Copper price above $10,000 as supply worries counter faltering demand Prices of copper have risen 17% this year on fears of shortages. Bloomberg News | May 10, 2024 | 7:58 am
Miners seek exemption from Canadian tax hike to save equity deals Finance Minister Chrystia Freeland’s new budget includes a measure to raise the capital gains tax inclusion rate to two-thirds from one-half. Bloomberg News | May 10, 2024 | 7:51 am
Chile copper output edges down in March, dragged by Codelco Output at Codelco slid 10.1% to total 107,300 metric tons in March. Reuters | May 10, 2024 | 7:32 am
Rio Tinto has not ruled out bid for Anglo American — report While Rio has a smaller market capitalization than rival BHP, it's large enough to make an all-share offer for some or all of Anglo American. Cecilia Jamasmie | May 10, 2024 | 6:45 am
Botswana vows to protect interests in potential BHP-Anglo deal Botswana has not been formally approached by either BHP or Anglo. Bloomberg News | May 9, 2024 | 7:10 am
Panama president-elect rules out First Quantum talks until arbitration dropped Until closure, Cobre Panama was responsible for approximately 5% of Panama's GDP. Reuters | May 9, 2024 | 6:49 am
Sponges, brittle stars likely affected by deep-sea mining – study A recent study found a tenfold increase in tissue necrosis in sea sponges exposed to mining plumes. Staff Writer | May 9, 2024 | 6:06 am
BHP, Ivanhoe Electric team up to hunt for US copper The partnership is structured in two phases: project generation and possible development and operation of mining projects on a 50:50 basis. Cecilia Jamasmie | May 9, 2024 | 5:28 am
M&A won’t alleviate looming copper shortage, Barrick CEO warns For Mark Bristow, BHP's approach to Anglo reinforces the necessity for industry investment in its future. Staff Writer | May 8, 2024 | 9:39 am