Brazil rejects Vale, BHP US$25B offer for mine disaster
Miners had earlier this week presented authorities with an offer to pay $25 billion as reparations for the dam collapse.
BHP
Abitibi Metals posts 2.3% copper at B26 in Quebec
Abitibi Metals (CSE: AMQ; US-OTC: AMQFF) reported more strong copper mineralization on Thursday at its B26 deposit in western Quebec after results earlier in the week and in March. Drill hole…
Anglo American copper assets worth US$35B: analyst
BHP’s (ASX, LSE, NYSE: BHP) bold move last week to approach Anglo American (LSE: AAL) with an unsolicited US$39 billion takeover offer has as its main objective to grab copper…
Explorers need majors to fund innovation: report
Explorers depend almost exclusively on established miners for innovation even though larger companies restrain their pioneering research, according to a new study. Almost 90% of the industry says explorers don’t…
First Quantum to shut Ravensthorpe nickel mine
Canadian miner First Quantum Minerals (TSX: FM) has decided to close its Ravensthorpe nickel operation in Western Australia. The ceasing of operations at the mine this week will cut around…
Abitibi Metals probes new copper area at B26 in Quebec
Abitibi Metals (CSE: AMQ; US-OTC: AMQFF) says a new copper target west of its B26 polymetallic deposit in northern Quebec shows potential for expanding the project. Assays from the Satellite West…
Anglo American rejects BHP’s ‘undervalued’ US$39B bid
Anglo American (LSE: AAL) has rejected a US$39 billion takeover proposal from BHP (LSE: BHP; NYSE: BHP; ASX: BHP) that requires Anglo to divest its platinum and iron ore businesses…
BHP offers to buy Anglo American for US$39B
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) has made a tentative all-share offer valued at £31.1 billion (US$38.8 billion) to take over Anglo American (LSE: AAL) and become the world’s…
Miners struggle to finance projects even amid surging battery metal demand, IEA says in forecast
EVs could reach 17 million in 2024, accounting for more than one in five cars sold worldwide, according to the International Energy Agency.
Vale, BHP, Samarco seek new deal on Brazil disaster
Negotiations resumed this week after the Brazilian government and states rejected the companies’ $7.7 billion offer in December.
BHP says first stage of Jansen potash mine almost halfway complete
BHP (NYSE: BHP; ASX: BHP) says the first phase of its massive potash mine in Saskatchewan, is ahead of schedule and near the halfway point of completion at 44%. Located…
Boss Energy’s rebooted Honeymoon uranium mine in Australia counts days to first metal
Boss Energy (ASX: BOE) is two weeks away from producing its first drums of uranium as it restarts its Honeymoon mine in New South Wales, Australia, after low metal prices…