UK miners halved investment in the EU after referendum but saw earnings rocket
The UK mining sector has halved its overall investment positions in the EU since the Brexit vote, but earnings have increased by more than £2 billion in that time.
Finance & business
Tenova technology chosen by NLMK Ural
Tenova’s iEAF technology has been awarded a contract by NLMK Ural in Russia.
Roy Hill chooses Epiroc to automate haul trucks
Roy Hill has signed a contract with Epiroc to automate the Western Australian iron ore miner’s mixed fleet.
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Trimble divests majority of Mining Information Systems to Herga Group
Trimble has recently announced that the company has sold its majority ownership of Mining Information Systems to Herga Group.
Fura to acquire additional ruby licences in Mozambique
Fura Gems Inc. has announced that it has entered into a share purchase agreement and non-competition agreements with Gemrock Co. Ltd with which Fura Gems will acquire interests in three ruby mining licences/concessions.
Sales of mining lubricants to soar steadily through 2029
Future Market Insights has reported how the sales of mining lubricants can be expected to soar steadily through 2029, with the coal mining sector accounting for nearly 58% of global market revenues.
Global metals and mining industry M&A deals total US$7.87 billion in December 2019
According to GlobalData, the total metals and mining industry M&A deals in December 2019 totalled US$7.87 billion.
Canada's mining sector at a tipping point
The Mining Association of Canada has released its annual facts and figures report, a document focused on providing a comprehensive overview of current trends in Canada's mining sector.
CRU: how the coronavirus affects global commodity markets
The novel coronavirus (2019-nCoV) is spreading quickly. There are now over 10 000 confirmed infections and the death toll exceeded 200 people on Friday 31 January.
More Finance & business news
The battle for stronger EU conflict minerals legislation
The EU's new regulation prohibiting imports of 3TG from conflict zones is a shadow of its equivalent legislation in the US, but it is a least a foot in the door to ensure greater ethical supply chain due diligence.
Eurasian Resources Group among organisations to agree to sustainable battery value chain
Eurasian Resources Group is among 42 organisations to agree 10 key principles to foster a sustainable battery value chain – part of the Global Battery Alliance’s 2030 vision.
White & Case reviews 2020 mining and metals industry concerns
According to White & Case, growing trade tensions and ESG concerns are the biggest issues for the mining and metals industry in 2020.
Future of Mining event returns to Sydney
The Future of Mining Australia conference will take place in Sofitel Sydney Wentworth from 23 - 24 March.
FLSmidth to adjust workforce
FLSmidth is adjusting the number of employees by approximately 500 as part of the business improvement initiatives announced towards the end of 2019.
Wolters Kluwer to acquire CGE Risk Management Solutions
Wolters Kluwer has signed an agreement to acquire CGE Risk Management Solutions.