Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…
United Kingdom
Anglo, Teck strike $50B merger in decade’s top deal
Anglo American (LSE: AAL) is acquiring Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), Canada’s largest diversified miner, in a $50-billion (C$69-billion) all-share deal that would create the world’s fifth-largest copper…
Central banks expect more gold buying, de-dollarization
Central banks around the world continue to hold favourable expectations for gold, with most looking to add to their reserves over the coming months and even years, an annual survey…
RANKED: World’s biggest copper mines
Copper is the metal most tied to the global economy because of its essential role in sectors from transportation to manufacturing and electrification. A growing emphasis on clean energy means…
Tariff fears spark surge in gold shipments to U.S.: Financial Times
Increasing fears over the prospect of U.S. tariffs have sparked a jump in gold shipments to New York while creating a shortage of bullion in London, the Financial Times reported….
The future of copper mining’s top tier?
BHP (NYSE, LSE, ASX: BHP) appears to be discarding its long-running interest in Anglo American (LSE: AAL) and pivoting to spend billions instead on expanding its own assets. Over the…
London Symposium Video: Beaty receives TNM’s lifetime achievement award
Mining industry pioneer Ross Beaty joined mining icons like Peter Munk and Robert Friedland after receiving The Northern Miner’s lifetime achievement award. He is celebrated for founding 15 companies, including…
London Symposium Video: New unified global sustainability standard to roll out by 2026, panel hears
Global mining groups aim to launch a single sustainability standard by early 2026 to simplify reporting and address industry challenges, an event in London heard this month. The International Council…
London Symposium: ‘Mining must move at the pace of business, not bureaucracy,’ Ontario’s Pirie says
Ontario’s bid to lead in the critical minerals boom in Canada is fuelled with funding increases and deregulation goals in a new mining code. Yet the province must still widen…
Anglo shares rise amid renewed takeover speculation
BHP is now free to relaunch a bid to acquire Anglo, as the six-month standstill mandated by London’s takeover rules has expired.
JV Article: Sandvik launches global parental leave program for employees
Swedish multinational engineering company Sandvik, which specializes in mining equipment and component manufacturing, has rolled out a 14-week parental leave program for its employees worldwide. The program provides 90% of…
Glass half-full economy powers gold higher
“Stable but underwhelming growth” is what the International Monetary Fund has projected in its World Economic Outlook, released in late October. With wars in Ukraine and on two Israeli borders…