April 26, 2024

American Rare Earths rejects $400 million SPAC takeover offer

The company's 100%-owned US subsidiary owns Halleck Creek, one of the world’s top 10 rare earth projects.

April 26, 2024

Glencore bought aluminum from Rusal worth $1.06bn in 2023

The current contract between the parties expires in 2024.

April 26, 2024

Silvercorp diversifies into South America with $146 million deal for Adventus

Silvercorp said it has the technical capabilities to bring Adventus' El Domo project into production on an accelerated basis.

April 26, 2024

Gold price heads for weekly loss as US inflation concerns sap demand

The precious metal dipped on Friday and is down 2.7% for the week.

April 26, 2024

London’s mining crown under threat from $39 billion Anglo bid

BHP's attempt to swallow up Anglo American is the latest threat to one of the London market’s most-prized sectors.

April 26, 2024

Indian gold flips to premium as price dip lifts demand

Physical gold dealers in India charged premiums this week for the first time in nearly two months

April 26, 2024

Rising copper demand spurs search for alternative climate solutions

CRU, a metals consultant, sees demand increasing about 40% by 2050 even if cleaner technologies aren’t rolled out aggressively.

April 26, 2024

Copper price hits $10,000/t as BHP bid shows tight supply pipeline

The metal has reclaimed the $10,000 threshold for the first time in two years.

April 26, 2024

Iron ore price set for 3rd weekly rise on China demand

The Dalian contract posted a weekly gain of 2% and the Singapore benchmark has risen 1.7% so far.

April 26, 2024

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.