First Quantum said to be in talks with Jiangxi over Zambian mines

The rumoured negotiations could see Jiangxi buying one of the two mines First Quantum has in Zambia, or a stake in one of them.

Cecilia Jamasmie | January 5, 2024 | 9:03 am

Nippon Steel confident of completing US Steel acquisition

The planned $14.9 billion deal has drawn criticism from Democratic…

Reuters | January 5, 2024 | 3:49 am

Endeavour Mining plunges after firing CEO for serious misconduct

The miner removed de Montessus after discovering an alleged “irregular…

Bloomberg News | January 5, 2024 | 3:21 am

Freeport Indonesia requests export ban exemption beyond May 2024

The company's smelter will not reach full capacity before December.

Reuters | January 5, 2024 | 3:10 am

Buenaventura sees Antofagasta as ally in copper growth plans

While the Lima-based company is known mainly for its precious…

Bloomberg News | January 4, 2024 | 12:43 pm

Rio Tinto starts construction to expand capacity at Quebec aluminum smelter

The $178 million investment will allow more of Rio's aluminium production to be used to make billets from renewable hydroelectric power.

Staff Writer | April 12, 2023 | 11:43 am

Glencore adds Russian aluminum to LME system

Higher stocks of Russian aluminum on the LME are a concern as they could weigh on benchmark prices.

Reuters | April 12, 2023 | 9:21 am

Severe Australian cyclone set to dump rain on big gold mine

Newcrest’s Telfer gold mine is expected to get a deluge of heavy rain later this week.

Bloomberg News | April 12, 2023 | 8:22 am

Hurdles loom for Newmont’s $19.6 billion bid for Newcrest

Macquarie analysts upgraded their Newcrest share price target by 18% on the back of the sweetened Newmont offer.

Reuters | April 12, 2023 | 7:45 am

Newmont, Glencore bids crack into metal industry’s top takeovers

Both deals — if completed — would rank among the top 10 biggest takeovers of metals producers.

Bloomberg News | April 11, 2023 | 1:19 pm

CHARTS: Mining’s top 50 companies top $1.4 trillion value amid M&A fever

World’s top 50 mining companies build on gains in the first quarter of 2023, but remain well below valuations this time last year as M&A fever grips the sector.

Frik Els | April 11, 2023 | 11:28 am

Western Copper confirms $1.7 million investment by Rio Tinto to maintain stake

The investment allows Rio to maintain its approximate 7.84% interest.

Staff Writer | April 11, 2023 | 9:05 am

Kazatomprom sees clients switching from Russia

Some nuclear plants in Europe, which previously sourced uranium from Russia, are seeking contracts from 2025, Kazatomprom CEO said.

Bloomberg News | April 11, 2023 | 7:33 am

Glencore sweetens offer for Teck with $8.2bn cash incentive

Revised bid gives Teck’s shareholders the option to receive cash plus 24% of the metals unit, instead of exposure to coal and oil.

Cecilia Jamasmie | April 11, 2023 | 5:53 am

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