Middle East
Freeport follows Anglo’s lead: suspends dividend, cuts spending, eyes assets sales
Freeport McMoRan is closing its Sierrita copper mine outside of Tucson, Arizona, and is considering selling minority interests in certain mining assets. Freeport-McMoRan Inc....
Middle East
Turquoise Hill jumps on 2016 guidance
Shares in Turquoise Hill Resources (TSE,NYSE:TRQ) jumped nearly 5% in early trade on Wednesday after the company announced 2016 production and financial guidance for...
Middle East
Turquoise Hill jumps on 2016 guidance
Shares in Turquoise Hill Resources (TSE,NYSE:TRQ) jumped nearly 5% in early trade on Wednesday after the company announced 2016 production and financial guidance for...
Africa
More than 400 jobs to go at South32 manganese mine in South Africa
More than 400 jobs to go at South32 manganese mine in South AfricaSouth32’s Hotazel Manganese Mines (HMM) are located in the manganese rich Kalahari...
Africa
Anglo American to cut 85,000 jobs, dividend and assets in sweeping restructuring
Anglo American to cut 85,000 jobs, dividend and assets in sweeping restructuringAnglo American's overhaul reflects the dire straits the global mining industry is in...
Africa
DRA diamond plant recovers huge diamond at Karowe
Johannesburg based engineer and project delivery company DRA Global has commented that it is pleased and proud that its innovative process plant designs have...
Africa
INFOGRAPHIC: Visualizing Chinese Investment in Africa
We have said previously that Africa is the new land of opportunity for speculators and investors. Although there is no shortage of risks, the...
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