Barrick boss slams western funds’ shortsightedness, praises Saudi’s PIFSaudi's PIF has been looking to invest in copper projects across the world, as part of its drive towards funding energy transition projects.Staff Writer | August 15, 2023 | 9:50 am
Azure Minerals rejects $585m takeover bid from SQMThe Australian company rejected the buyout bid received on August…Reuters | August 14, 2023 | 5:05 pm
US Steel soars after it rejects $7.25 billion Cliffs bidCliffs said it submitted the proposal privately on July 28…Bloomberg News | August 14, 2023 | 9:18 am
BHP’s plan to keep coal mine open for 93 years ‘delusional’ BHP is seeking approval from Australia’s government to extend the life of the Peak Downs mine. Bloomberg News | October 6, 2022 | 8:21 pm
LME seeks market opinion on possible Russian metal ban The world's largest and oldest metals exchange highlights three options and requests feedback by market participants by Oct. 28. Reuters | October 6, 2022 | 12:51 pm
Rio Tinto sources Voltalia solar power for South Africa mine Richards Bay Minerals will source from the Bolobedu photovoltaic plant. Reuters | October 6, 2022 | 7:51 am
Surging coal, lithium prices can’t stem sell-off in top 50 mining stocks World’s 50 biggest mining companies have shed $627 billion since hitting highs in March this year even as investors pile into the best performing sectors. Frik Els | October 5, 2022 | 3:40 pm
De Beers rough diamond sales for eighth cycle of the year at $500 million Sales declined 21.6% from the previous Sight but were flat compared to the same period last year. Staff Writer | October 5, 2022 | 12:56 pm
Antofagasta CEO voices concern about recession hitting copper prices Earlier on Wednesday the government cut its 2023 average price estimate to $3.62 per pound, from a previous estimate of $3.92 last July. Reuters | October 5, 2022 | 12:23 pm
Banning Russian aluminum would create uncertainty about LME’s role – Rusal Rusal, the world's largest aluminum producer outside China, is expected to account for 6% of global supplies of the metal this year. Reuters | October 5, 2022 | 9:20 am
Glencore to place Nordenham zinc smelter on care and maintenance The smelter produces around 165,000 tonnes of zinc and zinc alloys per year, according to its website. Reuters | October 5, 2022 | 8:07 am
Vale hires advisors as it assesses ‘value-unlocking alternatives’ Financial Times reported that Vale was in talks to sell a $2.5 billion minority stake in its metals business. Reuters | October 5, 2022 | 8:04 am