Anglo American Platinum plans to cut 3,700 jobs in South Africa to enhance division performance.
- Amplats' profits decreased due to economic uncertainty and a 35% drop in platinum group metals prices.
- Approximately one-fifth of Amplats' total workforce faces job cuts, with an additional 620 contractors under review.
- Anglo American implemented further cost-cutting measures due to prolonged low prices, impacting Amplats' struggles.
Mining Indaba 2024 - The ALSF Urges African Governments to Update Mining Legislation
allafrica.com/stories/202402230254.html
Anglo American shows mining’s old economy problem: Amid falling prices for some industrial metals, the sector is struggling to convince investors of its ...
ft.com/content/90d2d0a5-b5c2-4bf4-becc-681f7a761971
Paid articlePaid
MIND ID, Vale agree on price for planned divestment - Companies - The Jakarta Post
thejakartapost.com/business/2024/02/19/mind-id-vale-agree-on-price-for-planned-divestment.html
High resolution techniques reveal clues in 3.5 billion-year-old biomass: To learn about the first organisms on our planet, researchers have to analyze the rocks ...
phys.org/news/2024-02-high-resolution-techniques-reveal-clues.html
In election year, mines bleed cash, jobs: South Africa's mines are cutting thousands of jobs and paying much less tax, muddying the domestic economic outlook ...
timeslive.co.za/news/south-africa/2024-02-21-in-election-year-mines-bleed-cash-jobs/
$5.4b wipeout for nation’s biggest company: Mining giant BHP — Australia’s biggest company — has wiped billions off the estimated value of its nickel operations ...
news.com.au/finance/business/54b-wipeout-for-nations-biggest-company/news-story/85bb80766850bfc49abee9dbe928c0f9
BHP Iron Ore Train Drivers in Western Australia Vote for 24-Hour Strike Friday: Train drivers at BHP Group Ltd.’s Pilbara iron ore operations in Western ...
bloomberg.com/news/articles/2024-02-12/bhp-iron-ore-train-drivers-vote-for-24-hour-strike-from-friday
Paid articlePaid
Mutated wolves in Chernobyl have developed abilities to fight cancer: The fallout from the Chernobyl nuclear disaster in 1986 continues to be seen in ...
indy100.com/science-tech/mutated-wolves-chernobyl-cancer
Australia's mining rivals partner for 'green iron': Rival miners Rio Tinto and BHP Group said on Feb. 9 they would collaborate on a pilot project to de-carbonize ...
theglobeandmail.com/world/video-australias-mining-rivals-partner-for-green-iron/
Restructuring looms in SA’s PGM sector as companies warn of sharply lower earnings
dailymaverick.co.za/article/2024-02-08-restructuring-looms-in-sas-pgm-sector-as-companies-warn-of-sharply-lower-prices/
AngloGold Ashanti’s malaria initiative is a game-changer: The global company’s malaria prevention programme in Ghana shows how the mining industry can be a force ...
dailymaverick.co.za/article/2024-02-07-anglogold-ashantis-malaria-initiative-is-a-game-changer/
Platinum restructuring could cut 4,000-7,000 jobs: The Minerals Council said on Monday the restructuring of the platinum group metals industry could result in ...
timeslive.co.za/sunday-times/business/business/2024-02-05-platinum-restructuring-could-cut-4000-7000-jobs/
Romania concerned about losing at least USD 2 bln in Rosia Montana gold project litigation
romania-insider.com/romania-considers-losing-rosia-montana-litigation-2024
Freeport positive about permit extension for copper concentrate exports - Companies - The Jakarta Post
thejakartapost.com/business/2024/01/29/freeport-positive-about-permit-extension-for-copper-concentrate-exports.html
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
Rinehart Expands Ecuador Push With Stake in Copper-Gold Project: Australia’s richest woman, Gina Rinehart, has grown her footprint in South America by taking a ...
bloomberg.com/news/articles/2024-04-18/rinehart-expands-ecuador-push-with-stake-in-copper-gold-project
Paid articlePaid
Australia's Rinehart takes stake in Lynas Rare Earths, shares jump: Australia's richest person, Gina Rinehart, become a substantial shareholder in Lynas Rare ...
reuters.com/markets/deals/australias-rinehart-takes-stake-lynas-rare-earths-shares-jump-2024-04-17/
The last women standing in a Serbian village swallowed by mine: The women are nurses, school teachers, students and housewives. They span three generations ...
reuters.com/world/europe/last-women-standing-serbian-village-swallowed-by-mine-2024-04-18/
Climate investors target Japan's top banks, this time on board oversight, sources say
reuters.com/sustainability/climate-investors-target-japans-top-banks-this-time-board-oversight-sources-say-2024-04-15/
Toshiba weighs cutting 5,000 jobs in Japan: TOKYO -- Toshiba is considering cutting its domestic workforce by 5,000, equivalent to about 7% of the total in Japan ...
