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Fortescue consortium awarded rights to develop Oman green hydrogen project
Updated 1 hour 26 minutes ago By: Creamer Media Reporter

A consortium between green energy and metals group Fortescuee and sustainable infrastructure investor Actis has been awarded the rights to develop, build, own and operate a large green hydrogen... 


FIRB approves Azure takeover by SQM and Hancock
Updated 1 hour 32 minutes ago By: Creamer Media Reporter

The Foreign Investment Review Board (FIRB) has approved the acquisition of ASX-listed Azure by SH Mining – a bid vehicle jointly owned by Sociedad Quimica y Minera de Chile (SQM) and Hancock... 


Anglo American takeover price needs to surpass £30 a share, survey shows
Anglo American takeover price needs to surpass £30 a share, survey shows
Updated 2 hours 38 minutes ago By: Bloomberg

A takeover of Anglo American would need to be pitched at more than £30 ($37.6) a share, a higher price than BHP Group offered last week, according to analysts and traders surveyed by Bloomberg.... 


Gold nugget
Central banks, record first-quarter over-the-counter purchases support gold demand
Updated 2 hours 41 minutes ago By: Marleny Arnoldi

Continued exchange-traded fund (ETF) outflows drove gold demand, excluding over-the-counter (OTC) purchases, down by 5% year-on-year in the first quarter of this year to 1 102 t. However,... 


The Greenbushes lithium mine
Greenbushes to operate at full capacity for rest of the year
Updated 2 hours 59 minutes ago By: Mariaan Webb

The Greenbushes lithium mine, in Western Australia, is set to produce at full capacity for the remainder of the calendar year, after IGO struck spodumene concentrate supply deal with its Chinese... 


Sandfire driving forward Black Butte
Updated 4 hours ago By: Creamer Media Reporter

Australia-headquartered miner Sandfire Resources is continuing to support the Sandfire Americas team to progress the Black Butte project, in Montana, CEO Brendan Harris said on Tuesday. Sandfire... 


Antilles disappointed with Dominican arbitration award
Updated 4 hours ago By: Creamer Media Reporter

ASX-listed Antilles Gold chairperson Brian Johnson on Tuesday expressed the company’s disappointment with the tribunal of the International Centre for Settlement of Investment Dispute’s (ICSID’s)... 


Magnis holds a majority stake in Imperium3 New York (iM3NY), which operates a US battery plant.
Asic targets Magnis and Poullas over disclosure failures
Updated 4 hours ago By: Creamer Media Reporter

The Australian Securities and Investments Commission (Asic) has initiated civil penalty proceedings in the Federal Court against graphite company Magnis Energy Technologies and its executive... 


A hydrogen-powered truck in operation at Anglo American Platinum's Mogalakwena mine
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
Updated 5 hours ago By: Reuters

BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African... 


MAC forecasts stronger Q2 performance, says CEO McMullen
MAC forecasts stronger Q2 performance, says CEO McMullen
Updated 5 hours ago By: Mariaan Webb

Copper miner Metals Acquisition Limited (MAC) expects a rebound at the CSA mine in the second quarter following a softer performance in the initial quarter of the year. Despite encountering... 


Implats CEO Nico Muller
Implats platinum group metals output up amid robust demand but lacklustre pricing
Updated 5 hours ago By: Martin Creamer

Platinum group metals (PGMs) mining and marketing company Implats on Tuesday reported higher production in a period characterised by robust demand but lacklustre PGM prices. “Despite continued... 


Sandfire announces maiden resource for new Botswana discovery
Updated 5 hours ago By: Mariaan Webb

Australia-headquartered Sandfire Resources has unveiled potential for new copper and silver discovery in Botswana, with the announcement of a maiden resource estimate for the A1 deposit, about 20... 


A graph showing the heat stress and drought riks of various commodities
Critical minerals, food crops at risk of climate disruption by 2050, report shows
Updated 5 hours ago By: Darren Parker

More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report,... 


Glencore CEO Gary Nagle
Glencore’s Rustenburg ferrochrome smelter remains idled
Updated 6 hours ago By: Martin Creamer

Pending an improved price and cost environment, Glencore said in its first-quarter 2024 production report on Tuesday that its Rustenburg ferrochrome smelter in South Africa’s North West province... 


Gold Fields CFO takes early retirement
Updated 7 hours ago By: Martin Creamer

Gold Fields long-serving CFO Paul Schmidt, who is also an executive director of the Johannesburg Stock Exchange-listed gold mining company, is to proceed on early retirement, the company stated in... 


Tietto asks investors to accept Zhaojin's offer or sell shares
30th April 2024 By: Reuters

Australia's Tietto Minerals has urged its shareholders to accept Zhaojin Mining's offer that values the firm at A$733-million or sell shares on-market if the market price is not materially... 


