India’s gold imports seen falling as record price prompts jewellery swaps India's gold imports in 2024 could fall by nearly a fifth from the previous year. Reuters | May 22, 2024 | 7:25 am
Anglo American rejects BHP’s third bid, extends deadline Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer. Cecilia Jamasmie | May 22, 2024 | 7:03 am
BHP, Kingsrose to jointly explore Norway and Finland Kingsrose has numerous early-stage nickel-copper exploration targets and has secured exploration licences across the two Nordic nations. Staff Writer | May 22, 2024 | 5:46 am
Six new large mines need to come online annually by 2050 to meet global copper demand – study To meet the copper needs of electrifying the global vehicle fleet by 2050, as many as six new large copper mines must be brought online. Staff Writer | May 22, 2024 | 5:25 am
Anglo’s second largest investor demands BHP bid revision Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline. Cecilia Jamasmie | May 22, 2024 | 3:33 am
Chinese ownership may affect eligibility for Australian critical minerals tax credits, minister says Australia said on Wednesday it would consider Chinese ownership when deciding whether companies qualify for tax credits under a new program of incentives. Reuters | May 21, 2024 | 6:15 pm
Peru’s 2024 copper target is realistic, mining magnates say The South American country produced 2.76 million tons of copper last year, dropping its rank from first to second for global production. Reuters | May 21, 2024 | 2:40 pm
Hudbay Minerals to raise $300 million in bought deal equity offering The offering will help fund near-term growth initiatives at its Copper Mountain unit. Reuters | May 21, 2024 | 2:35 pm
Elliott notches win with Suncor as shares rise to 16-year high Canada’s second-largest oil producer by market value said it boosted spending on share repurchases to 75% of its free funds flow this quarter. Bloomberg News | May 21, 2024 | 1:46 pm