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BHP seeks to break mining’s M&A curse with thorny Anglo deal
BHP seeks to break mining’s M&A curse with thorny Anglo deal
26th April 2024 By: Bloomberg

The last time BHP Group took a swing at another major miner, it was Rio Tinto back in 2007. That could have been a blockbuster $150-billion takeover, but with metals prices crashing as the... 


Sayurie Naidoo appointed Amplats CFO, executive director
26th April 2024 By: Tasneem Bulbulia

JSE-listed Anglo American Platinum (Amplats) has appointed Sayurie Naidoo as CFO and executive director, with effect from May 1. Naidoo, who has been serving as the acting CFO since Craig Miller... 


Anglo American chairperson Stuart Chambers
Anglo snubs BHP’s ‘highly unattractive’ proposal
26th April 2024 By: Mariaan Webb

Diversified miner Anglo American has firmly rebuffed a $38.8-billion proposal from mining heavyweight BHP, with chairperson Stuart Chambers dismissing the nonbinding offer as “highly... 


On lithium’s frontier, miners are betting on a greener second act
On lithium’s frontier, miners are betting on a greener second act
26th April 2024 By: Bloomberg

Against the arid, red dirt of the Australian Outback, the Mount Holland lithium mine emerges to approaching visitors as a colossal grey-tinged crater, with trucks the size of houses edging along... 


BHP CEO Mike Henry will reportedly brief investors next week.
BHP shares drop on value concerns after $39bn bid for Anglo American
26th April 2024 By: Reuters

BHP Group shares fell 4% on Friday a day after revealing a $38.8-billion bid for Anglo American as investors feared a deal could erode BHP's profitability especially if it has to sweeten its... 


Anglo American does not find BHP $39bn offer attractive
26th April 2024 By: Reuters

Anglo American's management does not consider a proposed $39-billion takeover offer from BHP Group as attractive, two sources told Reuters, as some investors and analysts dismissed it as... 


Former Anglo American CEO Mark Cutifani
Anglo’s stumbles have made it prey for mining’s biggest predator
26th April 2024 By: Bloomberg

When former boss Mark Cutifani left Anglo American in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the... 


Aerial view of the Amapá mine
Amapá iron-ore project, Brazil
26th April 2024 By: Sheila Barradas

A capital expenditure optimisation study has resulted in a forecast increase in production of about 4.8%. 


Iron-ore on a train
Rhodes Ridge iron-ore project, Australia – update
26th April 2024 By: Sheila Barradas

The prefeasibility study is advancing. 


Aerial View of the Simandou project
Simandou iron-ore project, Guinea – update
26th April 2024 By: Sheila Barradas

Rio Tinto is continuing to work with its partners to satisfy the outstanding conditions on the project. 


Image of iron-ore spew
Western Range iron-ore project, Australia – update
26th April 2024 By: Sheila Barradas

Construction has surpassed 50%. 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe signals opposition to BHP-Anglo deal
25th April 2024 By: Bloomberg

South African Mines Minister Gwede Mantashe signaled his opposition to BHP Group Ltd.’s proposed takeover of Anglo American. The offer by the world’s largest miner envisages an all-share deal in... 


The combined entity will have a leading portfolio of tier-one assets, focused on iron-ore, metallurgical coal and future facing commodities, including potash and copper.
BHP makes £31bn offer for Anglo American
25th April 2024 By: Mariaan Webb

Diversified mining major BHP on Thursday announced a proposed all-share offer that values Anglo American at £31.1-billion. The deal has the potential to transform the mining industry landscape.... 


Lower iron, nickel and copper prices weigh on Vale's quarterly earnings
Lower iron, nickel and copper prices weigh on Vale's quarterly earnings
25th April 2024 By: Reuters

Brazilian miner Vale on Wednesday said lower prices for iron-ore, nickel and copper in the first quarter dragged down earnings compared to the year before, as it posted net profit slightly below... 


