BHP plans to keep its remaining coal after completing mine sales

Efforts to divest BHP’s interests in the Daunia and Blackwater sites in Queensland are ongoing.

Bloomberg News | October 5, 2023 | 2:39 pm

BHP to focus on cost cuts, patient on M&A

For BHP to engage in a buyout, it would need…

Reuters | October 5, 2023 | 2:03 pm

Teck aiming for coal, metals business separation announcement by end of 2023

CEO Jonathan Price said the company is advancing a range…

Reuters | October 5, 2023 | 12:45 pm

Lundin scion leads group raising $500 million for mining fund

Nordic Natural Resources Capital will take “sponsorship” stakes and invest…

Reuters | October 5, 2023 | 11:49 am

Codelco loses CFO in latest blow to world’s top copper miner

Alejandro Rivera resigned as CFO a day after Codelco’s investment-grade…

Bloomberg News | October 5, 2023 | 11:29 am

LME says no sign of metal offloading after report about Rusal

Bloomberg News reported that Russia's Rusal was working on a plan to deliver its aluminium to LME facilities.

Reuters | September 21, 2022 | 7:59 am

BHP coal mine workers in Australian state set to vote on industrial action

Workers at four mines of the BHP Mitsubishi Alliance will vote on strike action over working conditions and job security.

Reuters | September 21, 2022 | 7:43 am

Rio Tinto CEO makes clear that offer is final on giant copper mine

Jakob Stausholm said Rio Tinto will not make any more offers if Turquoise Hill takeover isrejected by minority shareholders

Bloomberg News | September 21, 2022 | 4:39 am

Teck says Elkview outage to cost 1.5 million tonnes in coal production

The Elkview steelmaking coal mine will remain halted for one to two months due to a structural failure of the plant feed conveyor belt.

Cecilia Jamasmie | September 21, 2022 | 3:16 am

Gold Fields confident investors will back $7 billion Yamana deal

“There hasn’t been a major exodus of our top shareholders,” CEO Chris Griffith says.

Bloomberg News | September 20, 2022 | 4:01 pm

Rio Tinto CEO says copper outlook ‘challenged’ in near term

Copper prices are down more than 20% this year as covid-related shutdowns in China, surging power prices in Europe and ongoing inflation in the U.S. and elsewhere hurt demand.

Bloomberg News | September 20, 2022 | 3:56 pm

Russia aluminum giant weighs selling directly on London Metal Exchange

Rusal isn’t under Western sanctions but it’s nonetheless being hit as some big consumers in Europe.

Bloomberg News | September 20, 2022 | 10:43 am

Japan’s JOGMEC, Sojitz invest $9m in Lynas

The miner plans to invest $335 million to expand capacity at its Mt Weld mine.

Reuters | September 20, 2022 | 7:35 am

Fortescue to spend $6.2bn to rid iron ore ops of fossil fuels by 2030

The investment includes installing an additional 2-3 gigawatts of renewable energy generation and battery storage.

Reuters | September 19, 2022 | 4:50 pm

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