Near record high LME prices a magnet for Chinese copper exports China's copper producers are planning to export up to 100,000 metric tons of metal, the largest volume in 12 years. Reuters | May 1, 2024 | 8:26 am
Anglo American takeover price needs to surpass £30/share, survey shows Anglo American shares are trading 8.8% above the value of BHP’s rebuffed takeover proposal. Bloomberg News | May 1, 2024 | 6:58 am
Barrick CEO says not interested in bidding for Anglo American Barrick is in talks to raise at least $2 billion for the first phase of its Reko Diq copper project in Pakistan. Reuters | May 1, 2024 | 6:38 am
Ecuador court puts nail in $3bn copper project’s coffin Licence has not been revoked, which leaves a chance for the Llurimagua project to become Ecuador’s next big copper mine. Cecilia Jamasmie | May 1, 2024 | 5:13 am
Cornish Metals’ UK tin project worth over $200 million The economic assessment of Cornish' flagship South Crofty project outlines a promising financial profile, backing the asset's potential. Cecilia Jamasmie | May 1, 2024 | 3:55 am
Vale concludes sale of 10% of base metals unit to Manara Minerals Manara is a joint venture between Ma'aden and Saudi Arabia's Public Investment Fund. Reuters | April 30, 2024 | 3:36 pm
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake UBS, the adviser for BHP, has begun scheduling meetings with fund managers this week to fine-tune a revised proposal for Anglo. Reuters | April 30, 2024 | 8:20 am
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets BHP Group can't cherry-pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters. Reuters | April 30, 2024 | 8:03 am
Nyrstar to resume zinc production at Dutch smelter in May The Budel smelter, with a capacity to produce 315,000 metric tons per year, was suspended in the second half of January. Reuters | April 30, 2024 | 7:56 am
