Turquoise Hill rejects Rio Tinto’s $2.7 billion takeover offer

Decision blocks Rio Tinto’s efforts to gain greater control of the giant Oyu Tolgoi copper-gold mine in Mongolia.

Cecilia Jamasmie | August 15, 2022 | 3:40 am

Stanmore Coal pays Mitsui $380m for full control of Queensland coal mines

Stanmore is buying the remaining 20% stake in the metallurgical coal venture BHP Mitsui Coal in Australia.

Cecilia Jamasmie | August 12, 2022 | 3:49 am

Three executives, including CFO Ayten Saridas and non-executive director Keith Marshall, are on the way out.

Cecilia Jamasmie | August 11, 2022 | 3:44 am

The Australian miner said BHP's unsolicited offer did not appreciate the growth potential of its copper and nickel assets.

Cecilia Jamasmie | August 8, 2022 | 3:44 am

Chief executive Shaun Day said the London-listed company was reviewing the opportunity to “get the best of both worlds.”

Cecilia Jamasmie | August 3, 2022 | 6:27 am

CEO Chris Griffith told MINING.COM there is still some pushback on the premium, but said shareholders are starting to understand the strategy.

Cecilia Jamasmie | August 2, 2022 | 3:41 am

The miner will object the draft decision as it relies on a ban on uranium mining, which is being contested separately through arbitration.

Cecilia Jamasmie | July 26, 2022 | 3:58 am

It said that offers to date for the metallurgical coal project in Queensland, Australia, have been unacceptable.

Cecilia Jamasmie | July 25, 2022 | 3:49 am

The deep ocean contains the largest estimated deposits of minerals on the planet, potentially worth trillions of dollars.

Bloomberg News | July 18, 2022 | 7:52 am