Slave-labour ruling lands Vale on ‘dirty list’
Vale said that its inclusion in the list is incorrect and that it will take the necessary steps for its immediate removal.
Iron Ore
Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
Rio Tinto invests US$143M in low-emission steel plant
Rio Tinto (ASX, NYSE: RIO) is investing US$143 million in a new research and development centre in Western Australia that will be focused on developing low-emission steel production methods. The…
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…
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…
BHP, Rio Tinto to fast-track electric haul truck trials
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO), the world’s two largest miners, have partnered up to accelerate the first trial of…
Rio Tinto faces pressure to leave London exchange
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) should switch its primary listing from the London stock market to Australia’s, a move that could boost the miner’s share price by…
Anglo American rejects BHP’s third, US$49.2B bid
Anglo American (LSE: AAL) rejected on Wednesday a third takeover bid by BHP (ASX: BHP) that valued the company at US$49.2 billion (£38.6 billion), but it has agreed to extend…
Anglo’s second top investor demands BHP bid revision
Anglo American’s (LSE: AAL) second largest investor said on Wednesday it believes BHP’s (ASX: BHP) takeover bid requires “meaningful revision” in public remarks made just hours before the deadline for…
Mining-strong Oz budget could lead to another surplus, but more can be done, say insiders
For the second consecutive year, the Australian government has announced a budget surplus mainly owing to a vibrant mining sector, this time projected at A$9.3 billion, though some in the…
Anglo American to sell De Beers, Amplats after latest BHP bid
Anglo American (LSE: AAL), the takeover target of mining giant BHP (ASX: BHP), has yielded to pressure from investors by announcing plans to sell some of its legacy assets in…
JV Content: Quebec seizes golden opportunity in critical minerals
Quebec has long enjoyed a reputation as a top-tier mining jurisdiction, but until recently, gold has run the show. Since it released its critical minerals strategy in 2020, however, spending…