Opinion: Canada’s critical-minerals shortcut is old mines
The mantra “Canada has what the world needs” has circulated in different iterations for years, most recently adopted by Prime Minister Carney. But we cannot assume geology alone will result…
Iron Ore
Chile bill targets foreign cash for next mining boom
Chile is opening its capital markets to junior explorers as the world’s top copper producer and second-largest lithium supplier seeks more investment to fund new mineral discoveries. The Senate-approved bill,…
BHP, KGHM join forces in global hunt for copper
BHP (ASX, LSE, NYSE: BHP), the world’s largest miner, and KGHM Polska Miedź (WSE: KGH) are joining forces to hunt for new copper deposits globally as demand for the metal…
BHP faces 7,000-worker class action over holiday shifts
An Australian mining union is funding a class action against two BHP (LSE, NYSE, ASX: BHP) subsidiaries that could cover as many as 7,000 workers, alleging employees were unlawfully required…
Baowu eyes stake in BHP’s Jimblebar mine: Reuters
China Baowu Steel Group is exploring an investment in BHP’s (ASX, LSE, NYSE: BHP) Jimblebar iron ore operation in Western Australia, according to people familiar with the discussions cited by…
BHP commercial chief exits amid China iron ore strain
BHP (ASX, LSE, NYSE: BHP) chief commercial officer Rag Udd will leave the world’s largest miner at the end of January, opening a key leadership vacancy as China intensifies pressure…
Editorial: The money is already here
Despite a sharp escalation in the Canada-U.S. trade dispute, global investors are already voting with their wallets ahead of Prime Minister Mark Carney’s Sept. 14-15 investment summit in Toronto. Total…
Rio’s Barton joins Carney’s $1T investment drive
Prime Minister Mark Carney has named Rio Tinto (LSE, ASX, NYSE: RIO) chair Dominic Barton to lead Invest in Canada’s board as Ottawa expands the federal agency’s role in attracting…
Glencore looms over Anglo-Teck’s $1.4B copper prize: FT
Glencore (LSE: GLEN) could complicate Anglo American’s efforts to capture the biggest gains from its $53-billion merger with Teck (TSX: TECK.A TECK.B, NYSE: TECK) as the miners negotiate how to…
Fortescue suspends executive over harassment claims
The suspension comes a week after the company said the executive would continue to work as the investigation developed.
Fortescue exec kept on job during sex-harassment probe
Fortescue (ASX: FMG) is keeping an unnamed senior executive at work while external lawyers investigate allegations of sexual harassment and bullying, energy chief Gus Pichot said Thursday. The Australian miner…
BHP’s new boss favours new builds over M&A
BHP (ASX, NYSE, LSE: BHP) CEO Brandon Craig is prioritizing copper expansions over acquisitions, brushing aside speculation the mining giant could pursue uranium developer NexGen Energy (TSX: NXE) as lofty…