Private debt funds of $750 million sought for BHP mine bid

Stanmore Resources Ltd. is seeking to borrow a total of $1.1 billion for its acquisition of the Daunia coal mine.

Bloomberg News | September 15, 2023 | 7:35 am

Pará municipal chamber wants Vale to pay $82 million for gold “hidden in copper”

The CPI alleges the company did not declare how much…

Bruno Venditti | September 15, 2023 | 7:21 am

Gold Fields cuts output targets in Chile on project delay

Miner also increased its total capital estimate for Salares Norte…

Cecilia Jamasmie | September 15, 2023 | 3:49 am

Rio Tinto IOC donates $3m to Cégep de Sept-Îles for research and training pavilion

The initiative is part of a collaboration between IOC and…

Staff Writer | September 14, 2023 | 5:21 pm

Codelco chairman calls claims of insolvency risk ‘nonsense’

Pacheco was responding to a report last month from copper…

Reuters | September 14, 2023 | 7:48 am

Grupo Mexico’s Q2 net profit falls 40.5%, copper production hit by Peru’s protests

Grupo Mexico's second-quarter net profit was $611 million, down from the $1.03 billion from the year-ago period.

Reuters | July 27, 2022 | 8:03 am

Glencore sells Yancoal Australia stake in $293m block trade

The sale comes almost a month after Glencore and other shareholders rejected an offer by China's Yankuang Energy to buy the remaining 37.7% of shares in Yancoal.

Reuters | July 27, 2022 | 7:59 am

Rio Tinto slashes dividend as profits take a hit; shares tumble

Rio Tinto reported a 29% drop in first-half profit and more than halved its dividend on Wednesday.

Reuters | July 27, 2022 | 7:55 am

Teck Resources boss to leave after 17 years at top job

Don Lindsay, who will leave by the end of September, led a number of large deals during his time at Teck, but also received criticism from investors over his pay and performance.

Cecilia Jamasmie | July 27, 2022 | 6:48 am