Anglo American’s battle with BHP worries a corner of EnglandAnglo will scale back investment in the Yorkshire mine, which employs about 2,000 people from one of the UK’s highest unemployment rate areas.Bloomberg News | May 17, 2024 | 4:25 am
BHP needs to bid about $41 a share for Anglo, JPMorgan saysAnglo American has turned down BHP’s bids twice since April…Reuters | May 17, 2024 | 4:03 am
Anglo American has sought fertilizer partners for months, says CEOWoodsmith, on which the miner announced a $1.7 billion writedown…Reuters | May 16, 2024 | 9:46 am
Lynas attains first feed for Kalgoorlie project The mixed rare earth carbonate from the facility will be introduced to the Lynas Malaysia plant commencing late in the March quarter. Reuters | December 6, 2023 | 1:32 pm
Brazil says talks on compensations over Vale-BHP dam burst are halted There is still no date for the negotiations to resume as the companies have refused to submit a new proposal. Reuters | December 6, 2023 | 12:38 pm
Chile targets million-tonne copper boost in tightening market President Gabriel Boric has set a goal of raising Chile’s production by 1.04 million metric tons by 2026. Bloomberg News | December 6, 2023 | 11:09 am
Tycoon Agarwal’s India zinc arm to pay $305 million in dividends Hindustan Zinc has been doling out dividends despite a tight net cash position. Bloomberg News | December 6, 2023 | 9:47 am
Surge in lithium stocks raise hope rout in EV metal almost done Tianqi Lithium and Ganfeng Lithium closed up 6.5% and 7%, respectively, in Hong Kong on Wednesday. Bloomberg News | December 6, 2023 | 9:39 am
State auditors recommend Freeport Indonesia be fined for smelter delays In a December 2018 deal, Freeport and Jakarta agreed that the miner would complete the smelter within five years. Reuters | December 6, 2023 | 9:35 am
Trafigura targeted by US and Swiss over corruption The company faces charges for allegedly bribing officials in Angola and has also revealed a US probe into "improper payments" in Brazil. Bloomberg News | December 6, 2023 | 7:33 am
Newmont pours 8,000th gold bar at Musselwhite mine The Canadian operation, which started commercial production in 1997, churned out 173,000 ounces of gold last year. Cecilia Jamasmie | December 6, 2023 | 6:14 am
Hudbay’s plan to boost Copper Mountain output comes at a cost The new 21-year mine plan includes operational enhancements such as remobilizing idle haul trucks, opening additional mining faces, and accelerating stripping to access higher-grade ore. Staff Writer | December 5, 2023 | 5:52 pm