Copper prices have been hitting record highs – why? May 26, 2024 The price of copper has surged to an all time high this week, and in doing so broke the $11,000-per-ton mark for the first time ever. Why?
Rio Tinto should abandon primary London listing, says activist investor Palliser May 23, 2024 Rio Tinto has come under pressure from an activist investor to abandon its primary London listing and unify its business in Australia.
Mining mega-merger in doubt as clock ticks down on BHP’s Anglo American offensive May 22, 2024 The clock is counting down on BHP’s takeover swoop for Anglo American today as the Australian miner is left with just hours to table an improved offer or walk away.
Anglo American considers listing De Beers in London as part of strategy to ‘unlock significant value’ May 14, 2024 Anglo American's plan would see the company spin off its South African arms as well as De Beers, the famed diamond business
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.