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.

May 24, 2024

NGO sues Norway over deep-sea mining plans

WWF argues that Norway's decision to allow seabed exploration breaches national law, goes against experts' advice and sets a risky precedent. 

May 23, 2024

Rio Tinto faces pressure to leave London exchange

Activist investor Palliser Capital argues that switching its primary listing to Australia would boost Rio Tinto's shares by about 40%.

May 22, 2024

Glencore, Rusal extend aluminum supply contract into 2025

Glencore is legally bound to continue the contract because Rusal has not been directly targeted by Western sanctions.

May 22, 2024

At least two companies seek Norway seabed mining permits

The government aims to issue first licenses in 2025, but companies will require separate approvals to start production.

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

BHP, Kingsrose to jointly explore Norway and Finland

Kingsrose has numerous early-stage nickel-copper exploration targets and has secured exploration licences across the two Nordic nations.

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

Portuguese company eyes two lithium refineries in Iberia by 2030

Lifthium is planning to source the raw materials from different regions around the world, including South America.