July 5, 2018

Thyssenkrupp CEO asks to step down, board to meet on Friday

After two years of at times fraught talks, the two steel firms last Saturday signed an agreement to create Europe's second-largest steelmaker.

July 5, 2018

Thermal coal prices hit 6-year high

Seaborne price for coal used in electricity generation scales $120 a tonne as South Africa diverts exports for domestic use and Asian demand spikes.

July 4, 2018

Indians are falling out of love with gold — and millennials are partly to blame

Indians’ love affair with gold is cooling.

July 4, 2018

Nautilus Minerals tanks on shipbuilding contract cancellation

Fresh setback for the company’s Solwara 1 project, expected to be the world’s first seabed gold, copper, silver mine.

July 4, 2018

Indonesia extends Freeport operating permit for Grasberg

Indonesia has extended an operating permit for Freeport's Grasberg copper-gold mine while discussions over long-term rights continue.

July 3, 2018

Anil Agarwal faces shareholder resistance to $1 billion Vedanta bid

Billionaire Anil Agarwal faces investor resistance to his $1 billion bid to buy out minority shareholders in Vedanta Resources and take the London-listed Indian miner private.

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.