BlackRock says $12,000 copper is needed to incentivize new mines
BlackRock has been among the most bullish voices in the copper market for years.
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Vale expects final agreement for Mariana dam reparations in first half of year
The collapse of the dam, which belonged to Samarco, a joint venture of Vale and BHP, caused a giant mudslide that killed 19 people.
Lower iron, nickel and copper prices weigh on Vale’s quarterly earnings
One of the largest iron ore producers in the world, posted a $1.7 billion net profit for the quarter ended in March, while analysts polled by LSEG were expecting a $1.9 billion profit.
Generation drilling finds more copper potential at stalled Marathon project
The company is pursuing a multiphase program at the 260-sq.-km Marathon property in Ontario.
Anglo American confirms non-binding offer from BHP
The proposal comprises an all-share offer for Anglo American by BHP.
BHP targets Anglo American in bid valued at $39 billion
Takeover would represent the first mega deal among the world’s biggest diversified miners in over a decade.
Nigeria revokes 924 dormant mining titles, seeks new investors
Africa's top oil producer, which is also rich in lithium, gold and limestone, will grant mining licences to only companies that process their minerals locally after toughening licensing rules for foreign companies last year.
Renewable tech firm EnergyX names new president
Allen Satterwhite joins the company from Chevron.
Zimbabwe names new mines minister in mini-reshuffle
President Mnangagwa has re-appointed Winston Chitando to the post he held before last year’s elections.
