US Steel starts due diligence after entering agreements with ‘numerous third parties’
Earlier this month, Esmark scraped its bid, leaving Arcelor-Mittal as the only known potential challenger to Cleveland-Cliffs.
Latest Stories
Colorado School of Mines warns of ‘grey tsunami’ of mining industry retirements
Mining the minerals needed globally for the energy transition is not keeping pace.
Chinese steel demand declining less than data suggests, says Vale executive
Vale is "cautiously optimistic" about the largest global consumer of iron ore, as China's economy has proven resilient.
Private credit funds mull jumbo loan for Australian coal mines
The funds are in talks to potentially underwrite financing of $2-3 billion for competing bids from Indonesian mining contractor Buma and Australian coal producer Stanmore.
Peru slashes growth outlook amid falling copper investment
Though metals mining and production is expected to grow 7.0% this year, private investment - largely in mining - is expected to drop 4.5% this year.
Dundee Precious receives court decision that reaffirms its Ecuador mining concession
For years, the Loma Larga project has faced strong opposition from local indigenous groups and communities.
Column: South Korea’s Gwangyang is the new LME aluminum battleground
LME-registered warehouses in the city currently hold 49% of all the light metal sitting in the exchange's global warehouse network.
Polyus H1 adjusted net profit jumps 33% y/y
Physical sales volume rose 24%, while gold output jumped 36% to 1.45 million ounces.
World’s best large IPO of 2023 is Indonesia miner with 150% gain
Shares of PT Amman Mineral International are up 153% since their debut on July 7.