Chilean miner Mantos Copper seeks buyer to help finance expansion

Mantos Copper bought the Mantos Blancos and Mantoverde copper mines from Anglo for $300 million plus $200 million in conditional future payments.

Reuters | July 6, 2018 | 10:55 am

Japan’s Mitsui may raise its stake in Vale — executive

The sale of Vale stakes has been a subject of market speculation since the world's largest iron ore miner moved to a single class of stock in October. Mitsui currently holds a 5.51 percent stake in Vale.

Reuters | July 6, 2018 | 4:12 am

Steel making raw materials hit multi-week lows in China on trade woes

Prices of steelmaking raw materials dropped to multi-week lows on Thursday as a festering trade row between China and the United States kept risk appetite low.

Reuters | July 5, 2018 | 11:28 am

Eramet searches for lithium deposits in Chile, Argentina, Brazil – CEO

"Our priority is to develop our existing lithium deposit in Argentina. But we are also looking for other deposits in Chile, Argentina and Brazil,"- Eramet Chief Executive Officer Christel Bories

Reuters | July 5, 2018 | 10:59 am

Nigeria to offer 12.7 bln naira mining contract to eight firms

Nigeria will offer a 12.7 billion naira ($41.6 million) mining contract to eight companies in exploration and consultancy, its junior mining minister said on Wednesday.

Reuters | July 4, 2018 | 11:10 am

Anil Agarwal faces shareholder resistance to $1 billion Vedanta bid

Billionaire Anil Agarwal faces investor resistance to his $1 billion bid to buy out minority shareholders in Vedanta Resources and take the London-listed Indian miner private.

Reuters | July 3, 2018 | 12:18 pm

Outage in Canada’s oilsands is pushing U.S. crude to four-year high

Oil prices rose on Tuesday after Libya declared force majeure on some of its crude exports, while the loss of Canadian supplies helped lifted U.S. crude to 3-1/2-year highs.

Reuters | July 3, 2018 | 11:40 am

EU warns US of boomerang effect if Trump imposes car levies

Europe warns Trump vehicle tariffs likely lead to counter-measures by its trading partners on $294 billion of US exports.

Reuters | July 2, 2018 | 10:40 am

China’s Baowu to move some iron, steelmaking capacity to middle and southern regions

China's top steel maker China Baowu Steel Groups move is in line with Beijing's goal push to relocate heavy industries from polluted and crowded regions to places with less environmental pressure.

Reuters | July 2, 2018 | 10:38 am

Indonesia close to acquiring Freeport’s Grasberg copper mine

Indonesian minister says majority stake purchase of iconic mine seen valued at $3.5 billion to $4 billion.

Reuters | July 2, 2018 | 9:04 am

Chinalco halts Guangxi rare earth operations after environmental lapses

It is not the first time Chinalco, China's biggest state-owned aluminium producer, has run afoul of the country's ever stricter environmental regulations.

Reuters | July 2, 2018 | 6:56 am

Thyssenkrupp shareholder Cevian calls for further restructuring after steel JV

Thyssenkrupp's joint venture with Tata Steel - to be named Thyssenkrupp Tata Steel - will have around 48,000 workers and about 17 billion euros in sales.

Reuters | July 1, 2018 | 8:28 am

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