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, Vale reject Brazil steelmaker CSN’s interest, say miner Samarco is not for sale Brazilian steelmaker CSN hired restructuring firm RK Partners to draft a proposal to buy control of Samarco. Reuters | June 21, 2022 | 7:47 am
Glencore unit pleads guilty to bribery in Africa Glencore Energy admitted to paying more than $28 million in bribes to secure preferential access to oil in five countries. Cecilia Jamasmie | June 21, 2022 | 3:48 am
Civil society group flays diamond watchdog over Russia stalemate The United States and Britain have imposed sanctions on Russia's Alrosa, the world's largest producer of rough diamonds, which accounted for around 30% of global output last year, and is partly state-owned. Reuters | June 20, 2022 | 4:20 pm
Brazil steelmaker CSN drafting bid for miner Samarco An agreement may not be easy, according to Reuters sources, due to Samarco's liabilities related to its 2015 disaster in the city of Mariana. Reuters | June 20, 2022 | 9:39 am
Vedanta selling halted copper smelter, four years later The southern Indian state of Tamil Nadu closed it in 2018 after 13 people died when police opened fire on protesters. Cecilia Jamasmie | June 20, 2022 | 4:01 am
Top three Aussie miners to shed $11bn in market value as commodity rout accelerates BHP and Rio Tinto are trading at a one-month low, while Fortescue is at a three-month low. Reuters | June 20, 2022 | 3:43 am
Guinea gives Simandou iron ore mine developers 14-day deadline Guinea has grown increasingly impatient with the companies that control the giant Simandou deposit. Reuters | June 19, 2022 | 10:18 am
Codelco unions ready strike after troubled Chile smelter shuttered Unions had threatened to strike for the past week if the Codelco board did not invest to upgrade the Ventanas smelter. Reuters | June 19, 2022 | 10:08 am
Congo miner threatens to seize cobalt project from Chinese partner Gecamines, which owns 20% of the Tenke Fungurume mine, has accused CMOC of manipulating the project’s finances. Bloomberg News | June 17, 2022 | 10:55 am