Azure Minerals rejects $585m takeover bid from SQM
The Australian company rejected the buyout bid received on August 12.
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Lucara Diamond to replace CEO Eira Thomas
She will be replaced by William Lamb, who served as chief executive from May 2011 to February 2018.
Free marketeer leading Argentine election seen rocking commodities
Javier Milei, a libertarian outsider who’s taken a surprise lead in the race for Argentina’s presidency, would shake up the country’s powerhouse commodity industries like none of his rivals.
New Found Gold explores use of Maritime’s processing facility for early production
NFG has signed an MOU for the right to conduct due diligence and exclusivity to negotiate a toll milling agreement at the existing Pine Cove mill.
European Green Metals expands land position at Olserum rare earth project in Sweden by ten-fold
“Olserum is a scalable high value permanent magnet REE project that we believe has the potential to be Europe’s first REE mine,” EGM CEO says.
Asante Gold appoints new CFO
David Wiens takes over for Dindiok Chialin, who served as interim CFO since June and remains as deputy chief financial officer.
Esmark makes $7.8 billion offer for US Steel Corp
On Sunday, US Steel launched a formal review of strategic options after rebuffing a takeover offer from rival Cleveland-Cliffs.
Mexican mining chamber calls for end to strike at Newmont gold mine
Mexico's Camimex mining chamber called for authorities to help find a solution to a strike at the major Penasquito gold mine.
US Steel soars after it rejects $7.25 billion Cliffs bid
Cliffs said it submitted the proposal privately on July 28 and received a rejection letter on Sunday that called the offer “unreasonable.”
