April 18, 2017 Freeport, Indonesia work out initial Grasberg exports deal The Indonesian unit is now in the process of obtaining a full export permit.
April 18, 2017 South32 drops $200 million plan to buy Peabody coal mine The miner said it was unwilling to take the steps required to satisfy Australian steel makers to get the approval of the transaction, which would have its major deal since…
April 14, 2017 Chile’s Codelco sets up lithium subsidiary The unit is expected to help speed up the approval of legislation that allows the exploration and exploitation of the country’s vast lithium deposits.
April 13, 2017 Australia greenlights Rio Tinto’s $2.45bn sale of coal mines to Yancoal With the Foreign Investment Review Board’s approval, Rio Tinto is a step closer to fully exit thermal coal.
April 12, 2017 Iron ore, copper price plunge brings carnage to mining stocks Worries about Chinese economy and rising tension surrounding North Korea brings fear trade to mining and industrial metals.
April 12, 2017 BHP brands Elliott’s overhaul proposals as flawed, costly Activist investor Elliott's proposals to break up BHP are riddled with “major flaws” and could end up costing far more to implement than they would save, the company said.
April 12, 2017 Iron ore market keeps getting uglier — prices at lowest since November The commodity is now trading below $70 a tonne and has just suffered its largest one-day percentage decline in over a year.
April 11, 2017 Water scarcity, pollution to take shine off Latin American mining sector In addition to raising costs for miners and delaying certain projects, the focus on the amount of water used by the extraction industry in the region will boost social pressure…
April 11, 2017 BHP Billiton to escalate defence from Elliott with Goldman’s help Analysts expect BHP to argue that a demerged petroleum business would need to fund offshore growth projects by raising debt. It may also contend that a stand-alone division won’t have…
April 10, 2017 Iron ore prices keep falling despite a decrease in China’s inventories After a 85% rise in 2016, iron ore prices are now down 3.2% so far this year, which has placed the commodity in a bear market.
Glencore says key issues remain in Horne smelter talks Glencore has repeatedly come under fire in the province of Quebec due to the pollution that Horne causes in Rouyn-Noranda. January 30, 2026 | 01:25 pm