July 2, 2018

Indonesia close to acquiring Freeport’s Grasberg copper mine

Indonesian minister says majority stake purchase of iconic mine seen valued at $3.5 billion to $4 billion.

July 2, 2018

Billionaire Agarwal continues deal spree with Vedanta buyout

Vedanta "can be the second- or third-largest resource company in the world."

July 1, 2018

Thyssenkrupp shareholder Cevian calls for further restructuring after steel JV

Thyssenkrupp's joint venture with Tata Steel - to be named Thyssenkrupp Tata Steel - will have around 48,000 workers and about 17 billion euros in sales.

July 1, 2018

Indonesia’s Inalum close to acquiring Freeport’s Grasberg copper mine

The deal might be completed in July.

July 1, 2018

Tenaris laying off Canada workers as Trump’s steel tariffs bite

Teneris will lay off 40 workers at its TenarisAlgomaTubes plant in Ontario and adjust output there because of the U.S. tariffs on steel and aluminum imports.

June 29, 2018

Mongolian parliament OKs plan to sell 30% of Tavan Tolgoi Mine

Mongolian lawmakers approved a plan to sell up to 30% of the troubled Tavan Tolgoi coal mine in the Gobi desert.

June 29, 2018

The Saudis won’t prevent the next oil shock

Unless demand falls back, or some of these outages dissipate, oil prices could be heading much higher.

June 29, 2018

Centerra mine’s future up in the air as Kyrgyzstan to review deal

The parliament’s revision of the strategic agreement, set for September, may lead to increased environmental payments for the Canadian miner.

June 29, 2018

China’s No.1 maker of battery cells for EVs to build plant in Germany

A German battery plant could help ease an expected negative impact in the workforce employed by the local automotive industry.

June 28, 2018

Swedwatch report highlights human rights risks in sale of mining equipment to Myanmar

 Irresponsible jade extraction has led to extensive human suffering and environmental degradation in Myanmar’s conflict-affected Kachin state.