Glencore open to deals as investors brace for more mining M&A
Potential M&As were the main interest for investors in the sector in 2024, but BHP’s failed bid for Anglo cooled deals down.
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LME approves warehousing in Hong Kong, a gateway for metals to China
Hong Kong warehouses will be able to store all six of the main metals traded on the exchange.
South African police hunt gang leader of illegal mine where dozens died
A gang leader from Lesotho is believed to have controlled operations at the illegal gold mine in South Africa.
Barrick’s Reko Diq project to generate $74 billion over 37 years
The copper and gold mine, co-owned by Barrick, Pakistan and the province of Balochistan, is expected to begin production by 2029.
Australia iron ore hub resumes operations after cyclone threat
Port Hedland is the world's largest iron ore export hub.
Australian government pledges $1.24 billion in green aluminum push
The Australian government is targeting 82% of power supply to come from renewables by 2030.
South32 beats manganese output estimates as Australian operations restart
South32 has undertaken a phased restart of manganese mining activities at its GEMCO project.
Fleet Space, Ma’aden partner to accelerate critical minerals discovery in Saudi Arabia
The agreement will help provide the latest breakthroughs in space, multi-physics, and AI drill targeting services to accelerate discovery.
At least seven killed by army at Ghana’s AngloGold Ashanti mine
Earlier, about 60 illegal miners carrying locally manufactured rifles and other weapons reportedly breached the Obuasi mine's security fence.
