BHP-Anglo American potential merger: It’s all about copper

The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba.

Cecilia Jamasmie | April 25, 2024 | 7:52 am

Vedanta misses Q4 profit estimates on lower prices

Vedanta reported a 27% drop in fourth-quarter profit on Thursday.

Reuters | April 25, 2024 | 6:57 am

Aurubis investing to expand copper output in Bulgaria

The Pirdop plant is receiving a total 400 million euros of investment.

Reuters | April 25, 2024 | 6:13 am

Teck copper output shoots up on QB mine, profit disappoints

Canada’s largest diversified miner saw its copper production jump by 74% in the first three months of the year.

Cecilia Jamasmie | April 25, 2024 | 6:11 am

BlackRock says $12,000 copper is needed to incentivize new mines

BlackRock has been among the most bullish voices in the copper market for years.

Bloomberg News | April 24, 2024 | 7:25 pm

Lower iron, nickel and copper prices weigh on Vale’s quarterly earnings

One of the largest iron ore producers in the world, posted a $1.7 billion net profit for the quarter ended in March, while analysts polled by LSEG were expecting a $1.9 billion profit.

Reuters | April 24, 2024 | 4:45 pm

Generation drilling finds more copper potential at stalled Marathon project

The company is pursuing a multiphase program at the 260-sq.-km Marathon property in Ontario.

Henry Lazenby | April 24, 2024 | 4:45 pm

Anglo American confirms non-binding offer from BHP

The proposal comprises an all-share offer for Anglo American by BHP.

Bloomberg News | April 24, 2024 | 4:26 pm

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Grupo Mexico posts 16% drop in Q1 net profit as metals prices fall