BHP

BHP Billiton appoints mining top dogs at South 32 spinoff

South Africa/Australia/UK - BHP Billiton today announced the appointments of Frank Cooper, Peter Kukielski, Ntombifuthi (Futhi) Mtoba and Wayne Osborn to the board of...

Boart Longyear team marks two years LTI-free in Australia

A “safety first” approach has made it two safe years and counting for Boart Longyear’s team at Northparkes Mines in New South Wales, Australia. The...

Zambia mining tax deals heavy economic blows, review welcomed

Zambia - The combination of the new Zambia mining tax and weak copper prices is dealing heavy blows to Zambia’s economy. As such it is...

DRC mining code: proposed changes will ruin the industry

Democratic Republic of Congo (DRC) – The DRC’s Chamber of Mines has warned the government that its proposed changes to the DRC mining code...

Freeport-McMoRan cuts quarterly dividend to $0.05 per share

US - Freeport-McMoRan, or FCX, the US-based natural resources company, are tightening the purse strings after declaring a low cash dividend of $0.05 per share from...

Ivanhoe Mines sells 9.9% stake in operations

Southern Africa – TSX-listed Ivanhoe Mines announced on Monday that China-based Zijin Mining Group will be acquiring a significant minority stake of 9.9% in...

First Quantum Minerals – Agreement on EBITDA covenant

Zambia - TSX and LSE-listed base metals miner First Quantum Minerals (FQM) last week announced that the required threshold of syndicate banks have agreed...

Kinsevere copper mine: a major asset for MMG after 3 years

Democratic Republic of Congo - Today (20 March) marks three years since MMG acquired the world-class Kinsevere copper mine in the Katanga Province of...

DRC’s territorial reform raises taxation, civil-war risks in Katanga

Democratic Republic of Congo - Law firm ENS warns that a new law signed into effect by President Joseph Kabila on March 2, 2015,...

Las Bambas acquisition key to MMG’s sustained growth

Peru - International copper mining company MMG, which acquired the Las Bambas copper project in Peru in a joint venture from Glencore Xstrata in April...

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