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BHP profits surge 39% — declares 2nd highest dividend on record
BHP, the world’s biggest miner, released results for the second half of 2019 on Monday, announcing an interim dividend for shareholders of 65 cents per share – its second-highest on record. The declared dividend is 10 cents higher than last year, but lower than the 71...
Rio Tinto cuts Pilbara shipment outlook after cyclone Damien
Rio Tinto on Monday lowered its forecast for the volume of iron ore it expects to ship from the Pilbara region in Australia after tropical cyclone Damien hit the country’s west coast. The company said it is resuming operations following the passing of the cyclone and...
Glencore held stocks of 12,797 tonnes of cobalt at end of 2019
Glencore’s Katanga operation in Africa held unsold stocks of 12,797 tonnes of battery material cobalt with a current market value of more than $400 million at the end of last year, statements from Katanga show. Its cobalt stocks at the end of 2018 stood at 3,769...
Il settore minerario peruviano ha subito un rallentamento nel 2019
Peru’s mining sector fell by 0.05% in 2019, a report by the National Institute of Statistics and Informatics shows. According to the government agency, a 0.84% contraction in the metallic mining subsector is to blame for the downfall. In the world’s No. 2 copper...