Investors relieved BHP walked from $49 billion Anglo takeover deal
BHP’s timing was good but the complexity of the deal requiring demergers and a copper price rally made it difficult to execute, investment officer said.
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Chile’s ENAMI aims to break ground on first lithium project by 2028
ENAMI this month launched a search for a private partner to offer financial backing or operational support for the project at three salt flats.
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
It is said that Anglo's five operating coal mines, development projects and joint ventures in Australia have sparked "more interest" over the past weeks.
India’s Jindal to join Venezuelan state oil venture
The news comes just months after securing a contract to run the South American country’s largest iron-ore complex.
Iron ore price slips after China reiterates steel output control
In April, China's state planner said the government will continue to manage crude steel output in 2024.
Column: LME brand approval cements Indonesian nickel ascendancy
For Indonesia it's a vindication of its policy of forcing miners to move downstream by banning ore exports from 2020.
Hecla’s Yukon unit given ‘substantial’ fine for environmental risks
The unit, Alexco Keno Hill Mining, pled guilty to failing to store hazardous waste properly and meet certain water quality standards.
Codelco reaches collective agreement with unions
The miner reached a collective contract agreement with two workers' unions representing employees at its Andina mine.
Base metals stage rapid retreat as profit taking accelerates
Investors are looking to cash in following a blistering rally in industrial metals markets.
