April 29, 2024

Column: BHP’s Anglo buyout makes business sense if the price is right

The bid may also be a tacit admission on BHP's part that buying copper assets is far easier than trying to find them and develop new mines.

April 29, 2024

Takeover rules to prevent Anglo from saying much on BHP bid at AGM

BHP's $39 billion bid will be the elephant in the room at Anglo American's Tuesday annual general meeting.

April 29, 2024

First Quantum to shut down Ravensthorpe nickel mine

The Canadian miner cited higher operation costs and lower nickel price forecast amid reasons for the closure of the Western Australia mine.

April 29, 2024

Ardea Resources teams up with Sumitomo, Mitsubishi for nickel project

A consortium of Sumitomo and Mitsubishi will fund A$98.5 million for the costs of a DFS on the Kalgoorlie project.

April 28, 2024

BHP mega bid and $10,000 copper expose mining’s biggest problem

The biggest producers all want to increase copper output to take advantage of rising demand for electric vehicles, grid infrastructure and data centers.

April 27, 2024

BHP considering improved proposal for Anglo American after bid rejected

BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected.

April 26, 2024

American Rare Earths rejects $400 million SPAC takeover offer

The company's 100%-owned US subsidiary owns Halleck Creek, one of the world’s top 10 rare earth projects.

April 26, 2024

‘Aussie kryptonite’ helps identify mineral deposits

Plumbian orthoclase is useful as an indicator mineral, which helps geologists locate and assess the presence of certain ore deposits.

April 26, 2024

Copper price hits $10,000/t as BHP bid shows tight supply pipeline

The metal has reclaimed the $10,000 threshold for the first time in two years.

April 26, 2024

Anglo American rejects “opportunistic” $39bn takeover bid from BHP

Under takeover rules, BHP is required to either make a solid offer for Anglo American by May 22 or walk away.