Egypt said on Wednesday it welcomed Endeavour Mining’s bid to takeover Centamin, saying it would encourage foreign investment in the country’s mining industry. Centamin rebuffed the $1.9-billion all-stock takeover proposal on Tuesday, saying it did not…
Endeavour bid for Centamin will boost mining interest in Egypt – minister Read More »
Chile’s Atacama salt flat may get all the attention when it comes to lithium, but the South American nation is looking to develop two lesser-known deposits of the mineral needed to power a global push into electric cars.
Chile’s Mining Minister, Bald…
Chile eyes state-backed lithium push in far-flung salt flats Read More »
US Supreme Court justices on Tuesday appeared inclined to shield a unit of British oil major BP from claims seeking a more extensive cleanup of a Superfund hazardous waste site in Montana than what federal environmental officials had ordered.
The nine…
US Supreme Court leans toward BP unit in Montana Superfund case Read More »
Glencore CEO Ivan Glasenberg said on Tuesday he expected to be able to announce his successor next year, but said the timing was not yet certain.
Asked by investors to clarify earlier remarks on a planned management transition, he said he would leave …
Glencore CEO says he may step aside next year Read More »
Brazilian utility firm AES Tiete has agreed with mining company Anglo American to build a wind farm in the northeastern state of Bahia, it said on Tuesday.
AES Tiete, which is controlled by US company AES will start building the wind farm in 2021. It …
Brazil’s AES Tiete teams up with Anglo American to build wind farm in Bahia Read More »
Low inventories across the copper supply chain mean that any resolution to the US–China trade war could trigger a snap rally in prices as consumers rush to restock, market participants said on Tuesday. Combined stocks of on-warrant copper in London Met…
Copper primed for a pop if US–China trade war is resolved Read More »
Low inventories across the copper supply chain mean that any resolution to the US–China trade war could trigger a snap rally in prices as consumers rush to restock, market participants said on Tuesday. Combined stocks of on-warrant copper in London Met…
Copper primed for a pop if US–China trade war is resolved Read More »
Low inventories across the copper supply chain mean that any resolution to the US–China trade war could trigger a snap rally in prices as consumers rush to restock, market participants said on Tuesday. Combined stocks of on-warrant copper in London Met…
Copper primed for a pop if US–China trade war is resolved Read More »
Vale, the world’s largest iron-ore miner, said on Monday that it would slash output from its Brucutu mine for up to two months as it evaluates the stability of the nearby Laranjeiras dam, where much of the mine’s waste is normally disposed.
The move w…
Vale to suspend disposal from Brucutu mine at Laranjeiras dam, lowers production outlook Read More »
China’s Zijin Mining Group Co has agreed to buy Canadian miner Continental Gold for C$1.3-billion, but a top executive with the target company said elevated security concerns in Colombia pose a risk to the deal.
State-backed Zijin’s offer for Continen…
China’s Zijin agrees to buy Canada’s Continental for C$1.3bn Read More »
