May 1, 2024

Ecuador court puts nail in $3bn copper project’s coffin

Licence has not been revoked, which leaves a chance for the Llurimagua project to become Ecuador’s next big copper mine.

April 30, 2024

Vale concludes sale of 10% of base metals unit to Manara Minerals

Manara is a joint venture between Ma'aden and Saudi Arabia's Public Investment Fund.

April 30, 2024

Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake

UBS, the adviser for BHP, has begun scheduling meetings with fund managers this week to fine-tune a revised proposal for Anglo.

April 30, 2024

As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets

BHP Group can't cherry-pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters.

April 30, 2024

Greatland Gold may buy Havieron back from Newmont

Greatland considers itself “strongly positioned” should there be an opportunity to consolidate ownership of Havieron.

April 30, 2024

Copper smelters in China wary of BHP-Anglo tie-up

"This is not good news for China given the heavy reliance on external supply, and Chinese companies hold limited resources," one analyst said.

April 30, 2024

Copper price slips as Chinese demand outlook comes into focus

Copper slipped after initially extending gains above $10,200 a ton as traders turned their attention to demand conditions in China.

April 30, 2024

Glencore now sees FY trading division profit between $3bn-$3.5bn

However, the company left its full-year production forecast unchanged.

April 29, 2024

Half of all copper mining is at drought risk with climate change

Even in an optimistic low emission scenario for 2050, more than half the world’s copper mines will be in areas exposed to drought risk that’s deemed significant.

April 29, 2024

Column: BHP’s Anglo buyout makes business sense if the price is right

The bid may also be a tacit admission on BHP's part that buying copper assets is far easier than trying to find them and develop new mines.