Vedanta misses Q4 profit estimates on lower prices Vedanta reported a 27% drop in fourth-quarter profit on Thursday. Reuters | April 25, 2024 | 6:57 am
Aurubis investing to expand copper output in Bulgaria The Pirdop plant is receiving a total 400 million euros of investment. Reuters | April 25, 2024 | 6:13 am
Teck copper output shoots up on QB mine, profit disappoints Canada’s largest diversified miner saw its copper production jump by 74% in the first three months of the year. Cecilia Jamasmie | April 25, 2024 | 6:11 am
BlackRock says $12,000 copper is needed to incentivize new mines BlackRock has been among the most bullish voices in the copper market for years. Bloomberg News | April 24, 2024 | 7:25 pm
Lower iron, nickel and copper prices weigh on Vale’s quarterly earnings One of the largest iron ore producers in the world, posted a $1.7 billion net profit for the quarter ended in March, while analysts polled by LSEG were expecting a $1.9 billion profit. Reuters | April 24, 2024 | 4:45 pm
Generation drilling finds more copper potential at stalled Marathon project The company is pursuing a multiphase program at the 260-sq.-km Marathon property in Ontario. Henry Lazenby | April 24, 2024 | 4:45 pm
Anglo American confirms non-binding offer from BHP The proposal comprises an all-share offer for Anglo American by BHP. Bloomberg News | April 24, 2024 | 4:26 pm
BHP targets Anglo American in bid valued at $39 billion Takeover would represent the first mega deal among the world’s biggest diversified miners in over a decade. Bloomberg News | April 24, 2024 | 3:39 pm
Power Nickel earns 80% of Nisk project in Quebec, adds polymetallic zone The filing of a resource estimate in November qualified Power Nickel for 30% more in the project to conclude the earn-in agreement. Staff Writer | April 24, 2024 | 11:32 am