Edition:
United States

Barbara Lewis

Russian diamond miner Alrosa wants controlling stake to mine in Zimbabwe

Mar 18 2019

LONDON Russian state-controlled miner Alrosa will assess the quality of Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company's chief executive said on Monday.

Aviva Investors EM fund leads Vale sellers in January: Morningstar

Mar 08 2019

LONDON International mutual funds run by Aviva Investors and Principal Global Investors were among the biggest sellers of Brazilian miner Vale's stock in January, data from Morningstar showed.

BHP buys stake in Canadian firm that extracts emissions from the air

Mar 05 2019

LONDON The world's biggest coking coal producer BHP has bought a $6 million equity stake in a Canadian-based company that sucks carbon dioxide from the atmosphere, as miners' quest to become sustainable and retain ethical investors gathers pace.

Glencore highlights trade as 'foremost risk', others growing

Mar 01 2019

LONDON Glencore said trade barriers are its "foremost risk", but climate, political, legal and other potential dangers have become more pressing for the mining and trading group.

REFILE-Glencore cites trade as its 'foremost risk', others rising

Mar 01 2019

LONDON, March 1 Miner and trader Glencore said trade barriers are its "foremost risk", but climate, political, legal and other risks had become more prominent.

Glencore cites trade as its 'foremost risk', others rising

Mar 01 2019

LONDON Miner and trader Glencore said trade barriers are its "foremost risk", but climate, political, legal and other risks had become more prominent.

Belgian fast-moving 'caterpillar' in deep sea copper, cobalt race

Feb 27 2019

LONDON Belgian group DEME and Canada's DeepGreen are carrying out tests and research to collect nodules containing copper, cobalt and other minerals from the ocean floor, as a race to mine the depths gathers pace.

De Beers says lab-grown diamond wholesale prices fall by up to 60 percent

Feb 21 2019

LONDON Wholesale prices for lab-grown diamonds have fallen by up to 60 percent since De Beers began selling synthetic stones for jewelry in September, CEO Bruce Cleaver said on Thursday, adding margins for the sector would continue to fall.

Anglo American core profit beats, on journey to 'zero harm'

Feb 21 2019

Anglo American reported on Thursday better than expected core earnings, driven by higher copper and coal prices, but said no financial performance was "worth a life" and its biggest challenge was eliminating danger at its mines.

Glencore announces $3 billion buyback plan as profit jumps despite cobalt dip

Feb 20 2019

Weaker cobalt prices dented earnings at Glencore's trading division last year, but strength in other commodities helped the company to post an 8 percent jump in core profit and announce a share buyback program worth up to $3 billion.

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