Rio Tinto and Glencore spoke for months about deal that was once tabooThe news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.Bloomberg News | January 17, 2025 | 2:40 pm
China ramping up grid spending after green power supply boomFaster grid expansion is going to accelerate demand for copper,…Bloomberg News | January 16, 2025 | 1:49 pm
Value of 50 biggest mining companies drops by $126 billionThe world’s biggest miners are now worth $1.35 trillion after…Frik Els | January 15, 2025 | 11:25 am
Freeport-McMoRan’s profit beats estimates due to rising copper prices Copper prices climbed in the quarter, buoyed by signs of increased stimulus in China. Reuters | January 23, 2025 | 7:06 am
World’s No. 1 cobalt miner sees 2025 output approaching record CMOC gave output guidance at 100,000 to 120,000 tons of cobalt, after producing 114,165 tons in 2024. Bloomberg News | January 23, 2025 | 6:53 am
Korea Zinc chairman retains board control amid takeover battle A Seoul court on Tuesday rejected Korea Zinc's bid to introduce a new voting scheme that would have improved the odds of its own board nominees getting elected. Reuters | January 22, 2025 | 3:33 pm
Port operator DP World weighs $1 billion investment in Peru The company operates the Callao port terminal, the Andean country's largest port. Reuters | January 22, 2025 | 10:53 am
Indonesia pressures commodity firms with earnings rule Indonesia plans to force commodity firms to keep their export earnings onshore for at least a year. Bloomberg News | January 22, 2025 | 9:45 am
Amaroq expands presence in South Greenland copper belt The company has been awarded the Johan Dahl land licence, covering 666.5 km² of the South Greenland copper belt. Staff Writer | January 22, 2025 | 9:16 am
Wiring, energy, geopolitics drive 2025 metals: Sprott Critical metals, uranium and gold will shine this year driven by accelerating deglobalization and energy security demands, Sprott said. Northern Miner Staff | January 22, 2025 | 8:16 am
Zijin vies with Glencore after record year for profits Zijin has grown aggressively in the past decade, becoming a major global copper supplier by building out big new projects in Congo and China. Bloomberg News | January 22, 2025 | 7:59 am
Rio Tinto bets on Trump support for long-stalled Arizona copper mine Rio has faced a 12-year permitting battle to develop the Resolution mine, which could meet 25% of US domestic copper needs. Cecilia Jamasmie | January 22, 2025 | 3:56 am