Glencore said on Tuesday it was strong enough to ride out current volatility in commodity market, helping to lift the mining group’s shares by a fifth.
BHP Billiton yesterday released a new Economic contribution and payments to governments Report as part of its long-standing commitment to transparency and voluntary disclosure.
Miner KGHM International said it would cut 48 jobs at its Sudbury operations, in Ontario, as the company puts its McCreedy West mine under maintenance in response to weak commodity prices.
In order to protect its balance sheet in the face of depressed commodity prices, TSX-listed Sherritt International after market close on Thursday announced that the board had decided to suspend the C$0.01 per share quarterly dividend and to implement siginific...
Junior nickel and gold explorer St George Mining has entered into a binding agreement with diversified miner BHP Billiton’s Nickel West division, to acquire the Hawaii and Mt Alexander North nickel projects, in Western Australia.
Diversified mining and marketing company Glencore is taking steps to raise $2.5-billion worth of equity capital by placing shares with existing and new institutional shareholders as well as directors and employees.