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South32’s FY Earnings Jump 41%
South32, the miner spun out of BHP Billiton in May, said full-year earnings rose 41% helped by its aluminium and alumina operations. |
Canadian Mining Stocks Outperform Metals Prices
In the second quarter EY’s Canadian Mining Eye index which tracks the performance of 100 TSX and TSX Venture mid-tier and junior companies managed to show gians for the first time in a year. |
Haywood's Mick Carew Explains Why Now is an 'Opportune Time for Consolidation' in the Mining Space
Mick Carew, a research analyst with Haywood Securities, hopes we have found the bottom of the commodity cycle but expects M&A activity to continue apace through the rest of this year and into 2016 as low metals prices force the hands of underfunded management ... |
South32 Survives Mining Sector Slump to Cut $350m in Costs Until 2018
BHP spin-off South32 is looking to cut costs by $350m a year over the next three years and has flagged a first dividend for shareholders for early next year, as part of the new company’s first results, unveiled Monday. |
EY’s Mining Eye Index Climbs First Time in a Year
Professional services firm EY’s Canadian Mining Eye index has gained 4% during the three months ended June, recording a gain for the first time since the second quarter of 2014, compared with a 1% decline in the first quarter |
Worker Dies at Sherritt’s Ambatovy Operation, Madagascar
A contract worker has died from head injuries after being struck by a falling tree at diversified miner Sherritt International’s Ambatovy joint-venture project, in Madagascar. |
Diamond Producer Alrosa to Supply Norilsk with X-ray Slurry Analysers
A subsidiary of Russian diamond major Alrosa has won a tender to supply nickel miner Norilsk with five X-ray slurry analysers. |
First Nickel Locks Gates to Sudbury Mine
When workers at the Lockerby mine in Sudbury, Ontario arrived on shift at 5 a.m. on Thursday, they found the gates locked and the copper-nickel mine idle. |
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