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As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
BHP Group can’t cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African subsidiaries.
Tuesday, April 30, 2024 - 23:55:06
Anglo spinoffs will ‘very likely’ need South Africa approval
BHP Group Ltd.’s proposal for Anglo American Plc to spin off platinum and iron ore units before a takeover would likely require approval from South African regulators, according to a government agency.
Tuesday, April 30, 2024 - 23:50:50
White House eyes Russian uranium import ban while House bill stalls
The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall, people familiar with the matter said.
Monday, April 29, 2024 - 23:47:05
Ucore says Wicheeda rare earth carbonate suitable for commercial-scale processing
Ucore Rate Metals (TSXV: UCU) has deemed a 26-tonne sample of mixed rare earth carbonate (MREC) from the Wicheeda mine to be suitable for processing on a commercial scale using Ucore’s RapidSX technology. The sample was tested at Ucore’s RapidSX commercialization and demonstration facility in Kingston, Ontario.
Monday, April 29, 2024 - 23:46:03
Iron ore price retreats on weak Chinese industrial data
Iron ore futures prices fell on Monday after weak industrial data in top consumer China and the completion of of pre-holiday restocking by steelmakers ahead of May Day.
Monday, April 29, 2024 - 23:41:46
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China lithium pioneer hands reins to daughter after loss
Jiang Weiping, the founder of major Chinese lithium producer Tianqi Lithium Corp., resigned as chairman after the battery-material producer reported its biggest-ever quarterly loss of more than half a billion dollars.
Tuesday, April 30, 2024 - 23:59:18
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake
Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off bidder BHP, as activist investor Elliott further raised the stakes by increasing its holding in the takeover target.
Tuesday, April 30, 2024 - 23:53:43
Copper price slips as Chinese demand outlook comes into focus
Copper slipped after initially extending gains above $10,200 a ton as traders turned their attention to demand conditions in China.
Tuesday, April 30, 2024 - 23:51:58
Glencore now sees FY trading division profit between $3bn-$3.5bn
Glencore expects profit at its trading division this year to be at the top end of its long-term annual guidance, in an elevated interest rate and high commodity price environment, it said on Tuesday.
Tuesday, April 30, 2024 - 23:49:20
Codelco output keeps falling, underscoring copper struggles
Top copper producer Codelco reported a decline in quarterly output due to lower quality ore at its aging Chilean mines — the latest sign of supply-side struggles that have helped send metal prices to two-year highs.
Sunday, April 28, 2024 - 17:29:39
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Barrick’s Mali mine feeds Russian war machine, advocacy group says
Barrick Gold faced criticism outside its annual general meeting on Tuesday in Toronto for supporting Malian rulers with ties to Russia.
Tuesday, April 30, 2024 - 23:56:50
Gold price fluctuates as market focuses on Fed meeting
Gold wavered as traders looked ahead to a week with a Federal Reserve rate decision meeting and key US jobs data.
Monday, April 29, 2024 - 23:44:28
Iron ore is tight and will pass $100 test in 2024
Iron ore will average more than $100 a ton this year as the worldwide market remains tight, despite China’s property crisis hurting the outlook for steel demand there, according to HSBC Holdings Plc.
Monday, April 29, 2024 - 23:43:23
Marex Group’s IPO raises $292 million
Marex Group Plc and a group of the London-based firm’s shareholders raised about $292 million in a US initial public offering priced within a marketed range.
Friday, April 26, 2024 - 17:19:59
Newmont beats quarterly profit, production estimates on Newcrest assets boost
Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world’s largest gold miner benefited from strong production and higher sales.
Thursday, April 25, 2024 - 17:06:19
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Miner owned by South America’s richest family mulls bond sale
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly two years, people familiar with the matter said.
Friday, April 26, 2024 - 17:16:02
Zimbabwe names new mines minister in mini-reshuffle
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.
Wednesday, April 24, 2024 - 19:15:11
BHP targets Anglo American in bid valued at $39 billion
BHP Group Ltd. proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that would catapult the combined company’s copper production far beyond its rivals while sparking the biggest shakeup in the industry in over a decade.
Wednesday, April 24, 2024 - 16:49:16
First Quantum Minerals cuts debt by over $1bn in first quarter
Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter.
Tuesday, April 23, 2024 - 18:59:12
Airbus wins reprieve from Canadian sanctions on Russian titanium
Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal in the latest package of measures triggered by the war in Ukraine.
Tuesday, April 23, 2024 - 18:45:55
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News Archive

فارسی

ABB commissions world’s most powerful gearless conveyor drive system

ABB commissions world’s most powerful gearless conveyor drive system

Mining News Pro - ABB and mining equipment company TAKRAF have developed a high-powered gearless conveyor drive system that will be installed at the Chuquicamata copper mine in Chile.

Wednesday, September 30, 2020 - 12:15:47 PM

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Esfahan Mobarakeh Steel co.

khuzestan steel

Prices Currency and gold Bourse

ghadir neiriz co

IranAluminaJaajarm

Iran is One of the Key Players in Global Steel Products` Market

Iran is One of the Key Players in Global Steel Products` Market

Iran Must Concentrate on Steel Exports

Iran Must Concentrate on Steel Exports

Iran Is Among the Largest Producers of Steel in Asia

Iran Is Among the Largest Producers of Steel in Asia

Video interview of RR Steel Industry CEO

Video interview of RR Steel Industry CEO

Last year’s budget of IMIDRO was 750 billion IRRs but we only received 160 billion IRRs

Last year’s budget of IMIDRO was 750 billion IRRs but we only received 160 billion IRRs

Danieli`s Big Investment in Iran

Danieli`s Big Investment in Iran

ahan o fulad golgohar

China lithium pioneer hands reins to daughter after loss

Barrick’s Mali mine feeds Russian war machine, advocacy group says

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake

Copper price slips as Chinese demand outlook comes into focus

Anglo spinoffs will ‘very likely’ need South Africa approval

Glencore now sees FY trading division profit between $3bn-$3.5bn

White House eyes Russian uranium import ban while House bill stalls

Ucore says Wicheeda rare earth carbonate suitable for commercial-scale processing

Gold price fluctuates as market focuses on Fed meeting

Anglo spinoffs will ‘very likely’ need South Africa approval

Vale sees no impact from BHP-Anglo deal on Minas-Rio project

Codelco output keeps falling, underscoring copper struggles

Marex Group’s IPO raises $292 million

Implats weighs 3,900 job cuts in South Africa as price rout takes toll

Chile president wants copper output boost of 1Mt by 2026

Brazil iron ore exports seen surging in 2024 if rivers stay high

Australian Strategic gets debt funding for rare earths project

BHP’s bid for Anglo casts cloud over $9 billion fertilizer mine

Anglo’s stumbles have made it prey for mining’s biggest predator

BHP targets Anglo American in bid valued at $39 billion

Airbus wins reprieve from Canadian sanctions on Russian titanium

Polish government drops coal merger idea

Adani kicks off $1.2 billion Indian copper smelter

Chinese miners eye overseas deals after battery metals slump

Iron ore price edges higher on hopes of China’s demand recovery

Iron ore hit by fresh selling as traders fret over China demand

Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2

Gold output falls in Burkina Faso as terrorist attacks increase

Oil and gas upstream M&A deal value hits highest Q1 levels since 2017

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