Jack and Adam Lundin are TNM’s Persons of the Year for 2024
Sometimes a discovery is so big, it takes generations to discover, define and develop – in order to become a mining district that produces metals for future generations. Over the…
Anglo American plc
BHP tops all miners in Forbes list of world’s best employers
Australian miner BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has earned a spot in Forbes list of the world’s best employers of 2024, placing best amongst all peers in the…
London lags in mining listings as rivals surge
The market capitalization of LSE-listed mining stocks has shrunk to $272bn from $322bn in 2018.
BHP, Lundin grab Filo in US$3B South American copper deal
Mining giant BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Canada’s Lundin Mining (TSX: LUN) have teamed up to acquire South America-focused Filo Corp. (TSX: FIL), in a US$3-billion ($4.1…
Dull diamond market hinders Anglo’s sale of De Beers
Anglo American (LSE: AAL) revealed on Thursday it could cut diamond production once again amid persistent market challenges, complicating its plan to sell its De Beers unit as part of…
BHP halts Western Australia nickel mines on weak prices, glut
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) is halting its Western Australia nickel operations starting in October, as the world’s largest miner struggles to navigate challenges posed by a substantial…
Anglo American kicks off coal assets sale — report
Anglo American (LSE: AAL) is said to have formally kicked off a process to divest its coal assets, enlisting the services of three top banks as part of a broader…
De Beers sales drop to US$315M amid search for new owner
De Beers’ sales of rough diamonds fell for the second time this year, with the Anglo American (LSE: AAL) unit recording a provisional US$315 million, down from US$383 million in…
Anglo American to produce iron ore from Vale’s deposit in Brazil
The miners have signed an agreement to integrate the Serra da Serpentina deposit into the Minas-Rio iron ore complex.
Anglo American receives ok for US$40M plan to extend El Soldado life
Chile’s environmental agency has approved Anglo American’s (LSE: AAL) environmental impact statement (EIS) for its US$40-million operational continuity plan at its El Soldado copper mine, 125 km north of the…
Miners in Chile to pay more taxes as long-awaited reform approved
Chilean lawmakers have approved an amended mining royalty bill, in the works for almost two years, which will make companies operating in the country pay more taxes and royalties to…
Colonial boss scores two kicks at same coal can for billions in B.C.
David Austin has already sold what may be the largest undeveloped metallurgical coal land package in western Canada for several billion dollars. Now, in a strange twist of fate, he’s…