Anglo flags third De Beers writedown
Anglo American (LSE: AAL) is weighing a third writedown of De Beers in as many years as weak diamond prices persist and the miner advances asset sales ahead of its…
Anglo American (LSE: AAL) is weighing a third writedown of De Beers in as many years as weak diamond prices persist and the miner advances asset sales ahead of its…
Rio Tinto (ASX, LSE, NYSE: RIO) and Glencore (LSE: GLEN) have scrapped plans for a $260-billion merger that would have created the world’s largest mining company. In a statement on Thursday,…
Barrick Mining (TSX: ABX; NYSE: B) unveiled plans to spin off its North American gold assets into a new publicly listed company by the end of the year as it appointed…
The United States has danced this tune many times in the past, and each time it led to misery, bloodshed or civil war for its southern neighbours. The track record of U.S. intervention isn’t good, and that’s perhaps sobering news for the Venezuelans. Take the period throughout the…
With the 2026 Winter Olympics just days away, anticipation is building as the world prepares for another showcase of the elite winter sport. Around 3,500 athletes from more than 90…
Ivanhoe Mines (TSX: IVN) says it’s in advanced talks with the Democratic Republic of Congo’s state miner Gecamines and Swiss commodities trader Mercuria to route zinc-rich concentrate from the Kipushi…
Analysts at Fitch Solutions’ BMI have lifted their price forecasts for industrial metals to reflect the speculative momentum in the sector as well as strong market fundamentals and macroeconomic forces….
The Democratic Republic of Congo’s surprise move last year to curb cobalt exports helped lift prices and pushed higher costs back into the electric-vehicle supply chain, Adamas Intelligence battery-metals analyst…
China may look to stockpile more copper as part of its strategic minerals inventory after its state-backed metals industry group suggested the move to bolster the nation’s supply security. During…
Glencore (LSE: GLEN) said it’s halting all spending on emissions reduction at its Horne smelter in northern Quebec after failing to reach a deal with the provincial government on a…
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) founder and co-executive chairman Robert Friedland relayed the mining industry’s support for how U.S. President Donald Trump has funded projects, quickened permits and now…
Glencore (LSE: GLEN) has entered a non-binding deal for the potential sale of a 40% stake in its mine assets in the Democratic Republic of Congo to the Orion Critical…
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