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May 12, 2021
Grupo Mexico (GMEXICOB.MX) is planning $3.1 billion in new investments for metals refining in Sonora state and power infrastructure for a major mine that will bring cheaper electricity to the isolated Baja peninsula, the company's No. 2 executive told Reuters.
May 12, 2021
WorldPetra Diamonds says it reaches settlement on rights abuse claims Reuters 2 minute read Petra Diamonds (PDL.L) has reached a settlement with claimants at its Williamson mine in Tanzania who accused the firm of being responsible for widespread human rights violations including beatings and detentions, both sides said. Last year, the firm said it was investigating allegations that artisanal miners who trespassed on the firms Williamson mine in Tanzania were detained, beaten and shot at, killi...
May 12, 2021
Wakil Presiden (Wapres) Ma’ruf Amin akan melaksanakan Salat Idulfitri 1442 Hijriah di Pendopo Kediaman Resmi Wapres, Jalan Diponegoro Nomor 2 Jakarta, pada besok Kamis (13/5).
May 9, 2021
Abu Dhabi's General Holding Corp (Senaat) is seeking the merger of Arkan (ARKAN.AD) and Emirates Steel to create United Arab Emirates' biggest steel and building materials company.
May 8, 2021
BMW (BMWG.DE) remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said on Friday.
May 6, 2021
IndiaIndian shares pare gains as coronavirus cases surge past 21 mln Chris Thomas 4 minute read Indian shares trimmed early gains on Thursday as a record surge in domestic coronavirus infections fuelled worries that the second wave of the pandemic could derail a nascent recovery seen in Asias third-largest economy. The NSE Nifty 50 index (.NSEI) was up 0.06% at 14,626.85 by 0503 GMT, while the S&P BSE Sensex (.BSESN) dipped 0.06% to 48,649.57, after an early uptick led by metal stocks on strong...
May 6, 2021
AfricaAnglo American investors approve spin-off of S. African thermal coal Reuters 1 minute read The logo of Anglo American is seen on a jacket of an employee at the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019 REUTERS/Rodrigo Garrido/File Photo Anglo American plc (AAL.L) said on Thursday shareholders had approved the spin-off of its South African thermal coal business into a new company, paving the way for its listing in Johannesburg and London next month. If the...
May 6, 2021
AfricaMiner Sibanye-Stillwaters first-quarter core profit jumps 78% Reuters 2 minute read Mine workers employed at Sibanye Golds Masimthembe shaft operate a drill in Westonaria, South Africa, April 3, 2017. REUTERS/Mike Hutchings South African miner Sibanye-Stillwater (SSWJ.J) on Thursday posted a 78% increase in first-quarter core profit, driven by higher metals prices and improved operational performance. High prices for metals extracted by Sibanye, including gold, platinum, palladium ...
May 6, 2021
Britain's construction sector is seeing the biggest increase in its workload in five years, led by strong demand for housing and the resumption of other projects as the coronavirus pandemic eases, a quarterly survey showed on Thursday.
May 5, 2021
AmericasChilean mining chief warns royalties bill in current form akin to expropriation Fabian Cambero 3 minute read Chiles National Mining Society (Sonami) has warned that a royalty project being discussed in Congress proposes levels of taxation that are "akin to expropriation" and would paralyze investment in the Andean nation. The plan, which proposes a progressive tax of at least 3% on copper and lithium sales, is driven by opposition-party legislators as a way to fund more expansive govern...