May 8, 2024

M&A won’t alleviate looming copper shortage, Barrick CEO warns

For Mark Bristow, BHP's approach to Anglo reinforces the necessity for industry investment in its future.

May 8, 2024

Lab diamonds just won a battle, not the war

Despite the hype, man-made diamonds only account for 20% of global diamond jewellery sales and analysts expect their price to fall.

May 8, 2024

Lower energy prices help Aurubis’ first-half profit

Group revenue for the first half of the year fell 6% to 8.25 billion euros, roughly in line with expectations.

May 8, 2024

Indonesia says it will extend copper export permits for Freeport, Amman

The current permits are set to expire on May 31.

May 7, 2024

Brazil demands immediate $15.7 billion payment from Vale, BHP for Mariana disaster

The government stated that if this amount is not paid within 15 days, it will petition to block the assets of Vale, BHP, and Samarco.

May 7, 2024

South African unions urge Anglo holders to reject BHP bid

BHP’s proposal includes a plan for Anglo to spin off its Johannesburg-listed platinum and iron ore units before an eventual takeover.

May 7, 2024

Ganfeng seeks full control of lithium mine in Mali

The board of the miner approved the proposal to acquire 40% of the Goulamina project from Leo Lithium.

May 7, 2024

Tycoon Agarwal’s India zinc unit to pay $506 million dividend to ease debt burden

Hindustan Zinc said it plans to pay 42.25 billion rupees in interim dividends, potentially aiding parent Vedanta Resources' deleveraging plans.

May 7, 2024

BHP insists Anglo American’s South African assets must go in any takeover

BHP sees advantages for South Africa in a distribution of Anglo American stakes in Amplats (78.6%) and kumba Iron Ore (69.7%).

May 6, 2024

First Quantum hopes new Panamanian leader brings fresh look to disputed copper mine

Analysts see the election result as a positive development for the Cobre Panama mine.