Vitol CEO Russell Hardy
World’s biggest energy traders are returning to metals markets
24th April 2024 By: Bloomberg

Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets. Vitol Group, Gunvor Group and Mercuria Energy Group... 


Fortescue reports 6% dip in quarterly iron-ore shipments
Fortescue reports 6% dip in quarterly iron-ore shipments
24th April 2024 By: Mariaan Webb

Australian green energy and iron-ore giant Fortescue has revealed a 6% decline in third-quarter iron-ore shipments, attributed to the repercussions of an ore car derailment on December 30, coupled... 


Kumba CEO Mpumi Zikalala
Kumba’s first-quarter sales fall 10% on port challenges
23rd April 2024 By: Sabrina Jardim

Anglo American subsidiary Kumba Iron Ore has reported a 10% year-on-year decrease in sales to 8.5-million tonnes for the quarter ended March 31, on the back of port performance challenges. About... 


Rio Tinto, Eramet and LG Energy seek to develop lithium extraction tech for Chile
23rd April 2024 By: Reuters

Rio Tinto, Eramet and LG Energy are among 30 companies that have submitted proposals to develop lithium extraction technology for a Chilean salt flat in the early stages of exploration, state-run... 


Anglo CE Duncan Wanblad.
Anglo pleased with copper's first-quarter performance
23rd April 2024 By: Martin Creamer

Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the... 


Anglo American CE Duncan Wanblad.
Anglo helping to restore Amazon-like rainforest near Brazil iron-ore mine
23rd April 2024 By: Martin Creamer

Diversified mining company Anglo American is taking steps to help to restore an Amazon rainforest equivalent of which less than 10% remains intact. The Mata Atlántica carbon forest is located near... 


Minerals Council South Africa chief economist Hugo Pienaar
Chief economist unpacks mining’s deeply-rooted contribution to economy despite challenges
19th April 2024 By: Marleny Arnoldi

The mining industry makes a significant difference in the lives and livelihoods of employees and society in South Africa through economic and socioeconomic contributions, but more can be done on... 


direct reduced iron pellets
Decarbonised iron production possible using sodium, company says
19th April 2024 By: Darren Parker

A new process being pioneered by energy companies such as Israel-based Helios and Netherlands-based Alkalium proposes the use of sodium metal rather than coal or hydrogen to refine iron-ore into... 


Iron-ore being transported by train in Western Australia
Alien Metals secures mining lease for Hancock iron-ore project
19th April 2024 By: Creamer Media Reporter

The Western Australia Department of Mines, Industry Regulation and Safety has granted Aim-listed Alien Metals a mining lease for the Hancock iron-ore project. This represents a key milestone on the... 


BHP will announce a decision on its WA nickel operations in the coming months
BHP nears decision on WA nickel, adjusts coal guidance
18th April 2024 By: Mariaan Webb

Diversified mining company BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is... 


Rio Tinto CEO Jacob Stausholm says the group delivered stable operating results in the first quarter.
Rio Tinto reports dip in first-quarter iron-ore shipments
17th April 2024 By: Mariaan Webb

Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather... 


Gina Rinehart
Rinehart takes stake in Lynas Rare Earths, shares jump
17th April 2024 By: Reuters

Australia's richest person, Gina Rinehart, become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths outside of China, an exchange filing showed late on Tuesday.... 


First-quarter production was buoyed by Vale's S11D mine, in Para state.
Vale's iron-ore output up 6% in first quarter, sales jump
17th April 2024 By: Reuters

Brazilian miner Vale on Tuesday reported growth of 6.1% in its first-quarter iron-ore production from a year earlier, driven by improved output from a key project in northern Brazil, while sales in... 


Saldanha IOT
Saldanha iron-ore terminal shut down for maintenance until Friday
16th April 2024 By: Darren Parker

State-owned Transnet Port Terminals’ (TPT’s) Saldanha Iron Ore Terminal has embarked on a five-day shutdown for the maintenance and servicing of equipment on two tipplers, starting on April 15. The... 


