Teck jumps on buyback, debt plan after coal sale to Glencore The Canadian mining company said it will buy back as much as $2 billion of B class shares, and distribute roughly $182 million to shareholders. Bloomberg News | July 5, 2024 | 9:26 am
Amman Mineral seeks up to $1.5 billion loan for mine expansion The company currently owns Indonesia's second-largest copper and gold mine. Bloomberg News | July 5, 2024 | 7:56 am
Key China copper premium climbs above zero as orders pick up Copper’s surge to a record on wave of speculative money has run out of steam in recent months. Bloomberg News | July 5, 2024 | 7:30 am
Iron ore price slumps from one-month high as demand concerns persist Although all major Chinese cities have rolled out measures to tackle a prolonged housing crisis, concerns remain about a sustainable recovery. Bloomberg News | July 5, 2024 | 7:23 am
Australian coal stocks rally on Anglo American mine explosion Australian coal stocks are headed for their best week in years. Bloomberg News | July 5, 2024 | 7:15 am
Eramet and Huayou explore EV nickel partnership in Indonesia Eramet is in talks for an ore supply agreement to a high-pressure acid leach plant run by the Chinese firm. Bloomberg News | July 5, 2024 | 7:10 am
Cyanide spill detected near Victoria Gold’s Eagle mine in Canada’s Yukon Territory The comments come hours after Toronto-based Victoria Gold said it hasn’t detected elevated cyanide levels downstream of its property. Bloomberg News | July 4, 2024 | 3:06 pm
Indonesian miner seeks M&A targets in shift from dirtiest coal PT Delta Dunia aims to increase the contribution of lower-emission coal to 28% of revenue by the end of this year. Bloomberg News | July 3, 2024 | 3:28 pm
Endeavour Mining to replace Smurfit Kappa in FTSE 100 index Endeavour makes a quick return to the FTSE 100 index, having been replaced in the benchmark by airline EasyJet Plc at March’s index rebalancing. Bloomberg News | July 3, 2024 | 1:14 pm
Vale picks mining veteran Usmar to lead base metals turnaround The board of the Rio de Janeiro-based miner reportedly chose Shaun Usmar to head Vale Base Metals. Bloomberg News | July 3, 2024 | 1:06 pm
Ivory Coast says Endeavour leak sickened people, killed fish The miner had said a valve ruptured on June 23, releasing 3,000 liters of mud containing cyanide into a canal within the perimeter of its Ity mine. Bloomberg News | July 3, 2024 | 11:03 am
Anglo considers options to sell coal assets after fire The company is still reluctant to abandon the sales process despite the setback, given the strong early interest it received in the mines. Bloomberg News | July 2, 2024 | 11:12 am