Friday, 4 April 2025

Focus on Mining

meco Corp. reported a loss in its latest quarter as it was hit by charges related to its acquisition of a stake in Westinghouse Electric Co., one of the world's largest nuclear services businesses. A Cameco employee is shown during a media tour of the uranium mine in Cigar Lake, Sask. on Wednesday, Sept. 23, 2015. THE CANADIAN PRESS/Liam Richards
BusinessMiningNewsNuclear Power

Uranium miner Cameco Q1 results show $7M loss and revenue down

Cameco Q1 loss compares with profit of $119m a year earlier, after acquiring Westinghouse Electric Company.

Indian environmental activist Alok Shukla, a recipient of this year's Goldman Prize, speaks at a village meeting in Chhattisgarh state (AFP)
AnalysisCoalIn-DepthMiningPolitics

Indian forest activist at the coalface of mining battle

Alok Shukla has led a decade-long grassroots campaign against some of India's conglomerates seeking to tap one of the country's richest subterranean stores...

Some 600 people were left homeless by the 2015 dam collapse in the southeastern town of Mariana (AFP)
BusinessMiningNews

Mining giants Vale, BHP propose $25 bn settlement over dam collapse

The two companies hope their figure is substantial enough to cover repairs and compensation for 430,000 people affected by Brazil dam collapse.

FILE PHOTO: The Anglo American logo is seen in Rusternburg October 5, 2015. REUTERS/Siphiwe Sibeko/File Photo
BusinessMiningNews

Takeover rules to prevent Anglo from saying much on bid at AGM

Anglo American takeover bid unlikely to be discussed in mining company's AGM due to British law, while BHP considers better offer.

A worker is seen at Anglo American's Los Bronces copper mine in Chile, obtained by Reuters on April 26, 2024.  Anglo American/Handout via REUTERS/ File Photo
BusinessMineralsMiningNews

BHP considering improved proposal for Anglo American after bid was rejected, source says

(Reuters) -BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed...

FILE PHOTO: An aerial view of Anglo American's Los Bronces copper mine at Los Andes Mountain range, near Santiago city, Chile on November 17, 2014.   REUTERS/Ivan Alvarado/File Photo/File Photo
BusinessCritical MineralsMiningNews

BHP Group makes $38.8 billion play for Anglo American, copper in focus

BHP Anglo American takeover would create world's biggest copper miner, with 10% of global output.

The logo of the Canadian mining company Teck Resources Limited is displayed as people visit the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/ File Photo
BusinessCoalMiningNews

Canada’s Teck Resources misses first-quarter profit estimates

Lacklustre steelmaking coal sales blamed for Teck profits disappointment.

FILE PHOTO: FILE PHOTO: A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessMineralsMiningNews

Australia’s Lynas Rare Earths’ Q3 sales revenue falls 58%

Weak prices, increased production in China and slower-than-expected demand growth recovery sees Australian mining company slump in Q3.

FILE PHOTO: A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/File Photo
BusinessMiningNews

First Quantum Minerals cuts debt by over $1 billion in first quarter

The Canadian miner had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt.

Critical MineralsMiningNews

Zijin cooperating with probe after cobalt with radiation recalled

Shipment of cobalt to Democratic Republic of Congo was recalled after above-normal radiation was detected.

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