Lure of Anglo’s copper mines could test BHP’s spending resolve
BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.
Molycorp Inc. (MCP) reported that more than three-quarters of the Phase 1 rare-earth production at its flagship California manufacturing facility has been committed, helping the rare-earth mining company meet its allocation target for last year.
