Rio Tinto has not ruled out Anglo American bid: report
While Rio has a smaller market capitalization than rival BHP, it’s large enough to make an all-share offer for some or all of Anglo American.
Australia, NZ & South Pacific
BHP, Ivanhoe Electric to hunt for US copper together
Mining giant BHP (ASX: BHP; LSE: BHP; NYSE: BHP) and Ivanhoe Electric (NYSE: IE; TSX: IE) have partnered to explore for copper and other critical minerals in selected areas in…
Canuck carbon firms vie for Musk-funded US$100M
Arca, a company that’s signed a deal with BHP (LSE: BHP; NYSE: BHP; ASX: BHP), is one of three Canadian technology firms in the running for the US$100-million Xprize carbon…
Regis Resources to expand gold production with two new mines
Australian gold miner Regis Resources (ASX: RRL) has greenlit construction of two new underground mines, forecast to deliver between 100,000 oz. and 120,000 oz. of the precious metal per year…
Fortescue begins building Arizona green hydrogen plant
Australia’s Fortescue (ASX: FMG) has begun building its first “green” hydrogen plant in Arizona, which is expected to produce up to 11,000 tonnes of the element annually, aimed at decarbonization…
Underwater power play for metals in full swing
Despite its stranglehold on mining and processing, there’s one arena of critical minerals that China doesn’t control – underwater resources. No one does, as deep sea mining has yet to…
Explorer combs near ex-Rio copper mine in Pacific
A private Canadian junior is exploring on Papua New Guinea’s Bougainville Island that suffered a decade-long civil war and environmental damage linked to a former Rio Tinto (NYSE: RIO; LSE:…
JV Article: New legislation to ‘turbo-charge’ mining in New Zealand: Resource Minister
The election of a new Prime Minister late last year was a geopolitical shift in New Zealand. The new government introduced a fast-track approvals bill for infrastructure and mining projects…
Explorers need majors to fund innovation: report
Explorers depend almost exclusively on established miners for innovation even though larger companies restrain their pioneering research, according to a new study. Almost 90% of the industry says explorers don’t…
Greatland Gold may buy Havieron back from Newmont
Greatland Gold (LSE: GGP) said Tuesday it is in a strong position to buy back a majority stake in the Havieron gold-copper project in Western Australia from Newmont (NYSE: NEM;…
First Quantum to shut Ravensthorpe nickel mine
Canadian miner First Quantum Minerals (TSX: FM) has decided to close its Ravensthorpe nickel operation in Western Australia. The ceasing of operations at the mine this week will cut around…
Anglo American rejects BHP’s ‘undervalued’ US$39B bid
Anglo American (LSE: AAL) has rejected a US$39 billion takeover proposal from BHP (LSE: BHP; NYSE: BHP; ASX: BHP) that requires Anglo to divest its platinum and iron ore businesses…