June 8, 2018

Australia’s Mineral Resources okays Atlas talks with other potential buyers

Move comes a day after Fortescue Metals said it had built a stake in Atlas large enough to block a takeover.

June 7, 2018

Australia’s Fortescue takes stake in Atlas Iron, may block buyout

Fortescue said it had agreed to buy a 15 percent stake in Atlas at A$0.04 per share, or A$55.7 million.

June 7, 2018

Rio Tinto signs JV exploration deal with China’s Minmetals

The companies are committed to explore for mineral deposits first in the Asian country and then the rest of the world .

June 7, 2018

OZ Minerals closer than ever to grabbing Brazil-focused Avanco

The takeover offer, which expires next week, offers great exploration potential because Avanco owns a vast landholding in the copper and iron ore-rich Carajás region, second only to giant Vale.

June 5, 2018

About 75,000 jobs to go in Germany’s auto industry because of EVs — study

The country's car industry currently employs about 840,000 people, with 210,000 of them working on powertrain production, the sub-sector set to be the worst hit.

June 3, 2018

World’s No. 4 iron ore miner wants to diversify its portfolio

The CEO of Fortescue Metals Group said that the company is working towards finding other commodities to mine.

June 2, 2018

Rio Tinto completes sale of Australian coal asset

As soon as the sale was completed, Rio received $150 million in cash and is set to get an unconditional cash payment of $50 million due in 12 months.

May 31, 2018

Indonesia’s Adaro says Australia approves Kestrel coking coal mine deal

Under the planned $2.25 billion transaction, Adaro will take a 48 percent stake of Rio's current 80 percent interest in the mine.

May 31, 2018

From chopping block to ‘core,’ Anglo fires up met coal engine

Anglo American Plc is set to boost metallurgical coal capacity at a mine complex in Australia by 25 percent.

May 30, 2018

Gold Fields to set aside acquisitions, sees industry costs rising — CEO

The South African gold producer is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief…