Panama on Sunday elected Jose Raul Mulino as its new president.

After recently signing a deal for a stake in the Diablillos silver-gold project in Salta province, Central Puerto is committed to getting involved in a second mining venture.

Lawmakers across different parties who backed a contract with First Quantum Minerals have faced a backlash that could hurt their support. 

Goldman Sachs earlier in the day hiked its year-end price target to $12,000 per ton, from $10,000 previously.

President pushed for a review of the 2008 infrastructure for minerals deal with Sinohydro Corp and China Railway Group to bring more benefits for Congo, the world's biggest cobalt producer.

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.

Anglo’s shares are trading about 8% above the price implied by BHP’s initial proposal.

Anglo American jumped 3.2% after Reuters reported that Glencore was mulling an approach for the miner.