UK’s FTSE 100 hits record high as favourable data boosts sentiment Anglo American jumped 3.2% after Reuters reported that Glencore was mulling an approach for the miner. Reuters | May 3, 2024 | 7:25 am
Anglo CEO meets South Africa mines minister after BHP’s takeover proposal CEO Duncan Wanblad is meeting minister Gwede Mantashe for the first time since rejecting BHP's $39bn takeover bid last week. Reuters | May 3, 2024 | 6:46 am
Glencore studying an approach for Anglo American Development could spark a bidding war for the 107-year old mining company. Reuters | May 2, 2024 | 1:26 pm
MP Materials reports wider-than-expected Q1 loss on weak rare earth prices The company reported adjusted loss of 4 cents per share, compared with analysts' expectations of a loss of 2 cents per share. Reuters | May 2, 2024 | 1:15 pm
Hudbay sees BHP’s bid for Anglo boosting copper assets CEO says BHP's bid has increased the valuation of copper assets. Reuters | May 2, 2024 | 1:03 pm
Brazil’s mining sector revenue jumps 25% in first quarter The country's mining exports between January and March grew 11.3% year over year. Reuters | May 2, 2024 | 10:46 am
Zimbabwe’s sole nickel mine placed under administration Zimbabwe's government owns 70% of Bindura Nickel Corporation's Trojan mine. Reuters | May 2, 2024 | 9:35 am
Harmony Gold reports fatality at Mponeng mine Mponeng is the deepest shaft in the world, with a depth of 3,891 metres. Reuters | May 2, 2024 | 9:07 am
Albemarle may lower capex if lithium prices stay low The company needs to spend at least $1 billion a year to maintain its assets, its CEO said. Reuters | May 2, 2024 | 8:44 am
Column: High-flying zinc shrugs off European smelter restarts Zinc is being buoyed by the broader flow of investment money into the base metals sector. Reuters | May 2, 2024 | 8:35 am
Alrosa says output stable amid Western sanctions The Russian finance ministry said last month that Russia will regularly buy diamonds from the sanctions-hit producer through a state fund. Reuters | May 2, 2024 | 8:05 am
Sumitomo Corp net profit down 32% on Madagascar one-off loss Sumitomo booked a total of 150 billion yen one-off losses on four problematic operations, including the Ambatovy nickel project in Madagascar. Reuters | May 2, 2024 | 5:21 am
