Newcrest Mining accepts $19.2 billion Newmont takeover deal A deal would likely mark the apogee of a furious five-year consolidation among the world’s largest gold miners. Bloomberg News | May 14, 2023 | 4:26 am
New sponge can remove toxic metals, recover critical minerals from contaminated water Researchers developed a new sponge that can remove heavy metals like lead and cobalt from contaminated water, leaving safe, drinkable water behind. Staff Writer | May 14, 2023 | 4:00 am
Copper price rises despite fears of slowing demand and rising inventories "The market is on pause, but the bears are still in control," said Al Munro, base metals strategist at Marex. MINING.COM Staff Writer | May 12, 2023 | 9:21 am
Teck secures regulatory approval for Zafranal copper project The project in Peru is expected to produce an average of 133,000 tonnes of copper during its first 5 years of production. MINING.COM Staff Writer | May 12, 2023 | 8:33 am
Vedanta posts slump in Q4 profit after metal prices fall Company reported a 68% slump in fourth-quarter profit. Reuters | May 12, 2023 | 7:42 am
China’s copper woes damp spirits of traders in Asia What’s changed is a slew of data indicating that China’s recovery is losing momentum. Bloomberg News | May 11, 2023 | 5:16 pm
Newcrest extends Newmont’s exclusivity period to make binding takeover offer A successful bid would see the two companies merge into by far the world’s biggest gold miner. Staff Writer | May 11, 2023 | 9:47 am
Ivanhoe Electric buys private land by copper project in Arizona The company is saying it will buy 6,205 acres of private land by its Santa Cruz copper project near Casa Grande, Arizona. MINING.COM Editor | May 11, 2023 | 9:35 am
Aurubis raises annual profit forecast on strong demand The company has managed energy costs through forward-hedging. Reuters | May 11, 2023 | 9:27 am