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Profiling the five largest mining companies in the world
Despite being faced with a number of financial and production-based challenges during the coronavirus pandemic, some of the mining industry’s largest firms still rank highly amongst the world’s biggest businesses |
TISCO stainless: first quarter net profit is expected to grow 971.17% to 1305.90%
On April 9, TISCO stainless released its 2020 annual performance express, with total operating revenue of about 67.419 billion yuan, a year-on-year decrease of 4.26% |
Shougang Group: 406% - 457% increase in net profit in Q1, 2021
On April 6, Shougang Group issued the performance forecast for the first quarter of 2021. |
Shagang Group: 83.16% - 174.74% pre growth in net profit in Q1, 2021
On March 25, Shagang Group announced the performance forecast for the first quarter of 2021. |
Ansteel Group: net profit in Q1, 2021 expects 1.35 billion yuan
On March 30, Ansteel Group issued the performance forecast for the first quarter of 2021. |
Anglo American plans to spin off thermal coal assets in South Africa
The miner proposed a demerger arrangement for its thermal coal business in South Africa, giving shareholders a choice over whether to maintain their exposure to the product via a standalone company |
India has record levels of stockpiled coal, lowering the need for new domestic mines
India is currently holding record levels of stockpiled coal, lowering the need for the country to open up new domestic mines, says a briefing note. |
Environmental mine closures and what to do with them
From the perspective of both miners and lawmakers, you have to imagine the spectre of environmental chaos from mine closures – and, of course, the grim headlines that follow – is prodding change along. |
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