Anglo’s second largest investor demands BHP bid revisionPetition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline.Cecilia Jamasmie | May 22, 2024 | 3:33 am
Hudbay Minerals to raise $300 million in bought deal equity offeringThe offering will help fund near-term growth initiatives at its…Reuters | May 21, 2024 | 2:35 pm
Sandvik, Glencore explore second life for BEV batteries with energy storage pilotThe energy storage pilot is expected to support mine services…Staff Writer | May 21, 2024 | 8:18 am
Ivanhoe Mines arranges $370 million private placement The proposed financing will see Ivanhoe offer approximately 41.66 million Class A common shares for sale at C$12.00 each. Staff Writer | December 13, 2023 | 12:08 pm
Vale’s ex-president seeks to avoid trial for Brumadinho Fábio Schvartsman may avoid trial for the dam collapse that killed more than 250 people in 2019. Staff Writer | December 13, 2023 | 9:14 am
Glencore to update climate plan in 2024 after investor pressure More than 30% of Glencore's investors, including BlackRock, rejected the company's climate report at its annual meeting in May. Reuters | December 13, 2023 | 8:19 am
Thungela says “not yet” cutting jobs despite production curbs The company plans to re-deploy staff to new projects that will start producing next year. Reuters | December 13, 2023 | 8:16 am
Antofagasta, union extend talks to allow contract vote If the two groups fail to come to an agreement, workers will go on strike beginning on Dec. 19. Reuters | December 13, 2023 | 8:13 am
Record resources deals rescue a dim year for Australian bankers About $A111.3 billion of energy and mining deals have been announced in Australia year-to-date, accounting for almost half of all transactions in the country. Bloomberg News | December 12, 2023 | 5:34 pm
Barrick says outside actors to blame in new abuse allegations at North Mara in Tanzania Barrick has repeatedly said in letters to MiningWatch that the company and the mine haven’t conducted forced evictions. Colin McClelland | December 12, 2023 | 12:53 pm
Boliden plans to restart Europe’s biggest zinc mine in second quarter of 2024 The company is planning to resume wage negotiations with around 650 employees at its Tara operation in Ireland. Reuters | December 12, 2023 | 7:46 am
Rio Tinto says it is optimistic about China’s growth The comments came as China's economy has struggled to mount a strong post-pandemic recovery amid a deepening housing crisis. Reuters | December 12, 2023 | 7:32 am