Industry warns sovereign risk in Australia is rising

BHP the latest to issue warning over Australia’s competitiveness following Regis gold mine rejection.

Kristie Batten | August 27, 2024 | 4:34 pm

Vale’s CEO announcement to curb market speculation, says chairman

Vale announced Monday that current finance chief Gustavo Pimenta would…

Reuters | August 27, 2024 | 4:16 pm

Fortescue beats dividend payout view, shares rise

The world's fourth-largest iron ore miner said underlying net profit…

Reuters | August 27, 2024 | 4:01 pm

Zijin to miss lithium output target and control pace of projects

In response to the plunge in prices, the company in…

Bloomberg News | August 27, 2024 | 11:18 am

Antam plans to acquire smelter owned by Tsingshan unit

The company is currently expanding its downstream operation.

Reuters | August 27, 2024 | 10:05 am

Nippon Steel’s Mori returns to US this week for talks on US Steel takeover

The deal would give Nippon Steel greater access to the profitable U.S. market and further its long-term financial goals.

Reuters | June 2, 2024 | 12:11 pm

Thyssenkrupp can’t afford delays over future of steel unit, chairman says

Thyssenkrupp's chairman defended a move to sell a stake in the group's steel unit to Czech billionaire Daniel Kretinsky.

Reuters | June 2, 2024 | 12:14 am

China Gold’s Jiama mine in Tibet resumes operations

The copper-gold mine was suspended on March 27, 2023, due to a tailings overflow at the Guolanggou dam.

Staff Writer | May 31, 2024 | 2:35 pm

Glencore’s climate action plan wins more support from shareholders

The new plan published in March included an intermediate target to reduce emissions by 25% by 2030.

Reuters | May 31, 2024 | 6:09 am

Codelco and SQM agree on final lithium deal

Their partnership is expected to start in 2025 and run through 2060, with Codelco overseeing general management as of 2031.

Cecilia Jamasmie | May 31, 2024 | 6:07 am

Indonesia to issue copper export permits for Freeport, Amman

Indonesia banned shipments of all raw minerals from June 2023, but Freeport and Amman were given a year-long dispensation to export their copper concentrate.

Reuters | May 31, 2024 | 6:04 am

Chile hopes SQM-Codelco deal to proceed as planned, finance minister says

The arrangement would see Codelco take a majority stake in SQM’s Atacama salt flat assets in exchange for 30 more years of operations.

Bloomberg News | May 31, 2024 | 3:15 am

Rio Tinto to keep New Zealand aluminum smelter running for another 20 years

The new electricity arrangements include demand response agreements under which NZAS may be requested to reduce electricity consumption by up to a total of 185MW.

Staff Writer | May 30, 2024 | 3:49 pm

Investors relieved BHP walked from $49 billion Anglo takeover deal

BHP’s timing was good but the complexity of the deal requiring demergers and a copper price rally made it difficult to execute, investment officer said.

Reuters | May 30, 2024 | 11:59 am

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