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Mining

  • City law firm to rebrand after co-founder demands name be stripped

    Legal

    The co-founder of a City-based law firm behind the largest group claim in UK history against mining giant BHP said he will file a cease-and-desist to have his name removed after the firm initiated legal action against its own clients in the claim. US disputes lawyer Harris Pogust, who co-founded Pogust Goodhead (formerly PGMBM) alongside [...]

    City of London boundary dragon statue symbolizing economic uncertainty amidst political instability
  • City firm behind BHP litigation faces legal action over unpaid barrister fee claims

    Legal

    A barrister for the law firm behind the record BHP litigation has alleged in a £2.6m lawsuit that the firm failed to pay him and now faces a counterclaim. Ibar McCarthy, a barrister at Normanton Chambers, alleged City law firm Pogust Goodhead did not pay him for his work on the £36bn litigation against mining giant [...]

    LONDON, ENGLAND - JANUARY 19: A statue of the Scales of Justice stands above the Old Bailey on January 19, 2021 in London, England. Criminal watchdogs representing England and Wales have expressed concern over the backlog of cases, caused by the Coronavirus pandemic. Figures have revealed that the backlog of unheard cases in the crown courts has reached 54,000. (Photo by Dan Kitwood/Getty Images)
  • Glencore targets secondary listing in Australia as London loses mining shine

    Mining

    Glencore will launch a secondary listing in Australia in the latest blow to London’s ailing stock market as miners continue to eye opportunities away from the UK. The mining and trading juggernaut, which is among the largest companies on the FTSE 100 boasting a market cap of £64.4bn, is pursuing the listing following its group’s [...]

    Glencore corporate headquarters building exterior with the company logo sign, representing the commodities firm.
  • Uranium miner plots London float as father-and-son team reopen abandoned site in northern Italy

    June 30, 2026

    A firm planning to mine uranium in northern Italy has drawn up plans for a London float as it seeks to capitalise on renewed interest in nuclear technology. Reveille Resources, which will be operated by Ippolito Ingo Cattaneo alongside his father, Andrea Cattaneo, are preparing to join London’s small-cap Aquis exchange as soon as this [...]

  • Mining boss: Platinum to become a central bank reserve asset

    June 18, 2026

    Central banks could turn to platinum as the next frontier of their shift to bolster reserves with precious metals in favour of the US dollar, the boss of a leading miner has predicted. Valterra Platinum chief executive Craig Miller said that the world’s reserve banks are increasingly likely to view platinum as a safe haven [...]

  • Ferrexpo: Miner taps Ukrainian oligarch for $100m equity lifeline

    April 28, 2026

    Cash-strapped London-listed Ukrainian miner Ferrexpo confirmed today that existing investors are prepared to throw it a $100m lifeline as the former FTSE 250 stalwart scrambles to stay in business. It plans to issue new shares to raise the cash. But the time needed for the scheme will delay publication of its annual accounts for last [...]

  • Glencore shares slide after Rio Tinto merger unravels

    February 5, 2026

    Shares in Glencore tumbled on Thursday after talks over a blockbuster merger between the firm and rival Rio Tinto came to nothing. The London-listed mining giant said it was unhappy with the terms of Rio’s takeover offer, which included Rio keeping hold of top executive roles within the proposed combined business. “The key terms of [...]

  • Endeavour Mining powers up dividends after earnings rise

    July 31, 2025

    Endeavour Mining has dished out more returns to shareholders as its dividends hit a record $140m in the first half of the year, supplemented with $69m of share buybacks. The mining giant has taken advantage of the world’s enthusiasm for gold as it more than doubled its adjusted earnings before interest, taxes, depreciation and amortisation [...]

  • Anglo American: Revenue takes hit amid Trump tariff turmoil

    July 31, 2025

    Anglo American’s revenue has taken a hit as tariff turmoil dented trading levels for the mining company.  The FTSE 100 giant is taking a greater focus on copper but it has not escaped the threat of President Donald Trump’s threats on all commodities including the red metal.  Late on Wednesday, the US president said he [...]

  • London Tech Week: Rio Tinto leans into UK tech to hit net zero targets

    June 9, 2025

    The UK must invest more materials innovation and secure tech partnerships or risk being left behind in the global arms race for essential minerals needed for energy transition, mining giant Rio Tinto execs told London Tech Week. Chief executive Jakob Stausholm and chief innovation officer Dan Walker said the FTSE 100 giant is betting heavily [...]

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