May 5, 2024

Vote counting begins in Panama presidential race focused on economy, corruption

Lawmakers across different parties who backed a contract with First Quantum Minerals have faced a backlash that could hurt their support. 

May 5, 2024

Antofagasta’s Centinela project to offer peculiar employment scheme

The Chilean miner is ready to start with the construction of a $4.4 billion second concentrator at its Centinela copper mine.

May 3, 2024

Strong copper price reviving Peru’s mining mojo, minister says

Goldman Sachs earlier in the day hiked its year-end price target to $12,000 per ton, from $10,000 previously.

May 3, 2024

Congo’s $7 billion infrastructure deal with China will depend on copper prices

President pushed for a review of the 2008 infrastructure for minerals deal with Sinohydro Corp and China Railway Group to bring more benefits for Congo, the world's biggest cobalt producer.

May 3, 2024

BHP’s biggest rivals sit on the sidelines of Anglo M&A drama

Rio Tinto and Glencore Plc are focused on waiting for opportunities to snap up specific parts of Anglo’s business as BHP’s bid unfolds.

May 3, 2024

What’s Anglo worth? For now it’s less than the sum of its parts

Anglo’s shares are trading about 8% above the price implied by BHP’s initial proposal.

May 3, 2024

UK’s FTSE 100 hits record high as favourable data boosts sentiment

Anglo American jumped 3.2% after Reuters reported that Glencore was mulling an approach for the miner.

May 3, 2024

Anglo CEO meets South Africa mines minister after BHP’s takeover proposal

CEO Duncan Wanblad is meeting minister Gwede Mantashe for the first time since rejecting BHP's $39bn takeover bid last week.

May 3, 2024

Underwater power play for metals in full swing

The International Seabed Authority, which next meets in July, is hashing out the world’s first underwater mining code.

May 3, 2024

BHP’s high-stakes tilt for Anglo puts regulators in spotlight

The proposed $39 billion combination has more than enough components to trigger intense oversight by regulators concerned about implications for market concentration and access to key minerals.