BHP strike threat fuels iron ore’s best week since May
Iron ore prices are headed for their biggest weekly gain since early May as a looming strike at BHP‘s (NYSE, LSE, ASX: BHP) Port Hedland export terminal raises supply concerns…
BHP
Rule Summit: Lara drills Planalto toward $1B Brazil copper test
BOCA RATON, Fla. – Lara Exploration (TSXV: LRA; US-OTC: LRAXF) has seven rigs turning at its Planalto copper-gold project in Brazil, a 14,000-metre test of whether the Carajás discovery can…
BHP leverages $1.5B to restart Chile copper mine
BHP (NYSE, LSE, ASX: BHP) has begun the process to reopen the Cerro Colorado copper mine in Chile, targeting an investment of $1.5 billion to restart the operation and extend…
South32 sells aluminum businesses to Alcoa for $5.6B
Australia’s South32 (ASX: S32) has agreed to sell nearly its entire aluminum portfolio to Alcoa (NYSE: AA; ASX: AAI) in a deal valued at up to $5.6 billion (C$7.9 billion)….
BHP’s Jansen mine, a year away, faces crowded slot
BHP’s (NYSE, LSE, ASX: BHP) Jansen mine in Saskatchewan – at $15.3 billion (C$21.6 billion), the company’s biggest ever investment – will join a packed field when it enters production about…
China question clouds Nunavut road-to-port plan
A Chinese state-backed miner owns the remote Izok Corridor in Nunavut, one of the richest zinc deposits in the world, and the Canadian government has provided some financing for the…
Faraday drilling expands Copper Creek potential
New drilling at Faraday Copper’s (TSX: FDY; US-OTC: CPPKF) Copper Creek, one of America’s largest undeveloped projects for the red metal, has identified broad zones of near-surface mineralization that could…
BHP, Rio test electric trucks to cut iron ore emissions
Industry leaders begin testing electric haul trucks as mining seeks to cut emissions at scale.
BHP takes $2.3B hit on Jansen potash mine as cost forecast swells again
BHP Group (ASX, NYSE, LSE: BHP) plans to record a $2.3-billion (C$3.25-billion) impairment charge on its giant Jansen potash mine in Saskatchewan due to cost and timing overruns for the…
BHP to sell $1.5B Chile power lines in copper-first pivot
Mining giant BHP (ASX: BHP) is preparing to sell about $1.5 billion worth of power transmission assets in Chile as the world’s largest miner sharpens its focus on copper and…
Northern Star rejects Elliott push for company sale
Australia’s top gold miner is rebuffing activist pressure as leadership change and operational challenges weigh on performance.
Elliot pushes Australia’s top gold miner to weigh sale
Activist investor Elliott wants Northern Star Resources to review strategy, leadership and board composition.