November 8, 2022

Agnico Eagle, Pan American to buy Yamana Gold in $4.8bn deal

Gold Fields has terminated its agreement with Yamana after deciding not to raise its offer for the Canadian gold miner.

November 8, 2022

Newcrest approves $140 million expansion of Telfer gold-copper operation

The West Dome Stage 8 cutback should start producing ore in the current quarter and extend Telfer operations into early 2025.

November 7, 2022

Peabody likely to pay dividend in 2023, analyst says

Earnings for Peabody and other coal suppliers have climbed this year amid a global energy crunch that’s driving up demand and prices for fossil fuels.

November 7, 2022

Lithium frenzy sees China ceramics hub refocus on battery metals

Lithium has become super-expensive this year as car and battery manufacturers scour the planet for scarce supplies.

November 7, 2022

Coal India profit soars as shortages drive demand and prices

Company reported a two-fold jump in its second-quarter profit as demand and prices surged.

November 7, 2022

Russia’s Sberbank sues Glencore for $116m over oil supplies

Russia's largest lender is seeking to recover debt and penalties from Glencore Energy UK Ltd over two agreements.

November 7, 2022

Turquoise Hill further delays shareholder meet on $3.3 billion Rio Tinto buyout

The meeting to approve Rio Tinto acquiring 49% of shares of Turquoise Hill has now been pushed back to Nov. 15.

November 7, 2022

Gold Fields won’t raise offer for Yamana Gold after rival bid

Gold Fields is sticking to its offer for Yamana Gold despite Pan American and Agnico Eagle's unexpected and unsolicited $4.8 billion bid.

November 4, 2022

Friday feeding frenzy for mining stocks

Mining stocks in monster rally as copper price surges 8% and gold price climbs nearly $50 an ounce.

November 4, 2022

Musk says Tesla has never contemplated investing in Glencore

The Financial Times recently reported that Tesla had held talks on taking a 10-20% stake in Glencore, but the discussions ended with no deal reached.