Economic Calendar

Real Time Economic Calendar provided by Investing.com ZA.

BHP posts slide in interim profit lower ore quality from Escondida affect copper earnings

BHP posted an eight percent decline in interim profit today as copper earnings slumped because of declining ore quality at its Escondida mine and a number of production outages globally, said Reuters. Underlying profit from continuing operations for the six months that ended on December 31 fell to $4.03bn from $4.40bn a year ago, said… Read More

Brazil bans upstream mining dams, orders decommissioning by 2021

BRAZIL’S government banned new upstream mining dams in the wake of the Brumadinho disaster which has so far claimed 169 lives, said Reuters. The government also ordered the decommissioning of similar upstream dams by 2021, a development that would impact 50 such installations in Brazil’s mining heartland of Minas Gerais state alone, the newswire said. The… Read More

Picture emerging from Anglo companies saying Charter needs amendment on renewals

KUMBA Iron Ore is concerned that an important aspect of the Mining Charter – gazetted last September – may be difficult to implement which will have an adverse and unintended consequence for the industry, CEO Themba Mkhwanazi said on Tuesday. Mkhwanazi, however, welcomed an aspect of the very latest amendment to the charter which was… Read More

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