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
US Gold surges after obtaining Wyoming mining permit A 2021 pre-feasibility study gave the project a 10-year mine life, averaging 108,500 oz. of gold equivalent output per year. Staff Writer | May 8, 2024 | 8:44 am
Lower energy prices help Aurubis’ first-half profit Group revenue for the first half of the year fell 6% to 8.25 billion euros, roughly in line with expectations. Reuters | May 8, 2024 | 7:46 am
Indonesia says it will extend copper export permits for Freeport, Amman The current permits are set to expire on May 31. Reuters | May 8, 2024 | 7:22 am
Sierra Metals updates resources for Yauricocha, Bolivar mines The updated mineral reserves and resources confirm the long production history of both assets, Sierra's CEO said. Staff Writer | May 7, 2024 | 8:07 am
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
