Asante Gold shuns ‘highly conditional’ takeover proposal from shareholder Fujairah
The company said the proposal "fails to address Asante's near-term financing requirements."
Latest Stories
Column: Aluminum’s fortunes tied to Yunnan weather forecast
The province accounts for around 12% of China's aluminum capacity and is experiencing its worst drought in decades.
Tianqi drops bid for Essential Metals as M&A heats up
Tianqi dropped its $91 million plan to buy Essential after it failed to secure the backing.
Iron ore price at 4-month low on subdued demand, rising inventories
Benchmark 62% Fe fines imported into Northern China fell 5.73%, to $110.41 per tonne.
Glencore copper output dips, expects strong trading profit
Miner reported lower copper, zinc and nickel production in the first quarter.
Mexico’s lawmakers approve overhaul of mining industry
The reforms would require miners to give back at least 10% of profits to communities and disclose the impacts of their operations.
Hindustan Zinc Q4 profit falls 12% on weaker zinc, lead prices
Zinc prices are down nearly 6% so far this year.
Sandvik profit just misses forecast, order intake rises
Company reported Q1 operating profit slightly below analyst expectations on Friday.
Freeport-McMoRan’s profit more than halves on lower production
In February, the company was forced to stop operations at Grasberg after the mine was hit by floods.
