Several of Anglo American Plc’s biggest shareholders say they support the company’s efforts to persuade BHP Group to change the structure of its takeover proposal or compensate for the risks it presents, before accepting any offer.
Sunday, May 26, 2024 - 18:33:10
Australian diversified miner South32 is open to buying Anglo American’s share of two manganese operations the companies jointly own, should they come for sale at the right price, CEO Graham Kerr said on Thursday.
Saturday, May 25, 2024 - 18:29:33
Shares of BHP Group touched a three-month high on Tuesday about 36 hours ahead of a deadline to lodge a formal bid for rival miner Anglo American, which last week rejected a sweetened $43 billion takeover proposal.
Tuesday, May 21, 2024 - 14:25:30
Australia’s Gibb River Diamonds (ASX: GIB) is getting closer to restarting the mothballed Ellendale diamond mine in West Kimberley after being granted three mining leases that are key for the project.
Tuesday, May 21, 2024 - 14:23:12
China’s SDIC Mining Investment Co. is in advanced talks for a significant minority stake in Asia Pacific Potash Corp., according to people familiar with the matter.
Monday, May 20, 2024 - 18:00:27
The aluminum market is caught in a clash between some of the biggest traders and banks, with more than $1 billion of metal changing hands while lengthy queues form at London Metal Exchange warehouses.
Monday, May 27, 2024 - 18:39:42
Iron ore futures prices slid on Monday after some investors and traders liquidated long positions to cash in profits on bets of faltering consumption amid seasonally slack steel demand in top consumer China.
Monday, May 27, 2024 - 18:36:12
Chilean mining company SQM, the world’s second-largest lithium producer, expects to meet a May 31 deadline to finalize a joint venture with state-run miner Codelco, SQM’s chief financial officer Gerardo Illanes said on Thursday.
Sunday, May 26, 2024 - 18:30:49
Thousands of people in Bougainville, an autonomous region of Papua New Guinea, have filed a class action lawsuit against Rio Tinto Plc and its former unit Bougainville Copper Ltd. over what they say is historical mismanagement of the massive Panguna copper mine.
Saturday, May 25, 2024 - 18:27:39
Copper steadied following the biggest drop in almost two years, as Chinese factories balked at paying record prices and Federal Reserve officials made hawkish comments on inflation.
Saturday, May 25, 2024 - 18:23:47
Money managers became the most bullish on gold in more than four years as prices surged to a fresh record earlier this week.
Monday, May 27, 2024 - 18:45:41
At least five people were killed and several others were missing after an informal gold mine collapsed in northern Kenya, officials and local media said.
Monday, May 27, 2024 - 18:43:34
More than 670 people are assumed to have died in Papua New Guinea’s massive landslide, the UN migration agency estimated on Sunday as rescue efforts continued.
Monday, May 27, 2024 - 18:37:33
Record prices of gold and copper are buoying the spirits of mining leaders gathered in the Peruvian capital this week.
Wednesday, May 22, 2024 - 14:48:01
Solaris Resources has scrapped plans to sell a minority stake to China’s Zijin Mining Group because it feared the deal was unlikely to meet Canada’s stringent foreign- investment standards in a timely manner, the Canadian company said on Tuesday.
Tuesday, May 21, 2024 - 14:29:00
US construction company Vulcan Materials on Monday rejected what it considers the “illegal expropriation” of its investments in Mexico and said it remains open to a negotiated solution with the Mexican government.
Monday, May 27, 2024 - 18:44:32
A company owned by Australian mining billionaire Andrew Forrest will no longer develop the world’s biggest hydropower project in Democratic Republic of Congo, according to President Felix Tshisekedi’s office, which has replaced the firm with a Nigerian oil producer.
Wednesday, May 22, 2024 - 14:43:37
Global mining heavyweights including Lundin Mining Corp., Glencore Plc and First Quantum Minerals Ltd. are piling into Argentina as a new government intent on luring foreign investment propels the companies closer than ever to opening up vast copper deposits in the red-hued Andes.
Wednesday, May 22, 2024 - 14:38:08
Suncor Energy Inc. shares rose to an almost 16-year high after the oil-sands producer accelerated plans to ramp up share buybacks, marking a win for activist investor Elliott Investment Management LP.
Wednesday, May 22, 2024 - 14:33:26
China’s central bank added 60,000 troy ounces of gold to its reserves in April, official data showed on Tuesday, extending the period of consecutive purchases to 18 months despite high gold prices.
Tuesday, May 7, 2024 - 22:31:41
Mining News Pro - Red River Resources is continuing to ramp up production at the Hillgrove gold operation in New South Wales after processing its first ore at the site.
Page 1 Of 1