China’s booming copper output leaves less space for Codelco

Codelco is shipping less of the metal to China after a burst of new domestic capacity in the Asian nation.

Bloomberg News | November 14, 2023 | 8:40 am

Pakistan drawing Saudi interest in mine stakes, adviser says

Saudi Arabia has shown interest in acquiring government stakes in…

Reuters | November 14, 2023 | 7:51 am

Indonesia, Freeport to finalize investment, mining permit by month-end

Indonesia and Freeport discussed a 10% increase in the country's…

Reuters | November 14, 2023 | 7:37 am

Teck sells coal assets to Glencore, steelmakers for $8.9 billion

Under the deal, which still must be approved by regulators in…

Colin McClelland | November 14, 2023 | 4:33 am

Glencore ready to spin-off coal unit after sealing Teck buy

Glencore will merge Teck’s steelmaking coal business with its own…

Cecilia Jamasmie | November 14, 2023 | 4:03 am

Mega miners are hunting for deals after decade on the sidelines

The industry is flush with cash after last year’s record profits, while boards and managers believe they have the support of key investors after promising to avoid the reckless overspending of the last cycle.

Bloomberg News | January 17, 2023 | 9:39 am

Britishvolt calls in administrators in blow to UK’s EV battery hopes

Backed by Glencore, company was viewed as a key part of the UK’s drive toward an EV manufacturing boom.

Reuters | January 17, 2023 | 8:03 am

Barrick misses gold guidance as output sinks to 22-year low

Barrick produced 4.14 million ounces of gold last year, marking its third straight decline in annual output.

Bloomberg News | January 17, 2023 | 6:49 am

Rio Tinto sees increased volatility as China reopens

The miner, which looks set to keep its position as the world's biggest iron ore producer, said the Gudai-Darri mine is expected to reach its nameplate capacity on a sustained basis during 2023.

Reuters | January 16, 2023 | 2:00 pm