Smaller miners’ hunger for cash grows as copper prices fall, sparking M&A betsCopper M&A more than doubled in 2022 to $14.24 billion from the previous year, according to an S&P Intelligence report.Reuters | July 24, 2023 | 3:19 am
CHARTS: Value of world’s 50 biggest mining companies slump $356bn from post-pandemic peak MINING.COM’s ranking of world’s biggest miners welcomes the first Indonesian…Frik Els | July 21, 2023 | 2:35 pm
Glencore expects 2023 trading unit profits of up to $4 billionThe group left its overall 2023 guidance for copper unchanged…Reuters | July 21, 2023 | 7:33 am
World’s top jewellery maker Pandora ditches mined diamonds The Pandora Brilliance collection, to be launched across US and Canada, is also the first crafted with 100% recycled silver and gold. Cecilia Jamasmie | August 16, 2022 | 3:49 am
BHP hits profit record and sees demand healing in China The world's largest miner by market value said coal and copper prices have risen in the recent months due to tight supply and geopolitical tensions. Bloomberg News | August 15, 2022 | 3:41 pm
Anglo coal spinoff weighs acquisitions after record profit Thungela Resources is searching for assets to buy after first-half profit surged on record-high fuel prices. Bloomberg News | August 15, 2022 | 10:30 am
Harmony Gold reports mine fatality The incident took place on Saturday at its Moab Khotsong mine. Reuters | August 15, 2022 | 9:25 am
Billionaire behind big nickel short plans to sell steel assets Tsingshan Holding Group is in advanced talks to sell some of its stainless-steel assets in Indonesia. Bloomberg News | August 15, 2022 | 8:21 am
S.African coal exports to Europe surge, shipments to Asia decline South Africa's coal sales to Europe rose eight-fold during the first half of 2022 compared with last year. Reuters | August 15, 2022 | 7:47 am
Vale fined $17m for Brumadinho tailings dam disaster Brazil's comptroller general decided the miner failed to present reliable information on the conditions of the tailings dam prior to the 2019 disaster. Reuters | August 15, 2022 | 7:42 am
Lundin weighs sale of $1 billion copper-zinc mine in Portugal The Neves-Corvo mine produced 7,867 tonnes of copper and 20,647 tonnes of zinc in the April-June period this year. Bloomberg News | August 15, 2022 | 7:37 am
Turquoise Hill rejects Rio Tinto’s $2.7 billion takeover offer Decision blocks Rio Tinto’s efforts to gain greater control of the giant Oyu Tolgoi copper-gold mine in Mongolia. Cecilia Jamasmie | August 15, 2022 | 3:40 am