Glencore buys stakes in Norsk Hydro and Vale’s assets in Brazil
It's taking a 30% stake in alumina refinery Alunorte and a 5% interest in bauxite producer Mineracao Rio do Norte, both in Para, Brazil.
Latest Stories
Glencore says takeover bid for Teck stands after spinoff fails
Glencore reiterated its intention to buy Teck and even bid more, raising pressure on the Canadian miner to sit down at the negotiating table.
Syrah estimates $539 million in costs for Louisiana plant expansion
The development follows the completion of a definitive feasibility study of Vidalia Further Expansion project.
Vale’s profit slumps well below forecasts
First quarter net profit down 59% from a year earlier.
Newcrest’s gold production misses analysts’ estimate
The miner produced 509,637 oz of the precious metal in the three months ended March 31.
Vulcan secures German lithium plant finance from chemicals maker Nobian
Nobian will contribute 161 million euros in cash as equity to fund capital expenses.
Northern Star sales drop from last quarter, lifts unit costs view
The company sold 363,000 ounces of gold in the quarter ended March 31.
Grupo Mexico’s earnings beat forecasts, fueled by freight
Grupo Mexico is one of the world's largest copper miners.
Glencore-led revolt kills Teck plan, keeping takeover goal alive
The Canadian miner withdrew a plan to split itself in half just hours before a high-stakes vote.
