BlackRock encouraged Anglo to extend talks with BHP Anglo American was encouraged by key shareholders to continue engaging in talks with BHP over its proposed $49.18 billion mining merger. Reuters | May 25, 2024 | 12:37 pm
Copper prices could surge to $40,000, says top trader Andurand The metal has risen almost 20% this year, reaching a record $11,000 per tonne this week. Staff Writer | May 24, 2024 | 9:41 am
Hudbay Minerals closes $402.5 million upsized public offering The net proceeds will be used by Hudbay to accelerate mine pre-stripping activities and mill optimization initiatives at Copper Mountain. Staff Writer | May 24, 2024 | 9:03 am
NGO sues Norway over deep-sea mining plans WWF argues that Norway's decision to allow seabed exploration breaches national law, goes against experts' advice and sets a risky precedent. Cecilia Jamasmie | May 24, 2024 | 3:48 am
Anglo shareholders say BHP should amend structure or sweeten bid Of the investors that Bloomberg spoke to this week, some suggested that BHP should provide a commitment to cover any lost value suffered by the subsidiaries’ new owners. Bloomberg News | May 23, 2024 | 12:16 pm
Aris Mining gains controlling stake in Soto Norte project Aris is starting a pre-feasibility study for the new development plan, which it expects to complete by early 2025. Staff Writer | May 23, 2024 | 11:02 am
Column: Copper squeezed in the United States but China has plenty Weak spot demand, robust imports and rising domestic output have combined to keep China's exchange inventories high. Reuters | May 23, 2024 | 8:47 am
Copper price steadies after biggest decline in almost two years The metal surged to an all-time high above $11,000 a ton on Monday, followed by a slump of 4.1% on Wednesday. Bloomberg News | May 23, 2024 | 8:39 am
Rio Tinto faces lawsuit over Panguna copper mine in Bougainville Villagers are seeking compensation for loss and damage that could reach billions of dollars. Bloomberg News | May 23, 2024 | 8:31 am