May 17, 2024

BHP needs to bid about $41 a share for Anglo, JPMorgan says

Anglo American has turned down BHP’s bids twice since April 25, stating the offers continue to considerably undervalue the company.

May 17, 2024

Zijin Mining to produce 50% more copper by 2028

China's top copper producer plans to increase output of the metal by 4% in 2025 and to 1.5.-1.6m tonnes, or 50%, in four years.

May 16, 2024

Cochilco raises 2024, 2025 copper price estimates

The commission sees average copper prices this year at $4.30 a pound, from $3.85 a pound before.

May 16, 2024

Chile to seek bidders for preferential pricing on lithium by July

The Andean nation is the world's second-largest lithium producer.

May 16, 2024

Anglo American freezes hiring amid global shake-up

Anglo's decision affects recruitment of non-site-based permanent employees and contractors, while it works on a company-wide restructuring.

May 16, 2024

Chinchillas throw new wrench in Gold Fields’ Chile plans

Gold Fields has 10 days to prove there are no rodents living in the Salares Norte mine area or it will face fresh sanctions.

May 15, 2024

Chile gives Albemarle option to boost lithium quota

To access the higher quota, Albemarle would need to prove the use of sustainable technology such as DLE, among other things.

May 15, 2024

Brazil Potash starts construction of the Autazes project

Autazes is expected to be the largest fertilizer mine in Latin America.

May 15, 2024

Coal India, NMDC exploring lithium mines overseas

The Indian mines ministry is also encouraging other state-owned companies to scout for critical minerals overseas.

May 14, 2024

Brazil states ask court to double what Vale, BHP should pay for dam burst

Minas Gerais and Espirito Santo states have asked a court to order Vale and BHP to pay a total 100 billion reais.