Monday, 7 April 2025

Focus on Minerals

Australian mining giant BHP in takeover bid for British rival Anglo American, a colossal deal with the potential to fundamentally reshape the sector (AFP)
BusinessCritical MineralsNews

BHP launches $38.8 billion takeover bid for rival Anglo American

BHP and Anglo American have both been wrestling with the transition away from gas and coal, eyeing opportunities to mine critical minerals

De Beers delivers first production from underground operations at its Venetia Mine in South Africa in this undated handout picture. ANGLO AMERICAN AND DE BEERS GROUP/ HANDOUT via REUTERS/ File Photo
BusinessCritical MineralsMineralsNews

BHP’s proposed bid for Anglo American is a big bet on copper

By Siyi Liu and Mai Nguyen BEIJING/HANOI – BHP Group’s proposed $39 billion buyout of Anglo American is a big bet on copper...

FILE PHOTO: An aerial view of Anglo American's Los Bronces copper mine at Los Andes Mountain range, near Santiago city, Chile on November 17, 2014.   REUTERS/Ivan Alvarado/File Photo/File Photo
BusinessCritical MineralsMiningNews

BHP Group makes $38.8 billion play for Anglo American, copper in focus

BHP Anglo American takeover would create world's biggest copper miner, with 10% of global output.

The logo of the Canadian mining company Teck Resources Limited is displayed as people visit the Prospectors and Developers Association of Canada (PDAC) annual conference in Toronto, Ontario, Canada March 7, 2023. REUTERS/Chris Helgren/ File Photo
BusinessCoalMiningNews

Canada’s Teck Resources misses first-quarter profit estimates

Lacklustre steelmaking coal sales blamed for Teck profits disappointment.

BusinessCritical MineralsNewsTrade

Japan launches anti-dumping probe into Chinese graphite electrodes

Graphite electrodes investigation prompted by domestic manufacturers, says Japanese government.

FILE PHOTO: FILE PHOTO: A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessMineralsMiningNews

Australia’s Lynas Rare Earths’ Q3 sales revenue falls 58%

Weak prices, increased production in China and slower-than-expected demand growth recovery sees Australian mining company slump in Q3.

FILE PHOTO: A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/File Photo
BusinessMiningNews

First Quantum Minerals cuts debt by over $1 billion in first quarter

The Canadian miner had announced a series of capital restructuring measures that would strengthen its balance sheet and cut debt.

Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland presents the federal government budget for fiscal year 2024-25, in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, April 16, 2024.  REUTERS/Patrick Doyle/File Photo
Critical MineralsEconomyNewsPoliticsTrade

‘Five Eyes’ working to fight critical minerals dumping: Canada’s finance minister

Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of critical metals: Finance...

A view of the facilities at Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, which was forced to shut down after Panama's top court ruled that its contract was unconstitutional following nationwide protests opposed to its continued operation, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/ File photo
BusinessCritical MineralsNews

Shortages key to copper’s upward price trajectory to new peaks

Rising copper prices, partly caused by energy transition applications, will continue as shortages begin to drive up demand.

Critical MineralsMiningNews

Zijin cooperating with probe after cobalt with radiation recalled

Shipment of cobalt to Democratic Republic of Congo was recalled after above-normal radiation was detected.

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