BHP workers at Escondida copper mine go on strike

The strike at the world’s largest copper mine began at 8 a.m. Chile time and involves the union’s 2,400 members.

Cecilia Jamasmie | August 13, 2024 | 3:53 am

A $91 billion trade means mining in one of the world’s hottest places

Heatwaves during Australia's most recent summer set new extremes across…

Bloomberg News | August 12, 2024 | 3:38 pm

Union at BHP’s Escondida mine says company made ‘illegal’ offer amid negotiations

The union accuses the company of making an offer outside…

Reuters | August 12, 2024 | 3:33 pm

Lundin hit by worker strike at Caserones copper mine

This year, the Caserones mine is expected to produce 120,000…

Staff Writer | August 12, 2024 | 2:47 pm

Barrick CEO open to being a partner on the Cobre Panama mine

The new government has said the future of the mine…

Reuters | August 12, 2024 | 9:25 am

Sibanye seeks to loosen borrowing restrictions as earnings plunge

Sibanye CEO Neal Froneman said in the update that declining earnings could impact the company's debt covenants.

Reuters | May 10, 2024 | 9:23 am

Rio Tinto has not ruled out bid for Anglo American — report

While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American.

Cecilia Jamasmie | May 10, 2024 | 6:45 am

Anglo American’s South Africa investors open to improved BHP bid

The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer.

Reuters | May 9, 2024 | 2:32 pm

BHP-Anglo American deal raises alarm in Japan’s steel industry

Steelmakers have raised concerns with Australian authorities that BHP could become too dominant in the global supply of coking coal.

Reuters | May 9, 2024 | 7:54 am

Nutrien beats quarterly profit estimates on robust North America demand

An early start to spring planting season in the region helped fertilizer demand.

Reuters | May 9, 2024 | 7:18 am

Nippon Steel sticks to plan to close US Steel deal by year-end

The takeover should bring Nippon Steel's global crude steel capacity to 86 million tons per year, close to its goal of 100 million.

Reuters | May 9, 2024 | 6:58 am

Panama president-elect rules out First Quantum talks until arbitration dropped

Until closure, Cobre Panama was responsible for approximately 5% of Panama's GDP.

Reuters | May 9, 2024 | 6:49 am

BHP, Ivanhoe Electric team up to hunt for US copper

The partnership is structured in two phases: project generation and possible development and operation of mining projects on a 50:50 basis.

Cecilia Jamasmie | May 9, 2024 | 5:28 am

Brazil court rejects requests to block $15.7 billion from Vale, BHP

A substitute federal judge of a court in Minas Gerais state said the issue had already been resolved in the previous ruling.

Reuters | May 8, 2024 | 1:42 pm

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