January 27, 2025

Fortescue to buy Red Hawk Mining to tap Western Australia ore

The offer price of as much as A$1.20 cash per share implies a fully diluted equity value for Red Hawk of A$254 million ($160 million).

January 27, 2025

GRAPH: What global copper mining’s top tier could look like

The Rio Tinto-Glencore merger appears stalled and a BHP-Anglo American tie-up is indefinitely postponed, but copper mining is already top heavy.

January 27, 2025

Barrick, Mali to start new negotiations on Tuesday

Barrick has temporarily suspended its mining operations in Mali.

January 27, 2025

Nornickel sees up to 3% nickel output increase in 2025

The company sees its nickel output at 204,000-211,000 metric tons in 2025.

January 27, 2025

JSW Group to invest $301m in India copper mines in non-ferrous foray as steel prices dull

The group has won two blocks of copper mines in the eastern mineral-rich state of Jharkhand from Hindustan Copper.

January 27, 2025

Vale shares shed $17 billion as iron ore slump foils turnaround

The miner has lost its rank as Brazil’s third-largest publicly traded company.

January 27, 2025

Discovery Silver to acquire Newmont’s Porcupine operations for $425m

The Ontario mining complex has an annual gold production of 260,000 ounces.

January 27, 2025

Cameco resumes uranium production at Inkai JV in Kazakhstan

Inkai LLP had to temporarily suspend its production activity since 1 January due to absence of required approvals.

January 27, 2025

Activist Ancora to push US Steel to drop Nippon merger and oust CEO

Activist investor Ancora Holdings has built a stake in US Steel and wants the steelmaker to drop its merger agreement.

January 26, 2025

South Africa coal, metal exporters to spend billions on rail

Organizations representing firms including Glencore and a unit of Anglo American are negotiating the terms of the pacts with Transnet.