Rio Tinto, Glencore nix $260B mega-merger
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,…
Iron Ore
High metal prices don’t equal more demand: BMO
Metals demand in the global industrial economy has been soft since November, despite rising prices across most metals over the past year and manufacturing expansion at its highest level since…
Mining industry rates Chile’s critical mineral plan
Industry responses to Chile’s new National Critical Minerals Strategy ranged from supportive to sceptical as officials shift the country’s traditional reliance on copper towards a broader mix of resources aligned with…
Copper rally lifts 2026 earnings view for miners: report
Rising spot metal prices are setting up one of the strongest earnings years in recent memory for diversified miners, with Rio Tinto (ASX: RIO, LSE: RIO) and Glencore (LSE: GLEN)…
CHARTS: Mining M&A surges as Canada deal values hit post-2009 high
Mining companies are rushing into mergers and acquisitions (M&A) as a core growth strategy, a shift that is helping drive Canada’s deal market to its highest level in more than…
Vale says rains overflow Brazil mine pit
Vale (NYSE: VALE) said sediment-laden water overflowed from a pit at the Fábrica iron ore mine in Brazil’s Minas Gerais State early Sunday morning. No injuries occurred and the incident…
Pope Leo XIV urges ethical mining in Vatican talks
Pope Leo XIV met senior mining and energy executives at the Vatican on Saturday to press for more ethical approaches to resource extraction, signalling a shift in tone between the…
YMP funds $250,000 to mining students
Andrea Ferriss is studying for a BSc (Hons) Geology at the University of Alberta to champion sustainable resource development as a priority for the industry. “I’ve chosen a career in…
Ivanhoe Atlantic pivots to US IPO after rail deal win
Ivanhoe Atlantic is weighing an initial public offering in the United States later this year after securing long-awaited approval to use a key rail corridor to export iron ore from…
ERG earmarks $1B for Kazakhstan operations
Eurasian Resources Group (ERG) plans to invest more than $1 billion in its mining and metallurgical assets in Kazakhstan, the largest investment in ERG’s projects in the Central Asian country…
Rio Tinto copper output rises as merger talks loom
Rio Tinto’s (ASX, NYSE, LSE: RIO) copper production rose 5% in the fourth quarter as a surge from Mongolia’s Oyu Tolgoi underground expansion more than offset weaker output at Chile’s…
Venezuela aluminum restart may cost $2.3B: WoodMac
Reviving Venezuela’s idle aluminum industry would require up to $2.3 billion in investment but could help ease a widening supply gap in the Americas, according to a new report from…