South African unions urge Anglo holders to reject BHP bid BHP’s proposal includes a plan for Anglo to spin off its Johannesburg-listed platinum and iron ore units before an eventual takeover. Bloomberg News | May 7, 2024 | 7:48 am
Tycoon Agarwal’s India zinc unit to pay $506 million dividend to ease debt burden Hindustan Zinc said it plans to pay 42.25 billion rupees in interim dividends, potentially aiding parent Vedanta Resources' deleveraging plans. Bloomberg News | May 7, 2024 | 7:22 am
Copper price touches $10,000 again as Goldman sees ‘stockout’ risk Goldman raised its year-end price target to $12,000 a ton, from $10,000 previously. Bloomberg News | May 7, 2024 | 7:09 am
BHP insists Anglo American’s South African assets must go in any takeover BHP sees advantages for South Africa in a distribution of Anglo American stakes in Amplats (78.6%) and kumba Iron Ore (69.7%). Reuters | May 7, 2024 | 4:46 am
First Quantum hopes new Panamanian leader brings fresh look to disputed copper mine Analysts see the election result as a positive development for the Cobre Panama mine. Reuters | May 6, 2024 | 2:30 pm
Grid Metals increases resource by a third at copper-nickel project in Manitoba The combined indicated open pit resources increased by 12.4 million tonnes or 37% to 46.2 million tonnes. Staff Writer | May 6, 2024 | 10:37 am
Osisko Metals updates resources at Copper Mountain deposit The deposit is believed to be the largest undeveloped copper asset in Eastern North America, said Osisko. Staff Writer | May 6, 2024 | 10:34 am
BHP bombshell puts South African mining in a hole South African officials have so far given BHP’s proposal a mixed reception. Reuters | May 6, 2024 | 9:51 am
Manara Minerals’ team in Pakistan for talks on Reko Diq stake The project is considered one of the world's largest underdeveloped copper-gold areas by Barrick. Reuters | May 6, 2024 | 7:32 am
