Glencore holds merger talks with Rio
Rio Tinto (NYSE, LSE, ASX: RIO) and commodities trading giant Glencore (LSE: GLEN) are holding preliminary talks about combining some or all of their businesses in a deal that could…
Iron Ore
US focus on Greenland grab misguided: analysts
United States officials are misguided if they think gaining control of Greenland will give them access to a wealth of resources capable of shrinking overnight the country’s critical minerals reliance…
Venezuelan neglect scars mining potential: analysts
Venezuela has significant mineral resources including gold reserves rivalling Peru and Brazil and large dormant projects the government seized more than a decade ago as companies and investors size up…
BlueScope Steel rejects $8.8B takeover offer
BlueScope Steel (ASX: BSL) has rejected an $8.8 billion takeover bid by U.S. steelmaker Steel Dynamics (Nasdaq: STLD) and Australian conglomerate SGH (ASX: SGH), accusing the bidders of trying to buy…
Mineral, metal prices to edge higher: Fitch’s BMI
Most mineral and metal prices are expected to increase slightly this year as robust demand and tighter supply combine with declining tariff uncertainties, according to BMI, a unit of Fitch…
BlueScope plays down $8.8B takeover bid
Australia’s BlueScope Steel (ASX: BSL) said Monday it will likely reject an A$13.2 billion (US$8.8 billion) takeover proposal from a consortium led by Kerry Stokes-backed SGH (ASX: SGH) and U.S.-based…
Trapper emerges as Saga’s top titanium-vanadium plot
Initial drilling by Saga Metals (TSXV: SAGA; US-OTC: SAGMF) at its Radar iron-titanium-vanadium project in Labrador is revealing high grades at shallow depths that show its Trapper target rivals the…
Largo to sell Brazil iron ore for $56M
Largo (TSX, Nasdaq: LGO) has received a binding term sheet for the potential sale of iron ore calcine, a byproduct of its vanadium mining operations in Brazil. The term sheet…
Axis sues Guinea for $29B over bauxite permit
United Arab Emirates-based bauxite producer Axis International has filed a $28.9-billion arbitration claim against Guinea at a World Bank tribunal after the government revoked its mining permit in May. Axis…
Megamines: 10 most expensive bulk projects
With public and government attention shifting to critical minerals, energy transition metals and specialty commodities, and retail investors all-in on rampant gold and silver, here’s a reminder of where the…
BHP hit with $253M UK legal costs demand
BHP (ASX, LSE, NYSE: BHP) could be on the hook for at least £189 million ($253 million) in legal costs after a U.K. court found last month that the world’s…
U.S. lawmaker questions Ivanhoe Atlantic’s China ties
A senior American politician is pressing the State Department over what he calls troubling links between Ivanhoe Atlantic and Chinese state interests. In a letter to Secretary of State Marco…