April 12, 2024

US Steel shareholders approve Nippon Steel’s $14.1 billion takeover offer

Beyond politics, the takeover must still pass a review by the Committee on Foreign Investment in the United States.

April 12, 2024

BHP suspending China portside iron ore sales until April 22 for system upgrade

Industry sources said they did not expect much impact, noting that portside stocks are at high levels.

April 11, 2024

Sibanye-Stillwater to axe 4,000 jobs in gold mines restructuring

The planned restructuring of its loss-making South African gold operations may impact 3,107 employees and 915 contractors. 

April 10, 2024

Tianqi takes another shot at probing SQM-Codelco lithium deal

It’s the latest twist in tensions between SQM and its Chinese shareholder after representatives of the two companies questioned each other’s real motivations.

April 10, 2024

Rio Tinto to invest $9.3 million in technology startups

The focus will be on technologies in the fields of safe mine operations, decarbonisation, exploration processing and automation.

April 10, 2024

Two workers dead at Newmont’s Cerro Negro mine in Argentina

Both teammates worked on the company’s technical services team. 

April 10, 2024

Asante Gold to bid for Newmont’s Akyem mine

Asante’s plan follows calls from Ghana’s government for local ownership of Akyem.

April 10, 2024

Sibanye may seek $500m via metals prepayment deals to boost cash

The precious metals producer saw profits tumble $2 billion last year due to lower metal prices and a reported $2.6 billion of impairments.

April 10, 2024

Amplats says it has received no credible offers for South African assets

Parent company Anglo American prompted the speculation in February when CEO Duncan Wanblad said "nothing is off the table".

April 9, 2024

BHP set to dethrone Codelco as world’s biggest copper producer

As long as BHP’s giant Escondida mine in Chile continues to step up production, the Australian company will nudge past Codelco this year.