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Former Anglo American CEO Mark Cutifani Anglo’s stumbles have made it prey for mining’s biggest predator
Published: 26 Apr 24
When former boss Mark Cutifani left Anglo American in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over to a trusted lieutenant. Anglo stock hit a record the same day. Two years later, the company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP Group is moving in.
The Abujar mine Zhaojin Mining ups stake in takeover target Tietto Minerals
Published: 26 Apr 24
China's Zhaojin Mining Industry has increased its voting power in Tietto Minerals, an exchange filing from the Australian gold miner showed on Friday. Zhaojin Capital, a unit of Zhaojin Mining, has raised its voting power in Tietto to 23.22% from 16.24%, the filing showed.
Image of hydrogen plant Gonfreville-l’Orcher hydrogen production plant, France
Published: 26 Apr 24
The project has been approved.
A group of executives that represent the Mandela Mining Precinct in a photo together at their 5 year anniversary Circular minerals, metals initiative launched
Published: 26 Apr 24
The Mandela Mining Precinct (MMP), with the support of the Department of Science and Innovation’s (DSI’s) Circular Innovation South Africa fund, launched the South African Circular Minerals and Metals Initiative (SACMMI) on April 11. “The aim of the initiative is to support the mining sector in fast-tracking the uptake of circular interventions through science, technology and innovation,” says MMP director Julie Courtnage.
Location map of the Honeymoon uranium project Honeymoon uranium mine, Australia – update
Published: 26 Apr 24
The first drum of uranium has been produced.
Location map of the Madaouela project Madaouela uranium project, Niger – update
Published: 26 Apr 24
GoviEx is in discussions with the government of Niger regarding the start of mining operations.
Iron-ore on a train Rhodes Ridge iron-ore project, Australia – update
Published: 26 Apr 24
The prefeasibility study is advancing.
Image of iron-ore spew Western Range iron-ore project, Australia – update
Published: 26 Apr 24
Construction has surpassed 50%.
Image of iron-ore bucket wheel recalimer South Flank iron-ore sustaining mine project, Australia – update
Published: 26 Apr 24
The project remains on track.
Aerial View of the Simandou project Simandou iron-ore project, Guinea – update
Published: 26 Apr 24
Rio Tinto is continuing to work with its partners to satisfy the outstanding conditions on the project.
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