Grupo Mexico posts 16% drop in Q1 net profit as metals prices fall Earnings were lower copper, molybdenum and zinc prices. Reuters | April 25, 2024 | 8:39 am
BHP-Anglo American potential merger: It’s all about copper The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba. Cecilia Jamasmie | April 25, 2024 | 7:52 am
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
