Teck Resources beats second-quarter profit estimatesTeck owes the results to its Quebrada Blanca copper mine in Chile and higher copper prices.Reuters | July 24, 2024 | 4:19 am
Hearing date set for October in Rio Tinto class action lawsuit over Bougainville mineOver 4,500 claimants are now seeking compensation over what they…Staff Writer | July 23, 2024 | 4:31 pm
Freeport McMoran plans $7.5bn investment to expand Chile copper mineThe miner also said it expects to submit an environmental…Reuters | July 23, 2024 | 12:33 pm
Brazil wants next Vale CEO to be closer to government The government wants the next CEO to have ties with states, municipalities and regulators. Bloomberg News | May 3, 2024 | 3:33 pm
Kazatomprom uranium sales lag behind production Output came to 7.2 million lb. uranium oxide on an attributable basis, up from 6.4 million lb. last year. Blair McBride | May 3, 2024 | 12:05 pm
Brazil rejects Vale, BHP settlement offer for Mariana disaster Miners had earlier this week presented authorities with an offer to pay $25 billion as reparations for the dam collapse. Bruno Venditti | May 3, 2024 | 9:19 am
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama Rio Tinto and Glencore Plc are focused on waiting for opportunities to snap up specific parts of Anglo’s business as BHP’s bid unfolds. Bloomberg News | May 3, 2024 | 8:27 am
Harmony Gold reports one fatality at Johannesburg mine The miner reported that one of its employees had died at its Doornkop mine. Reuters | May 3, 2024 | 8:21 am
What’s Anglo worth? For now it’s less than the sum of its parts Anglo’s shares are trading about 8% above the price implied by BHP’s initial proposal. Bloomberg News | May 3, 2024 | 7:36 am
UK’s FTSE 100 hits record high as favourable data boosts sentiment Anglo American jumped 3.2% after Reuters reported that Glencore was mulling an approach for the miner. Reuters | May 3, 2024 | 7:25 am
Anglo CEO meets South Africa mines minister after BHP’s takeover proposal CEO Duncan Wanblad is meeting minister Gwede Mantashe for the first time since rejecting BHP's $39bn takeover bid last week. Reuters | May 3, 2024 | 6:46 am
BHP’s high-stakes tilt for Anglo puts regulators in spotlight The proposed $39 billion combination has more than enough components to trigger intense oversight by regulators concerned about implications for market concentration and access to key minerals. Bloomberg News | May 3, 2024 | 4:56 am