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.

April 25, 2024

Newcore hikes Enchi gold project value 75% on higher forecast output, bullion price

The NPV of the Enchi gold project in Ghana has increased by three quarters over the prior 2021 assessment.

April 25, 2024

Copper price rally resuscitates world’s worst-performing currency in the first quarter

The Chilean peso is up 3.4% in April, the only currency to have risen against the dollar in the month.

April 25, 2024

Marex Group’s IPO raises $292 million

Marex is one of the largest dealers on the London Metal Exchange.

April 25, 2024

BHP-Anglo American potential merger: It’s all about copper

The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba.