Glencore cuts 2026 copper target, plots long-term jump
Mining and commodities giant Glencore (LSE: GLEN) plans to expand annual copper production to about 1.6 million tonnes by 2035 as it seeks to reverse a multi-year slump in output….
Anglo American
BHP’s latest bid for Anglo topped $53B: report
The world’s largest miner offered £34/share (approx. $42.5), a 24% premium to Anglo’s £27.36 close, but it was not enough to succeed.
SolGold rejects Jiangxi takeover amid copper frenzy
The copper miner said it was second takeover approach from Jiangxi Copper in less than a week.
Anglo-Teck deal gets Canada security OK: report
Canada’s federal government has cleared Anglo American’s (LSE: AAL) proposed combination with Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) on national security grounds, The Globe and Mail reported, citing an…
Canada orders security review of Anglo-Teck merger
Canada has launched a national security review of the proposed merger between Anglo American (LSE: AAL) and Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Industry Minister Melanie Joly said on…
UK to meet 30% of critical mineral needs by 2035
Britain plans to lift the share of critical minerals it gets from domestic mines and recycling to 30% by 2035, up from about 6% today, under a new 10-year strategy…
BHP exits latest approach to buy Anglo, adding twist to merger saga
BHP (NYSE, LSE, ASX: BHP) has made another approach to buy Anglo American (LSE: AAL) despite the London-listed miner’s proposed merger with Canada’s Teck Resources (TSX: TECK.A/TECK.B). On Sunday, BHP,…
Anglo’s Quellaveco copper output hits 1M tonnes
Anglo American’s (LSE: AAL) Quellaveco copper mine in southern Peru has produced 1 million tonnes of copper since operations began in 2022, marking a major milestone for one of South…
Chile vote thrusts right-winger to runoff
A strong showing by pro-business candidates in Chilean elections yesterday bodes well for the resurgence of mining investment in the world’s largest copper producer. Although conservative hardliner José Antonio Kast…
A third of mines don’t meet tailings rules: ICMM
A new report finds 33% of mines around the world operated by two dozen leading companies don’t fully meet industry standards for tailings management. Yet two-thirds of 836 facilities are…
Glencore output on target despite copper fall
Shares in Glencore (LSE: GLEN) climbed on Wednesday after the Swiss miner and commodities trader said it remains on track to meet its full-year production targets, easing investor concerns about…
Angola challenges Botswana in De Beers bid
Angola’s state diamond company Endiama has submitted a formal bid for Anglo American’s (LSE: AAL) majority stake in De Beers, in a sharp shift from its earlier position of seeking…