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Rio Tinto to pay largest dividend in its 148-year history: Investors set for a record £6.5bn windfall amid global mining boom By Francesca Washtell For The Daily Mail Published: 22:05 GMT, 17 February 2021 | Updated: 22:05 GMT, 17 February 2021 RioTinto will hand investors the largest dividend in its 148-year history as it cashes … Read more
Mining giants promised bumper payouts to investors after a surge in commodity prices that has fuelled talk of a new ‘supercycle’. BHP will pay shareholders a record half-year dividend of 72p per share after a rally in iron ore prices helped profits rise 17 per cent to £7billion. It means that the world’s biggest miner … Read more
Under the direction of chairman Brian Hall, Great Western Mining Corporation has ‘refocused’ its strategy. Shelved (but not forgotten) is its interest in copper. Instead, the group is concentrating on gold and silver exploration and production in the aptly named Mineral County, Nevada. Crucially, there is cash in the bank to achieve these ambitions. And … Read more
Mining billionaire Ivan Glasenberg quits: Glencore chief retires…and will set up a farm in Lithuania Glasenberg is retiring after almost two decades at the helm of Glencore The South African will step aside by June after an 18-year tenure By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 4 December 2020 | Updated: 21:50 … Read more
Metal pollution left over from mining in the 19th century is weakening the shells of scallops off of the coast of the Isle of Man, a study has warned. Researchers led from York analysed shells from six areas around the island, looking at their thickness, strength and internal mineralogical composition. They said that the seabed … Read more
Mining company Cornish Lithium announces plans to go public in the next two years By Daily Mail City & Finance Reporter Published: 21:50 BST, 18 September 2020 | Updated: 21:50 BST, 18 September 2020 Cornish Lithium said this week it had found ‘globally significant’ deposits of the green metal A mining company that has found … Read more
Shamed Rio Tinto boss axed in Aboriginal mining scandal: But he’s likely to scoop millions in pay and bonuses By James Salmon for the Daily Mail Published: 21:52 BST, 11 September 2020 | Updated: 21:53 BST, 11 September 2020 The shamed boss of Rio Tinto could be paid more than £3,000 a day for another … Read more
NQ Minerals is a project developer and miner with Australian assets that have plenty of near-term appeal. The company is led by an experienced team that includes veteran venture capitalist Walter Doyle, who is CEO, and serial entrepreneur David Lenigas, who chairs the business. Its holdings include the Hellyer mine in Tasmania, the Mount Block … Read more
PUNT OF THE WEEK: Mining investor Metal Tiger’s shares up 66% this year as it prepares for key float By Daily Mail City & Finance Reporter Published: 21:50 BST, 7 August 2020 | Updated: 21:50 BST, 7 August 2020 Mewtal Tiger is an AIM-listed firm that invests in mining companies and projects it thinks are … Read more
Gold mining veteran Peter Hambro has launched an emotional plea to private shareholders, urging them to intervene after the board of the company he created 26 years ago was ousted. He said a vote this week is an opportunity for ‘properly informed’ shareholders to decide the future of Petropavlovsk, worth £1.3billion, after a shock vote … Read more