Anglo, Codelco seal pact to unlock $5B in Chilean copper
Deal combines Anglo’s Los Bronces and Codelco’s Andina mines, creating a new copper mining district in central Chile.
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Cheap Chinese coal is making it difficult to reduce consumption
Even after a couple of sluggish months, coal output is still tracking for another record this year.
Chile’s ENAMI attracts interest from miners, traders for smelter financing
ENAMI in August kicked off a process to seek investors for the $1.7 billion smelter.
Agnico focuses on internal growth even as mining deals heat up
"What we don’t want to see is irresponsible M&A just because the gold price is high," says CEO Ammar Al-Joundi.
Atomionics raises $12M to scale its mineral discovery technology
The round was led by Paspalis and includes BHP Ventures.
Indonesia’s United Tractors seeks expansion with gold miner acquisition
Indonesian heavy machinery distributor PT United Tractors is acquiring a 100% stake in PT Arafura Surya Alam.
PM told Anglo American to move HQ to Canada for Teck deal nod – report
Mark Carney issued ultimatum for its proposed acquisition of Teck Resources.
US looks to boost strategic uranium reserve for nuclear power
International Atomic Energy Agency shows inventories held by US companies trail peers in Europe and Asia.
Copper price hits 15-month high on US rate cut boost
Copper, a bellwether for the health of the global economy, has now risen for six consecutive trading sessions.
