May 22, 2024

Fortescue excluded from world’s biggest hydropower plant development

The Grand Inga has long faced headwinds because of Congo’s history of corruption and the expected cost of the multiphase project.

May 22, 2024

Anglo American rejects BHP’s third bid, extends deadline

Anglo has left the door open for BHP as it agreed to grant it a one-week extension to table a binding offer.

May 22, 2024

Anglo’s second largest investor demands BHP bid revision

Petition by South Africa's Public Investment Corporation (PIC), which owns a roughly 7% stake in Anglo, comes just hours before bid deadline.

May 21, 2024

Chinese ownership may affect eligibility for Australian critical minerals tax credits, minister says

Australia said on Wednesday it would consider Chinese ownership when deciding whether companies qualify for tax credits under a new program of incentives.

May 21, 2024

BHP shares hit 3-month high as deadline for formal Anglo bid looms

BHP has until 16:00 GMT on Wednesday to make a binding bid for Anglo American.

May 21, 2024

Past producing yellow diamonds mine in Australia set to reopen

Gibb River Diamonds is bringing the Ellendale mine, which yielded over 50% of the world’s fancy yellow diamonds a year, back to life.

May 20, 2024

Get real: Copper price record was 56 years ago

Jeff Currie: Add AI data centers and military demand to green capex and copper should soon test 1968 levels of $15,000 inflation adjusted.

May 20, 2024

Rio Tinto declares force majeure on Queensland alumina exports

Its alumina plants have been unable to run properly due to a regional shortage of gas.

May 20, 2024

Lithium miners shake up trading to tackle wild price swings

Lithium prices are coming out of a boom-to-bust period that left in its wake an array of stalled projects, scrapped deals and production cuts.

May 20, 2024

Anglo shareholder LGIM supports break-up plan as BHP circles

LGIM is among Anglo's biggest investors with a stake of about 2%.