De Beers names Equinor’s Cook as new CEO
De Beers, the world’s top diamond producer by value, has appointed oil and energy industry executive Al Cook as its new chief executive to replace Bruce Cleaver, who leaves the top job after six…
Anglo American
LIAMforum aims to connect values-driven Gen Z with mining sector
Why is the mining industry struggling to attract young people to replace the droves of older workers who are retiring? Raziel Zisman, a Partner at Whittle Consulting who leads…
Petra Diamonds to resume dividend payouts after three-year turnaround
Petra Diamonds (LSE: PDL) said on Tuesday it would resume paying a dividend and launch a US$150-million debt-cutting plan after stronger prices fuelled by sanctions on Russia’s Alrosa, the world’s…
Chile to redraw constitution following voter defeat
Chile’s national mining association SONAMI has welcomed the weekend rejection of the proposed new constitution for the world’s number-one copper producer, sending lawmakers back to the drawing board to create…
Permitting woes have Chile’s miners feeling ‘under threat’
A rash of permit rejections for mining projects by the new left-wing government has rattled nerves in Chile’s mining industry. First came the rejection of Anglo American’s (LSE: AAL) US$3-billion…
Anglo American’s Quellaveco yields first copper concentrate
Anglo American (LSE: AAL) said on Tuesday it had begun producing copper concentrate at its US$5.5 billion Quellaveco mine in Peru. The mining giant, which has a 60% stake in…
Political changes boost risk for miners in Latin America
Demands for higher revenues from companies, tougher environmental rules and changes to laws have deepened risks across Latin America, index shows.
PDAC 2022: Colombia pushes diversification of mining sector as presidential vote looms – interview
Just ahead of a runoff presidential election in Colombia that will determine current president Iván Duque’s successor, The Northern Miner caught up with the country’s Minister of Mines and Energy,…
Anglo American takes on an industry-first sustainability-linked loan
Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining industry’s first known sustainability-linked financing…
Alrosa nixes dividend as economic sanctions bite
The board of Russian diamond major Alrosa (MCX: ALRS) has suggested shareholders vote to receive no dividend for 2021 during the upcoming general meeting. Alrosa reported a net profit of…
Plunging metals prices expected to rebound in H2 – report
Enduring Covid-19-linked lockdowns in the world’s largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report…
Unions set to intensify Sibanye-Stillwater strike on exec ‘wage wallop’
South Africa’s Association of Mineworkers and Construction Union (Amcu) has resolved to push ahead with intensifying strike action at precious metals miner Sibanye-Stillwater’s (JSE: SSW; NYSE: SBSW) local gold mines….