Anglo will hold its AGM in London on Tuesday
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake
30th April 2024 By: Reuters

Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off bidder BHP, as activist investor Elliott further raised the stakes by increasing... 


G7 nations to agree on first half of 2030s for coal phase-out
G7 nations to agree on first half of 2030s for coal phase-out
30th April 2024 By: Bloomberg

Group of Seven nations have agreed to target the first half of 2030s to phase out coal, according to the UK’s energy and nuclear minister, a key milestone for some of the world’s most... 


West Cobar adds scandium to Salazar basket
29th April 2024 By: Creamer Media Reporter

ASX-listed Cobar Metals has announced a maiden resource estimate for scandium, adding to the already valuable basket of minerals hosted at the Salazar project, north-east of Esperance in Western... 


Japanese to partner on Kalgoorlie nickel project
29th April 2024 By: Creamer Media Reporter

Japanese multinational companies Sumitomo Metal Mining (SSM) and Mitsubishi have thrown their weight behind the Kalgoorlie nickel project – Goongarrie hub, in Western Australia. ASX-listed Ardea... 


Funding momentum builds for Tanzania rare earths project
29th April 2024 By: Mariaan Webb

The Ngualla rare earth project, in Tanzania, has received robust support from leading development finance institutions (DFIs), export credit agencies and commercial banks. In a funding update on... 


BHP tells investors Anglo bid is 'on strategy', stresses discipline
BHP tells investors Anglo bid is 'on strategy', stresses discipline
29th April 2024 By: Reuters

BHP has told Australian investors privately that its $39-billion Anglo American bid is in line with its strategy and that it will be disciplined in its approach, two fund sources said. The world's... 


American Rare Earths’ Wyoming project sparks SPAC interest
American Rare Earths’ Wyoming project sparks SPAC interest
29th April 2024 By: Mariaan Webb

Australia-headquartered American Rare Earths has confirmed that its Halleck Creek project, in Wyoming, has captured the interest of a special purpose acquisition company (SPAC). However, the... 


The Woodsmith project, in the UK
BHP’s bid for Anglo casts cloud over $9bn fertiliser mine
29th April 2024 By: Bloomberg

BHP Group’s proposal for a $39-billion takeover of rival Anglo American is all about securing plenty of copper supplies — so now, the potential deal is throwing uncertainty over the future for... 


The Collahuasi mine
China could hinder BHP’s bid to become copper’s top producer
29th April 2024 By: Bloomberg

BHP Group’s $39-billion bid to create a global copper giant risks irking its biggest customer China, where authorities have a history of intervening to stymie or water down international mergers.... 


The Mogalakwena mine in South Africa
BHP considering improved proposal for Anglo American, sources say
29th April 2024 By: Reuters

BHP Group is considering making an improved offer for Anglo American after its $39-billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters.... 


Copper hits $10 000/t as bulls predict looming deficit
Copper hits $10 000/t as bulls predict looming deficit
26th April 2024 By: Reuters

Copper hit $10 000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries. The metal reclaimed its... 


World Platinum CEO Trevor Raymond at Shanghai Platinum Week 2023.
Shanghai Platinum Week: Hydrogen’s going to feature big, says World Platinum Investment Council
26th April 2024 By: Martin Creamer

The growth in demand for platinum applications in China is extremely high, making detailed access to the China market hugely advantageous. Providing this detailed access from July 8 to 11 will be... 


Activist investor Elliott builds $1bn stake in Anglo American
Activist investor Elliott builds $1bn stake in Anglo American
26th April 2024 By: Reuters

Activist fund Elliott has built up a $1-billion stake in Anglo American, a filing showed on Friday, after the London-listed miner became a takeover target by bigger rival BHP Group. Elliott... 


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... 


Copper close to testing $10 000 as BHP bid points to supply risk
Copper close to testing $10 000 as BHP bid points to supply risk
26th April 2024 By: Bloomberg

Copper made a fresh push toward five digits as BHP Group’s blockbuster offer to buy Anglo American lent support to bulls who say the metal is headed for long-term shortages and high prices. The... 


Nhlanhla Nene
Nene steps down as MC Mining chair
26th April 2024 By: Creamer Media Reporter

South Africa-focused coal company MC Mining on Friday announced the resignation of Nhlanhla Nene as director and chairperson of the board. Nene joined the company on April 11, 2022, initially... 


AWU raises concern over Glencore Mt Isa incident, two workers critical
AWU raises concern over Glencore Mt Isa incident, two workers critical
26th April 2024 By: Mariaan Webb

The Australian Workers’ Union (AWU) has voiced serious concerns following an incident at Glencore’s copper smelter in Mount Isa, which left two workers in critical condition. “Tough questions need... 


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