BHP needs to bid about $41 a share for Anglo, JPMorgan says Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company. Reuters | May 17, 2024 | 4:03 am
Zijin Mining to produce 50% more copper by 2028 China's top copper producer plans to increase output of the metal by 4% in 2025 and to 1.5.-1.6m tonnes, or 50%, in four years. Cecilia Jamasmie | May 17, 2024 | 3:56 am
Hot commodity silver sets pace as demand and deficit drive rally Silver has soared by almost a quarter in 2024, outpacing gold and making it one of the year’s best-performing major commodities. Bloomberg News | May 16, 2024 | 5:18 pm
Biden open to easing sanctions on billionaire Gertler in return for Congo exit The Treasury Department is willing to grant limited sanctions in return for Gertler relinquishing his royalty streams on three strategic projects. Bloomberg News | May 16, 2024 | 3:24 pm
Muddy Waters won’t compensate its nominees on Mayfair Gold as shareholder vote looms The short seller is seeking to replace Mayfair's current board and replace its members with its own executives. Reuters | May 16, 2024 | 1:50 pm
US to offer up to $3.4 billion for nuclear fuel makers in June In addition to Centrus, companies that could benefit from the spending include ConverDyn. Bloomberg News | May 16, 2024 | 1:39 pm
Cochilco raises 2024, 2025 copper price estimates The commission sees average copper prices this year at $4.30 a pound, from $3.85 a pound before. Reuters | May 16, 2024 | 11:35 am
Rinehart asks Australia’s national gallery to take down her portrait The portrait is displayed alongside that of 20 other famous people in a single exhibition at the National Gallery of Australia. Staff Writer | May 16, 2024 | 11:31 am
LME warehouse queue returns after jump in aluminum orders The cancellations come after more than 600,000 tons of aluminum was delivered into Port Klang in the past week. Bloomberg News | May 16, 2024 | 9:53 am
