Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several opportunities earlier this year to discuss potential tie-ups.
Platinum Group Metals Mining News
The miner said its turnaround plan was “on track” as it slashed debt and beat earnings forecasts in the first half of the year.
Shares plunged after miner revealed that output fell almost across the board in the April – June period.
In what seems like an annual event, platinum companies in South Africa are bracing for what could be another year of labour unrest.
Gold's nearly $100 jump early on and copper's 4.5% meltdown split mining investors' Brexit fortunes.
Combined these mining and metal giants are worth $700 billion with operations in every corner of the world.
New report shows China extracted nearly one fifth of its gold reserves last year – the global gold production to reserve ratio is only 3.8%.
A lithium miner joins top ranks of listed mining firms for the first time as the price of the battery ingredient skyrockets.
First time a country partners with privates to boost the development of the industry.
For private capital mining and metals is the riskiest natural resources sector – but only energy beats the returns.
Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.
An official endorsement of such mission would pave the way for several other for-profit space ventures currently in the works.
Improving agriculture with crop-specific satellite images.
Funds will be used to deploy and operate the firm's Earth observation program, known as Ceres.
Monday mayhem as metals rally evaporates and mining's top names are dumped – Anglo's losses since a week ago now 28%, Freeport has plunged 25%.
It’s home to just a half-million people, but the country is not thinking small when it comes to the future of mining.
Confidence returns to mining sector as announced capital outlays surge to $108 billion – greenfield project spending up three-fold in first quarter.
Full voting results will be released on Friday.
Deltion Innovations aims to design a drill that would prospect for water, ice and resources on the moon and beyond.
March survey by McKinsey sees China trumping geopolitical instability, leadership change, terrorism, refugees and euro break-up as risks to global economy.
New report predicts mining's majors will increasingly move away from diversification strategies to concentrate on competitiveness in certain core sectors.
Fresh research shows a new role for bacteria in cycling platinum group metals in soils and sediments, offering a better understanding of how to search for them.
Mining supply returns to pre-strike level but recycling falls.
The miner is completely exiting coal and selling several assets, to focus only on copper, diamonds and platinum.
The move comes only three months after U.S. President Barack Obama signed a space exploitation law.