Anglo American posts record profit, more than triples payout
Anglo American (LSE: AAL) joined a growing list of miners that have delivered record profits this week, with full year earnings of US$20.6 billion and a US$2.1-billion final dividend, on…
BHP
South32 completes Sierra Gorda stake buy
South32 (LSE: S32; ASX: S32; JSE: S32) has completed the acquisition of a 45% stake in the Sierra Gorda copper mine in Chile from Japan’s Sumitomo Metal Mining and Sumitomo…
JV Article: Newly public Zacapa Resources focuses on US copper-gold exploration with drill-ready targets in prolific belts
Zacapa Resources (TSXV: ZACA), an exploration company with six copper and gold projects in some of the world’s best jurisdictions – listed on the Toronto Stock Exchange last week, going…
Glencore earmarks US$1.5B for probes amid record profit
Mining and commodities trader Glencore (LSE: GLEN) will set aside US$1.5 billion to cover a series of probes into bribery and market manipulation, which it expects to resolve before year-end….
Gates, Bezos-backed firm gets cash injection to find battery metals
KoBold Metals, a start-up backed by a coalition of billionaires including Bill Gates and Jeff Bezos, has raised $192.5 million in its latest financing round, which will allow it to speed…
BHP to cut emissions by 30% with first LNG-powered bulk carrier
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has taken a key step towards its goal of reaching net-zero by 2050 after receiving the first of five LNG-powered carriers to transport…
Rio Tinto report reveals culture of sexual harassment, bullying and racism
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has unveiled the results of an unfavourable external report outlining a culture of “systematic” bullying, sexual harassment and racism at the world’s second largest…
BHP takes minority stake in privately held Kabanga Nickel
Less than a month after walking away from a bidding war with Wyloo Metals for Noront Resources (TSXV: NOT) and its Ring of Fire nickel assets in Canada, BHP (NYSE:…
Rio Tinto to transport iron ore in Pilbara via battery-electric trains
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is buying four battery-electric trains from U.S.-based Wabtec (NYSE: WAB) for use at its Pilbara iron ore mines in Western Australia, as part…
Update: BHP won’t match Wyloo offer for Noront
Noront Resources (TSXV: NOT) has chosen to go with the latest bid put forward by Australian billionaire Andrew Forrest’s Wyloo Metals, giving BHP (NYSE: BHP; LSE: BHP; ASX: BHP) five…
Noront picks Wyloo’s latest offer, gives BHP five days to match
Noront Resources (TSXV: NOT) said today it has chosen to go with the latest bid put forward by Australian billionaire Andrew Forrest’s Wyloo Metals, but has given BHP (NYSE: BHP;…
Noront to negotiate with Wyloo on sweetened offer
Noront Resources (TSXV: NOT) said on Tuesday it plans to negotiate directly with Australian billionaire Andrew Forrest’s Wyloo Metals on the company’s sweetened acquisition bid, which has reignited a long-dragge-out…