Lure of Anglo’s copper mines could test BHP’s spending resolve
BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.
Latest Stories
Orano launches arbitration against Niger over mining licence
The French nuclear fuels company move comes in response to Niger's cancellation of Orano's subsidiary mining licence.
Earth AI finds gold near Willow Glen molybdenum project
It has found its first gold system with the help of AI, making mineral exploration faster, more accurate, and cheaper.
Petra Diamonds cuts forecasts, jobs amid market weakness
Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year.
Asante nets $500m forward purchase deal for gold produced at Bibiani
The Vancouver-based gold miner said it expects gold production at Bibiani to exceed 15,000 oz. per month by mid-year.
Panama president sees no environmental threat from copper at closed First Quantum mine
Environmentalists as well as mining companies had raised concerns over risks from leaving the copper on site.
Antamina names Adolfo Heeren as new CEO
Heeren, the current CEO of Anglo American in Peru, will start his new role on February 1, 2025.
Mercuria partners with Zambia on metals trading venture
The joint venture will buy and sell copper domestically and for export, and over time will take responsibility for trading Zambia’s share of copper output from mines.
Silver Mountain receives go-ahead to restart Reliquias mine in Peru
Once restarted, the Reliquias project would deliver approximately 2.2 million oz. of silver-equivalent production annually over a nine-year life.
