Jean-Sebastien Jacques, CEO of Rio Tinto, says he isn't worried about the Chinese economy in 2017 even amidst ongoing restructuring.
Anil Agarwal's attempt to buy £2bn of shares in Anglo American will give him a major say in one of the world's top miners, the FT reports.
LONDON, March 16- Indian billionaire Anil Agarwal said he wants to buy a 2 billion pound stake in Anglo American, a major vote of confidence in the global miner's recovery. Last year, Anglo American's shares gained nearly 300 percent, making it the best performer on the London FTSE as the mining industry recovered from a slump in commodity prices in 2015 and early...
LONDON, March 16- Indian billionaire Anil Agarwal said he was buying a 2 billion pound stake in Anglo American, sending the global miner's shares sharply higher and signaling a possible return to large-scale dealmaking in the sector. Anglo American, which has a market value of around 16.75 billion pounds, refused to comment. Wednesday's announcement of...
China's coal output fell 1.7 percent in the first two months of the year.
Jean-Sebastian Jacques, the CEO of Rio Tinto, speaks with CNBC about the mining industry.
Caspar Rawles of Benchmark Mineral Intelligence says prices for cobalt, which is used in lithium-ion batteries, will remain strong this year.
Spending on growth projects ranks third in priority, delegates and companies said at a mining industry conference in Florida this week. "Companies who said they are going to spend more on capital or do not have a clear dividend policy, they've all been penalized," said Charl Malan, senior analyst at New York- based fund management firm Van Eck Associates.
A strike at the Escondida copper mine in Chile appeared far from ending on Monday as the conflict neared its third week.
Shareholders are pressuring miner Freeport-McMoRan to stand up to the Indonesian government over the U.S. miner's contract.
David Paull, MD of Aspire Mining, says commodity prices are driving the investment propositions for Mongolia.
Analysts say the company's decision to give up its right to replace striking workers at its Escondida mine puts the ball in the union's court.
Ben Clark of TMS Capital addresses the dip in BHP Billiton's share price despite the company having turned the corner.
Rob Brierley of Patersons Securities weighs in on the mining company's results and says its "subdued" outlook.
Daniel Hynes at ANZ explains how steel capacity reduction in China is impacting iron ore prices.
All work has stopped at Freeport-McMoRan's giant copper mine in Indonesia and its workers are planning a demonstration.
Charles Bradford, president of Bradford Research, talks about the reductions in copper supply on the back of strikes at the Escondida mine in Chile.
Gavin Wendt of Minelife says iron ore prices have been surprisingly resilient.
Workers at BHP Billiton's Escondida copper mine in Chile, the world's largest, walked off the job on Thursday.
BHP Billiton on Thursday approved its $2.2 billion share of investment for the second phase of the Mad Dog oilfield in the Gulf of Mexico, as expected.