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.
Australia, NZ & South Pacific
Gold to reach new highs in 2026: Goldman poll
Almost 70% of global institutional investors expect gold prices to post additional gains next year, Goldman Sachs said, citing the conclusions of a new poll. The biggest proportion of respondents…
Fortescue ends court dispute with former execs
Australia’s Fortescue (ASX: FMG) has agreed to settle its high-stakes lawsuit accusing former executives of stealing company data to build their green iron start-up Element Zero. The iron ore miner had…
Power cuts hit Lynas; Canaccord flags fiscal-2026 earnings risk
Lynas Rare Earths (ASX: LYC; US-OTC: LYSDY) says repeated grid interruptions this month at its new Kalgoorlie cracking-and-leaching plant will leave a shortfall in mixed rare earth carbonate feed this…
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,…
Harmony bets big on copper with $1.6B Eva build
South Africa’s Harmony Gold (JSE: HAR, NYSE: HMY) has approved construction of its $1.6 billion Eva copper project in Australia, setting a three-year build that begins in the third quarter of…
Larvotto greets antimony demand crunch as output nears
Larvotto Resources (ASX: LRV) is preparing for first production of antimony next year at its Hillgrove project in New South Wales, believed to be the largest deposit of the critical…
Canadians support mining despite Nimbyism: Survey
Canadians broadly support mining’s role in the energy transition but remain wary of new projects in their own regions, according to new national polling that highlights both opportunities and persistent…
Freeport to restore more Grasberg output next year
Freeport-McMoRan (NYSE: FCX) says it plans to restore large-scale production at Indonesia’s Grasberg mine from next year’s second quarter after a mudslide killed seven workers in September. Grasberg’s Block Cave…
Copper and gold surge in FireFly’s Green Bay update
A resource update for FireFly Metals’ (ASX, TSX: FFM) Green Bay project in north-central Newfoundland more than doubles contained copper, gold and silver over the initial estimate from a year…
Rio cuts alumina output in Australia
Rio Tinto (NYSE, LSE, ASX: RIO) plans to scale back output at its Yarwun alumina refinery in Queensland by 40% starting in October 2026 to extend the plant’s operating life…
RANKED: World’s 20 biggest gold projects
Gold bugs have been riding a scorching rally in 2025. With a gain of over 50%, gold is one of the best-performing assets year to date, buoyed by strong buying…