The new Glencore offer is "significantly lower than would be expected in a takeover" and the intention to replace Mick Davis represented “a significant risk” says Xstrata's board.
Glencore International (LSE:GLEN) has postponed its Friday shareholder meeting where voting would have taken place on its proposed $34 billion takeover of Xstrata (LSE:XTA).
Australian trade minister Craig Emerson has said Chinese demand will continue to give support to the country's mining boom despite declines in export prices.
A new working group of national-level mining and exploration associations and transparency-focused NGOs announced today that it has signed a Memorandum of Understanding to improve Canada's transparency regime as it relates to extractive company payments to governments.
Instead of the lauded $6 billion in mining invested forecasted for 2013 earlier this year, SNMPE says the country’s sector will attract about $4 billion.
Scientific American provides a detailed, hypothetical response to the question which has no doubt crossed the mind of anyone involved with the mining sector - how long before the Earth's bounty of resources runs out?
An alleged unit from the Revolutionary Armed Forces of Colombia, or FARC, blew up Tuesday heavy equipment at the Colombian coal mine Cerrejon, in the northern province of La Guajira, part owned by BHP Billiton.