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Brandon Craig takes over as BHP chief executive on July 1 amid threatened iron-ore strikes in Australia, a $2.3-billion cost blowout at the Jansen Stage 2 potash project and a febrile M&A backdrop. Investors say cost control is a priority in the inflationary environment, with other major projects including the Vicuna copper joint venture and Copper South Australia also under way.
Office fit-out costs rise on demand for premium spaceTurner & Townsend reports that heightened demand for Grade A office space and supply shortfalls are driving fit-out cost increases across global cities. New York has regained its position as the world's most expensive fit-out market at $5 886/m², while London remained second at $5 872/m² despite a 1% decline.
Barrick Mining weighs London listing for African assetsThe Canadian gold miner is considering a possible London listing for its African business, with a potential all-share transaction with UK-listed Endeavour Mining among options under discussion, sources say. The combined entity could be worth $30-billion in market capitalisation, though no decision has been made and no announcement is expected in the near term.
London Updates
Newly minted BHP CEO Brandon Craig faces a crowded in-tray as he takes mining's top job on July 1, from threatened iron ore strikes and ballooning costs to a potential uranium push and a febrile...
Professional services and management consulting firm Turner & Townsend has highlighted that a combination of a rise in demand for premium, highly amenitised Grade A office space and a shortfall in...
Liquefied natural gas (LNG) prices could rise further in significant volatility than experienced so far during the Iran war if supply disruptions coalesce with hot weather in Asia and European...
The strong ongoing investment demand for platinum is broadening to the minor platinum group metals (PGMs) such as ruthenium and iridium, SFA (Oxford) CEO Henk de Hoop pointed out on Wednesday June...
Europe-based global major aerospace group Airbus has announced the successful first flight of the world’s longest-ranged airliner, the A350-1000ULR. This has been developed at the specific request...
Nigeria's 650 000 bbl/d Dangote oil refinery has a large surplus of jet fuel and can supply the product all over the world, CE David Bird said on Tuesday. With demand on the African continent lower...
Barrick Mining, one of the world's leading gold miners, is weighing a possible London listing for its African business, with a potential all-share transaction with UK-listed Endeavour Mining seen...
The Soweto Cluster definitive feasibility study (DFS) is on track for completion this month, Pan African Resources reported on Monday, June 1 in an operational update ahead of its financial year...
South Africa's Valterra Platinum has managed to maintain healthy inventory levels of critical operational inputs, such as diesel and lubricants, despite uncertainty created by the US-Israeli war on...
The risk of a protracted US-Iran conflict, the accelerating regionalisation of PGM markets, alongside the launch of platinum and palladium futures on China’s Guangzhou Futures Exchange, represents...
Central bank demand for gold has been stronger than previously estimated and is likely to pick up again into 2026, Goldman Sachs said on Friday, after revising its model to account for gaps in...
Emerald mining company Kagem Mining, which is a subsidiary of Johannesburg- and London-listed Gemfields, has donated cutting and polishing equipment to the Gemstone Processing and Lapidary Training...
LONDON – Emirates Global Aluminium is sticking with its investment plans to increase production and recycling of the metal despite the Iran war, the company's chief marketing officer said on...
Aluminium prices are expected to be above $4 000 per metric ton between the third quarter of 2026 and the second quarter of 2027 due to a market deficit caused mainly by the Iran war, an analyst...
Johannesburg- and London-listed metals and mining company Tharisa has signed a five-year contract with underground mining contractor Cementation Africa for the execution of the underground mining...
The traditional global rules-based order is actively being reshaped, with arbitration being pulled into the front lines, and over time, geopolitics, not just the rule of law, determining how...
A definitive feasibility study (DFS) on London- and Toronto-listed Endeavour Mining's Assafou-Dibbango (Assafou) project, in Côte d'Ivoire, has confirmed the the quality and scale of the asset,...
Anglo American has at least three potential buyers for its Australian steelmaking coal business after a sale to Peabody Energy Corp was derailed last year following a fire at one of the mines....
The refined platinum group metal (PGM) production of South Africa’s Valterra Platinum increased by 78% to 778 500 oz in the first three months of 2026 compared with the first quarter of 2025. PGM...
Pragmatic continental and industrial development finance institution, the Africa Finance Corporation (AFC), announced on Monday that it had strengthened its well-established relationship with the...
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