Articles by Melanie Burton and Tom Daly

Waste from Chinese-Owned Nickel Plant Spills into Papua New Guinea Bay

Waste from a nickel plant in Papua New Guinea owned by Metallurgical Corporation of China spilled into the adjacent Basamuk Bay over the weekend, three sources told Reuters on Wednesday. Locals noticed red discharge clouding parts of the bay that …

Australia Mining Firms Report Some Impact from Cyclones as Clean Up Begins

Mining giants Rio Tinto, BHP Group and Fortescue Metals said their Australian operations had suffered some impact after two cyclones hit the country over the weekend, with clean up starting on Monday in the wake of the storms. Cyclone Veronica …

Miller Names New Equity Partners: Hands, Lane, Wheeler, Henderson and Speers

Miller Insurance Services LLP announced that it has boosted its partnership with five internal appointments. With effect from Jan. 1, 2019, James Hands, Charles Lane, Phil Wheeler, Martin Henderson and Ben Speers will be appointed as equity holding partners. Concurrently …

BHP Expects Interruption to Australia Iron Ore Exports After Train Derailment

Mining giant BHP Billiton expects some interruption to its Australian iron ore exports after a nearly 3-km-long train loaded with the commodity was forcibly derailed this week after running away en route to a key shipping hub. BHP said in …

Papua New Guinea Quake Kills at Least 14; ExxonMobil Shuts $19B LNG Plant

Up to 14 people were killed in landslides and by collapsed buildings during a powerful earthquake in the remote Papua New Guinea highlands, police and a hospital worker said on Tuesday, with unconfirmed reports of up to 30 dead. The …

Traders Wary of Metal Financing Risk in China’s Unregulated Warehouses

Shaken by a fraud investigation into metal financing in the world’s seventh-busiest port, banks and trading houses have been made painfully aware of the risks they face storing commodities in China’s sprawling warehouse sector. The probe at Qingdao port centers …