Guinea talks alumina and energy investments with Glencore following bauxite deals, says minister
Guinea's mines minister revealed that the country is in discussions with Glencore about investment opportunities beyond last week’s bauxite deal. The goal of this discussion…
White House Copper Tariff Plan Stalls Due to Concerns About Affordability, Sources Say
Two people with knowledge of the situation say that the White House hasn't yet decided on tariffs for refined copper. Officials are weighing the benefits of encouraging more…
Mining mergers are not hampered by increased regulatory scrutiny, say bosses
Mining executives say regulatory scrutiny is increasing as governments pay more attention to security of supply and critical minerals in the face a volatile geopolitical background.
Australia commits $1.76 billion to keep Rio Tinto aluminium smelter open
Australia announced on Thursday that it will provide a?A$2.5billion ($1,76billion) to keep Rio Tinto's Tomago aluminum smelter - the largest in the country - open beyond 2028…
Australia commits $1.76 billion to keep Rio Tinto aluminium smelter open
Australia announced on Thursday that it would be providing A$2.5 billion (1.76 billion dollars) to help Rio Tinto keep its?Tomago aluminum smelter open beyond 2028. A government…
The mines minister of Guinea has announced that Nimba will sell bauxite via monthly tenders.
Guinea's?Nimba?Mining Company, a state-owned company, will sell its bauxite in monthly auctions that are open to international traders and miners. The government is trying to…
Trump will host mining CEOs to discuss the administration's desire for minerals in defense supply chains
?U.S. Donald Trump, the president of the United States, will meet with executives of?some?of the largest mining companies in the world at the State Department this Friday. His…
Trump will host mining CEOs to discuss the administration's desire for minerals in defense supply chains
U.S. president?Donald Trump?will convene executives of?some the world's biggest mining companies?at?the State Department?on Friday. His administration is intensifying efforts…
Bloomberg News reports that KBC and Deutsche Bank have frozen some Radiant World Singapore bank accounts.
Bloomberg News reported that a number of Radiant World Singapore 'bank accounts have been frozen by Deutsche Bank and KBC Group NV, while other banks have suspended credit lines.
Glencore's Australia listed taps mining friendly capital for copper and M&A goals
Glencore's plan to list on the secondary market in Australia is a move to tap into one of the fastest-growing pools institutional capital around the world to finance its copper growth ambitions…
As the standstill comes to an end, Rio Tinto does not rush to revive Glencore as it signals that no hurry is needed.
The freeze on Rio Tinto approaching Glencore to takeover ends this week. However, those who have been briefed on the situation by top executives do not expect any new tie-up discussions for now.
The Australian oil refinery's re-orientation will have to overcome several obstacles
The proposal by Australia to build its first oil refinery for 60 years is hampered by a lack of crude supplies, an uncertain fuel demand in the future, and a builder who has little experience refining.
Glencore's copper production up 15% and sees $3.3 billion in marketing EBIT
Glencore announced 'on Wednesday that its first-half production of copper rose by a whopping 15% due to higher grades in key operations. Its'marketing unit, on the other hand…
Australian shares are down as consumer and bank stocks fall; commodity stocks hold back losses
Australian shares fell on Monday, as losses in consumer and financial stocks were offset by gains in commodities. Meanwhile, 'Vault Minerals' surged to its highest level in…
AustralianSuper: A Glencore listing at ASX could be positive
AustralianSuper, a pension fund, said on Wednesday that if Glencore decided to list its shares on the Australian Securities Exchange it would be a "positive" move for the bourse…
BlackRock sees merit in large scale mining M&A
BlackRock will support consolidation of large mining companies because it would make the sector more accessible to generalist investors at a scale which would make it easier…
BlackRock sees merit in large scale mining M&A
BlackRock will support consolidation among large mining companies because it would 'open the sector to generalists investors? at a scale which would make it easier for?bring…
Australia shares fall to a 1-1/2-month low due to commodities and Mideast tensions
On Monday, the Australian share index fell to its lowest level since more than a month, weighed down by heavyweight stocks linked to commodities, and a rise in crude oil prices, which stoked inflationary fears.
Sources say that Rio Tinto is considering raising stakes in the Los Azules copper mine project in Argentina.
Rio Tinto has been evaluating the potential economic impact of McEwen Copper’s Los Azules giant project in Argentina, as the mining group is considering increasing its 17.2% share in the development.
Australia shares drop as fears escalate over Mideast conflict
Australian shares fell to a two-week low across all sectors on Thursday, as investors worried about reports of gunfire in the Strait of Hormuz, and faded hopes of a peace agreement.