BHP abandons US$49B bid for Anglo
BHP (ASX: BHP) is walking away from its US$49.2 billion offer for Anglo American (LSE: AAL) after the companies couldn’t agree on how to handle the target’s platinum assets in South…
Copper
Miners serve strike notice at Gibraltar mine in BC
A union representing 550 workers at Taseko’s copper mine said they will strike if a new contract is not reached by Friday.
Video: Osisko Metals advances largest copper project in eastern North America
Osisko Metals (TSXV: OM; US-OTC: OMZNE) is advancing the Gaspé copper project in Quebec with more drilling, community consultations and a preliminary economic assessment starting this year, CEO and chairman Robert Wares…
Mining M&A slips as firms lawyer-up to fight regulators
Global mining dealmaking is falling this year but political drama and litigation are escalating in the United States and Canada, while other trends include paying premiums to get copper and…
Bravo shares soar on copper finds at Brazil PGM project
Bravo Mining (TSX.V: BRVO, US-OTC: BRVMF) shares surged more than 40% to $3.25 each, their highest level since January, after the company announced high-grade copper intercepts at its Luanga project…
Early finish for Ivanhoe’s Phase 3 concentrator build at Kamoa-Kakula
The first concentrate is expected in early June, while ramp-up to commercial production is targeted for early in the third quarter.
Kincora partners with AngloGold on NJNB project in Australia
Kincora Copper (TSXV: KCC; ASX: KCC) has secured a key partner in AngloGold Ashanti (NYSE: AU; JSE: ANG) for its Northern Junee-Narromine Belt (NJNB) copper-gold project in Australia. Kincora says…
Video: McEwen aims to build copper industry’s ‘jewel’ at Los Azules in Argentina
Mining entrepreneur Rob McEwen wants to build the Los Azules copper project in Argentina’s high desert with advanced mining facilities, a hotel and visitor’s centre blending into the landscape. “I’d…
China’s CITIC to sell up to 2% stake in Ivanhoe Mines
CITIC Metal Co. is planning to sell a small portion of its holdings in Ivanhoe Mines (TSX: IVN) through public trades or privately through block trades, or the combination of…
Chile to launch public consultation on tailings regulation
Chile’s Mines Minister Aurora Williams announced that the country Chile is launching a public consultation to modify its regulations on the design, construction, operation and closure of tailings facilities in…
Copper prices could surge to US$40,000, says top trader Andurand
The metal has risen almost 20% this year, reaching a record $11,000 per tonne this week.
NGO sues Norway over deep-sea mining plans
Environmental activists have once again turned to the Norwegian courts, this time suing the government over its plans for seabed mineral exploration, which they claim has failed to test the possible…