Leadership change at CME: Rio Tinto exec appointed new president
16th April 2024 By: Creamer Media Reporter

The Chamber of Minerals and Energy of Western Australia (CME) has announced the appointment of Simon Trott as its new president. Trott, currently serving as the CE of Rio Tinto Iron Ore in Western... 


Macro foregoes US lithium rights as focus shifts to WA iron-ore
15th April 2024 By: Creamer Media Reporter

ASX-listed Macro Metals has opted to forego the acquisition rights in the Aurora lithium project, in south-east Oregon, in the US, and will instead focus on the expedited exploration and... 


Halt in loadshedding could boost mining production, if sustained
12th April 2024 By: Creamer Media Reporter

South Africa has had more than two weeks without loadshedding and, if this can be sustained, it could push mining production for the full year into positive terrain, says Minerals Council South... 


Sweden's LKAB cuts iron-ore production on railway woes
12th April 2024 By: Reuters

Sweden's LKAB will cut its iron ore output following derailments on a railway linking Sweden and Norway and reduced transport capacity going forward, the state-owned mining company said in a... 


Image of Savage River project at dawn
Savage River iron-ore project, Australia
12th April 2024 By: Sheila Barradas

A definitive feasibility study has demonstrated that an underground mine is technically and economically viable for the Savage River North Pit orebody. 


Image of iron-ore stockpile
Jambreiro iron-ore project, Brazil – update
12th April 2024 By: Sheila Barradas

Centaurus has reported encouraging results from recent bench-scale metallurgical testwork at the project. 


IMAGE OF IRON-ORE BUCKET
Simandou iron-ore project, Guinea – update
12th April 2024 By: Sheila Barradas

The Guinea government has said shareholders involved in Simandou have signed $15-billion in financing agreements for the project. 


Minerals Council CEO Mzila Mthenjane
Minerals Council outlines mining’s ‘immense’ positive social impact
11th April 2024 By: Marleny Arnoldi

Industry body, the Minerals Council South Africa finds in a survey that 12 of its members, representing about 60% of the formal employment in the mining industry, spent R2.3-billion on... 


WA poised to become Silicon Valley of mining innovation, says Rio Tinto
WA poised to become Silicon Valley of mining innovation, says Rio Tinto
10th April 2024 By: Mariaan Webb

Australian mining giant Rio Tinto has forged a strategic partnership with a global venture studio and startup investor, Founders Factory, to catalyse the development and commercialisation of... 


Gina Rinehart
Australian magnate Rinehart takes stake in US miner MP Materials
10th April 2024 By: Bloomberg

US rare-earths producer MP Materials said Australian billionaire Gina Rinehart's mining firm had taken a 5.3% stake in the company, expanding her investments in the mineral ore sector. In a... 


Vitol CEO Russel Hardy
Vitol CEO confirms energy trading giant is getting into metals
10th April 2024 By: Bloomberg

Vitol Group confirmed that it’s starting rebuild a trading book for metals after a long stint out of the market, with an “exciting decade” ahead. “It’s a relatively small addition to our... 


Guinea, partners get $15bn funds for top iron-ore deposit
9th April 2024 By: Bloomberg

Guinea said shareholders involved in Simandou, the biggest untapped iron-ore reserve globally, have signed $15-billion in financing agreements for the project. The accords provide funds for rail... 


OCP CEO Mostafa Terrab and Fortescue chairperson Andrew Forrest
Fortescue forges green hydrogen, ammonia partnership with OCP in Morocco
9th April 2024 By: Creamer Media Reporter

Fortescue Energy, part of Australian iron-ore major Fortescue, on Tuesday unveiled a joint venture with Morocco-headquartered plant nutrition and phosphate-based fertiliser supplier OCP Group. The... 


Former De Beers, Mountain Province exec Brown appointed Lucapa chairperson
8th April 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head... 


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