Anglo American rejects BHP’s third bid, extends deadline Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer. Cecilia Jamasmie | May 22, 2024 | 7:03 am
BHP, Kingsrose to jointly explore Norway and Finland Kingsrose has numerous early-stage nickel-copper exploration targets and has secured exploration licences across the two Nordic nations. Staff Writer | May 22, 2024 | 5:46 am
Six new large mines need to come online annually by 2050 to meet global copper demand – study To meet the copper needs of electrifying the global vehicle fleet by 2050, as many as six new large copper mines must be brought online. Staff Writer | May 22, 2024 | 5:25 am
Anglo’s second largest investor demands BHP bid revision Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline. Cecilia Jamasmie | May 22, 2024 | 3:33 am
Peru’s 2024 copper target is realistic, mining magnates say The South American country produced 2.76 million tons of copper last year, dropping its rank from first to second for global production. Reuters | May 21, 2024 | 2:40 pm
Hudbay Minerals to raise $300 million in bought deal equity offering The offering will help fund near-term growth initiatives at its Copper Mountain unit. Reuters | May 21, 2024 | 2:35 pm
Copper’s record rise steadies as demand signals challenge bulls Many participants in the physical trade have been warning that prices were running ahead of signals of underlying market conditions. Bloomberg News | May 21, 2024 | 9:50 am
Solaris ends plan to sell stake to Zijin Mining, cites government rules Canada's government has taken a tough stance specifically on investments from China in critical minerals such as copper, graphite and lithium. Reuters | May 21, 2024 | 9:34 am
Southern Copper eyes start of stalled Peru mine project as soon as this year The company has had permits to build its Tia Maria project for years yet held back because of environmental opposition. Bloomberg News | May 21, 2024 | 7:05 am
