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Companies seek Norway seabed mining permits

Companies seek Norway seabed mining permits

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...
First Quantum seeks to speed up Peru projects

First Quantum seeks to speed up Peru projects

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...
BHP Xplor sets up copper aspirant’s success

BHP Xplor sets up copper aspirant’s success

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...
Why Anglo rejected BHP’s third takeover offer

Why Anglo rejected BHP’s third takeover offer

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...