Anglo American shareholders push for faster turnaround plan after BHP takeover swoop May 12, 2024 Anglo American's largest shareholders are pressurising the company into publishing its turnaround plan as soon as it can to inform their views on the interest in the firm from BHP Group.
Glencore expects strong year from trading arm but reports lower copper output April 30, 2024 lencore reported total copper production of about 239,700 tonnes for the first quarter, compared to 244,100 tonnes a year earlier. It said cobalt production was down due to lower output at its Mutanda mine in Congo.
Activist Elliott said to build £800m stake in Anglo American after company rejects BHP’s ‘opportunistic’ bid April 26, 2024 Mining giant Anglo American has rejected BHP Group's £31.1bn proposal after concluding the plan would undervalue its future prospects.
US set to fund London-listed Rainbow Rare Earths mining project as China battle hots up April 22, 2024 Rainbow Rare Earths, listed on the main market of the London Stock Exchange with a market capitalisation of £63m, will receive £40m from Washington's US International Development Finance Corporation to build a plant at the site in South Africa's Kruger National Park.
Ferrexpo finally reveals financial results despite ongoing lawsuits April 18, 2024 Embattled iron pellet producer Ferrexpo has finally revealed its 2023 financial results after delaying them due to legal action against it.
European Green Transition hits London Stock Exchange on rare metal hopes April 8, 2024 The self-described ‘green economy asset developer carries a market capitalisation of £14.5m.
Why are investors flocking to copper? April 5, 2024 If Chinese smelters agree collective production cuts, global supply will likely tighten significantly
‘No evidence’ Endeavour ex-CEO payments were made to terrorist groups, firm says March 27, 2024 Sebastian de Montessus was fired as CEO of Endeavour earlier this year, with the firm's investigation now complete
Weir Group: Mining tech giant buffs lagging sector with strong returns February 29, 2024 The group's positive showing amidst a downturn in the mining sector
BHP to book £5.3bn charge on Samarco dam disaster and nickel mine impairment February 15, 2024 Mining giant BHP has said today it will take a non-cash impairment charge of approximately $3.5bn (£2.8bn) against the carrying value of its Western Australia Nickel arm