September 18, 2022

OZ Minerals said to seek A$10 billion in potential sale

BHP has been considering raising its bid for OZ Minerals and could increase its proposal as soon as this month.

September 17, 2022

Russia’s secret gem sales are dividing the diamond world

There’s a handful of Indian and Belgian buyers who are snapping up large volumes of Russian diamonds at lucrative terms.

September 17, 2022

Nornickel plans to raise employees’ stake in mining giant, says top shareholder

Nornickel plans to increase the equity holdings of employees and other individuals to collectively comprise 25% of the company, up from 10% now.

September 16, 2022

B2Gold’s drill results from Anaconda point to further growth in Mali

The company has completed about 116,000 metres of drilling on targets near the Fekola mine and the Anaconda area this year.

September 16, 2022

Lula campaign mulls new mining royalties in Brazil, spooking industry

Among the projects that could be affected should Lula win and impose the special royalty rate are a series of Vale-operated iron ore complexes in the Carajas region of northern…

September 16, 2022

BHP weighs boosting $5.6 billion bid for OZ Minerals

BHP may increase its A$25 per share bid for OZ Minerals as soon as this month, Bloomberg sources say.

September 16, 2022

Teck, Agnico team up at San Nicolas copper project in Mexico

A feasibility study for the project is under way and expected to be complete in early 2024. 

September 16, 2022

Turquoise Hill holder Pentwater ups stake, rejects Rio Tinto bid

It has increased its stake in the Canadian miner to 13.77% while rejecting again Rio Tinto’s $3.3bn offer for 49% of Turquoise Hill.

September 16, 2022

Glencore eyes adding lithium to trading business — report

Glencore does not own lithium mines, but has invested heavily in the business of recycling the battery metal this year.

September 15, 2022

US Steel says accelerating headwinds eroding metal demand

Over the last 24 hours, three of the most iconic names in American heavy industry told investors that deliveries are waning across all sectors.