May 17, 2024

BHP needs to bid about $41 a share for Anglo, JPMorgan says

Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company.

May 17, 2024

Zijin Mining to produce 50% more copper by 2028

China's top copper producer plans to increase output of the metal by 4% in 2025 and to 1.5.-1.6m tonnes, or 50%, in four years.

May 16, 2024

Anglo American has sought fertilizer partners for months, says CEO

Woodsmith, on which the miner announced a $1.7 billion writedown a year ago, has the world's largest known deposit of polyhalite.

May 16, 2024

Rusal says board recommends not paying 2023 dividend

Rusal's Moscow-listed shares fell on the news.

May 16, 2024

KGHM on course to update on strategy by end of Q3

The Polish miner is considered a major global producer of copper and silver.

May 16, 2024

Anglo American freezes hiring amid global shake-up

Anglo's decision affects recruitment of non-site-based permanent employees and contractors, while it works on a company-wide restructuring.

May 16, 2024

Chinchillas throw new wrench in Gold Fields’ Chile plans

Gold Fields has 10 days to prove there are no rodents living in the Salares Norte mine area or it will face fresh sanctions.

May 15, 2024

Chile gives Albemarle option to boost lithium quota

To access the higher quota, Albemarle would need to prove the use of sustainable technology such as DLE, among other things.

May 15, 2024

Barrick exceeds targets for GHG reduction in 2023

The gold miner re-used or recycled 84% of its water used in operations, with an 85% recycle rate achieved at its water-stressed sites.

May 15, 2024

BHP shareholders see room for one more sweetened Anglo bid

Shareholders in both companies interviewed by Bloomberg said there was still likely to be some room for a sweetened offer before a May 22 cut-off.