The latest chapter in the Simandou case.
Europe Mining News
The company is also said to be mulling a number of investment projects involving a Chinese chemical company.
They have found valuable minerals atop an underwater mountain, which is basically a huge flat-topped mound of some of the scarcest materials on Earth.
Activist investor Elliott's proposals to break up BHP are riddled with “major flaws” and could end up costing far more to implement than they would save, the company said.
New report says despite a slowdown in China, falling mine production will push lead prices higher over the next five years.
EuroChem Group AG, a leading global fertilizer company headquartered in Zug, Switzerland, has selected Veolia Water Technologies’ proven HPD® crystallization technology for its VolgaKaliy Mine Expansion project in Russia’s Volgograd region.
Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have the same ability to defer production until oil prices improve.
With 2,400 listed companies and a market cap of $20 trillion, the NYSE is the biggest exchange in the world. But how do other exchanges compare?
Transaction will see the Tokyo-based trader acquiring up to 100% of the output coming from Bacanora's Sonora lithium project in Mexico.
Shipments will start almost nearly three years after the two countries signed an export deal for peaceful power generation.
Company says the associated risks of spinning off about $22 billion of its US oil assets and listing them in New York would significantly outweigh any potential benefits.
2016 highlights: a year of breakthroughs and setbacks
Coking coal prices gained 86% to $283.10 a tonne this week, the biggest gain in four years.
The following animated chart is based on data and projections from the U.N. Population Division, and it shows the evolving population share by region between 1950 and 2100.
Russia's Federal Security Service is investigating the world's top diamond producer in relation to assets sales dating back years.
Tungsten, tin, tantalum and gold are now also being illegally extracted and traded at sites under the control of armed groups in countries including Myanmar and Colombia.
In case you haven’t already noticed, inflation has been steadily creeping up since July. In February, the most recent month of available data, consumer prices advanced at their fastest pace in five years, hitting 2.7 percent year-over-year.
A UK listed junior exploration company is hoping to switch Chad’s historic focus from black gold to the more traditional metallic variety with ‘potentially nation-building’ projects.
Alrosa, the world’s largest diamond miner by output in carats, has held an auction to sell industrial grade and gem quality natural rough diamonds in the Eurasian Diamond Centre.
The stunning 59.6-carat diamond smashed the $60 million pre-sale estimate set by Sotheby's at Tuesday's auction in Hong Kong.
The world’s No.1 diamond miner by value, reported a 4.9% rise in sales during the third cycle of the year, on the back of a global recovery in prices and demand.
Tom Beck, editor of Portfolio Wealth Global, says if he's learned one thing in the markets, it is that Jim Rogers never misses a big long-term investment thesis, and that Rogers has basically told investors to "forget China, buy Russia."
The new law, which will come into force in 2021, requires importers to ensure their business do not contribute to armed conflicts.
Damage to rail lines in cyclone-hit Queensland have disrupted the shipment of between 15 million and 20 million tonnes of coking coal destined to Asia.
Successful water treatment trials could see final permits to restart Cornwall mine issued before the end of the summer says Vancouver junior Strongbow.