Two companies said they are seeking offshore seabed acreage on the Norwegian continental shelf where they hope to explore for minerals, in what could be the start of a controversial new mining industry. The process puts Norway on track to become the first country to...
Canadian miner First Quantum Minerals, which lost the right to operate its copper mine in Panama last year following protests by environmental groups and a court ruling deeming its contract void, is seeking to speed its copper projects in Peru, a company executive...
Global mining heavyweights including Lundin Mining, Glencore and First Quantum Minerals are piling into Argentina as a new government intent on luring foreign investment propels the companies closer than ever to opening up vast copper deposits in the red-hued Andes....
BHP and Kingsrose Mining have struck an exploration alliance that will see the Big Australian fund the junior’s nickel-copper exploration in Norway and Finland. BHP will fund up to $87 million across the project generation and earn-in phases, leaving the major with...
Anglo American has rejected another takeover offer from BHP, marking the Big Australian’s third attempt at acquiring the company. The latest offer, put forward on May 20, valued each Anglo share at 0.8860 BHP shares, up from the 0.8132 BHP shares proposed on May...