May 29, 2024

Glencore to consult investors on coal spinoff after Teck deal

Several of Glencore’s largest shareholders believe the company should retain its coal assets.

May 29, 2024

BHP walks away from proposed $49bn takeover of Anglo American

Less than an hour before the 5 p.m. UK cut off, BHP confirmed it had failed to secure Anglo’s board backing and would not proceed with the takeover.

May 28, 2024

Europe’s biggest pension fund sells €10 billion in fossil fuels

Stichting Pensioenfonds ABP has now exited all liquid assets in oil, gas and coal.

May 28, 2024

EU, Australia sign critical minerals pact to diversify supply chains

Ministers in Canberra and Brussels signed an MOU on Tuesday, which will be followed by the joint development of “concrete actions” over the next six months.

May 28, 2024

Berkeley seeks $1bn in damages from Spain over uranium mine dispute

The Retortillo project received preliminary approval in 2013, but Spain's Energy Ministry denied final approval in 2021 and 2023.

May 27, 2024

Adriatic Metals seeks $50m after first concentrate sale

Equity raising aims to optimize Adriatic's balance sheet during ramp-up at its Vares silver mine in Bosnia.

May 26, 2024

Hidden gold earring reveals forgotten episode of Carthage-Rome war

The gold earring was found inside a building destroyed during the Second Punic War and the passage of Hannibal's troops through Spain.

May 25, 2024

Trafigura faces off with aluminum bulls over huge metal stash

The aluminum market is caught in a clash between some of the biggest traders and banks.

May 25, 2024

BlackRock encouraged Anglo to extend talks with BHP

Anglo American was encouraged by key shareholders to continue engaging in talks with BHP over its proposed $49.18 billion mining merger.

May 24, 2024

Copper prices could surge to $40,000, says top trader Andurand

The metal has risen almost 20% this year, reaching a record $11,000 per tonne this week.