asia.nikkei.com/Business/Companies/Toshiba-weighs-cutting-5-000-jobs-in-Japan
Paid articlePaid
The iron men with a $3 billion plan to save the planet: Two former Fortescue executives want to reduce the enormous carbon footprint of iron ore ...
smh.com.au/business/entrepreneurship/the-iron-men-with-a-3-billion-plan-to-save-the-planet-20240412-p5fjbq.html
Australia’s ‘iron lady’ builds rare-earth stake in push to secure non-Chinese supply
ft.com/content/5a666f53-b180-45e5-8476-58690db69fed
Australian prosecutors drop billionaire Forrest's case against Meta: Australian prosecutors have discontinued mining magnate Andrew Forrest's criminal ...
reuters.com/technology/australian-prosecutors-drop-billionaire-forrests-case-against-meta-2024-04-12/
Panama election unlikely to shift outlook for First Quantum's copper mine: Prospects are poor for First Quantum Minerals to recover its canceled concession for a ...
reuters.com/markets/commodities/panama-election-unlikely-shift-outlook-first-quantums-copper-mine-2024-04-18/
Barrick's gold production continues to trail estimates: Canadian miner Barrick Gold on Tuesday reported lower-than-expected preliminary gold production for the ...
reuters.com/markets/commodities/barrick-gold-reports-lower-preliminary-gold-copper-output-q1-2024-04-16/
Sibanye cuts more jobs after shutting loss-making Marikana shaft: South Africa's Sibanye Stillwater will close its 4 Belt shaft at Marikana and shed 855 jobs ...
reuters.com/markets/commodities/sibanye-cuts-more-jobs-after-shutting-loss-making-marikana-shaft-2024-04-18/
Australia News Today: M&A Revamp; BHP's Copper Crown; Green Steel: Good morning, it’s Matt here in Melbourne. Today, markets are awaiting the US inflation ...
bloomberg.com/news/newsletters/2024-04-09/australia-news-today-m-a-revamp-bhp-s-copper-crown-green-steel
BASF boss Brudermüller: Germany is not out of the crisis, it is falling behind: Martin Brudermüller imagined his six years at the helm of the German chemical ...
nzz.ch/wirtschaft/basf-chef-brudermueller-2023-haben-wir-in-allen-maerkten-geld-verdient-ausser-in-deutschland-ld.1826608
Chemical industry: BASF launches the world's first electric steam cracker - Golem.de
golem.de/news/chemische-industrie-basf-startet-weltweit-ersten-elektrischen-steamcracker-2404-184321.html
Russian court orders Glencore to pay shares worth 114.8 mln euros in Sberbank lawsuit
reut.rs/3xFhAmv
BASF starts layoff process at Finland site after permit problems: Germany's BASF said on Thursday that it has begun the layoff process at its Harjavalta site in ...
reuters.com/markets/commodities/basf-starts-layoff-process-finland-site-after-permit-problems-2024-04-11/
Japan's MUFG to buy 20% stake in HDFC Bank's IPO-bound arm, reports ET: Japan's MUFG will buy a 20% stake in HDB Financial Services, a non-banking unit of Indian ...
reuters.com/markets/deals/japans-mufg-buy-20-stake-hdfc-banks-ipo-bound-arm-reports-et-2024-04-12/
China’s Tianqi Lithium’s $4bn bet on Chile at risk of backfiring : Strategy is at risk as President Gabriel Boric’s government works to take back control of ...
ft.com/content/cbb6b412-b9aa-480d-bf89-c72bd38c4563
Quick Glance: China’s Tianqi Lithium’s $4bn Bet on Chile at Risk of Backfiring
- Tianqi's investment in SQM in Chile to secure a strategic position in the lithium business is at risk due to President Gabriel Boric's government.
- A joint venture between SQM and Codelco could dilute Tianqi's interests and limit access to lithium resources.
- Countries globally are taking control of critical commodities like lithium, copper, and cobalt, leading to price increases.
- Tianqi is struggling to retain influence in the new joint venture and risks holding shares mainly in a fertilizer company.
Invest DSM clears Drake property for multi-family housing project: The former site of a historic but blighted Drake neighborhood house now belongs to Invest DSM ...
desmoinesregister.com/story/money/business/development/2024/04/11/multi-family-housing-project-coming-to-vacant-drake-neighborhood-site-kingman-blvd/73222384007/
Exclusive: UAE giant eyes majority stake in Vedanta's Zambian mines in expansion drive
reut.rs/3JlSU58
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics