The US is in talks to set up a $5-billion fund to invest in mining, in what would be the government’s most significant foray into dealmaking to boost supplies of critical minerals. The US International Development Finance Corp is in discussions to establish the fund...
Canadian Industry Minister Melanie Joly said she wuld be meeting the CEOs of Anglo American and Teck Resources next week to discuss their proposed merger. “There have been conversations with the companies, and clearly we wanted to make sure that there would be...
Indian mining and metals conglomerate Vedanta Ltd will continue to rely on coal as its primary energy source for mining operations, while aiming to increase the share of renewable sources in its energy mix, a top executive said on Tuesday. Coal accounts for nearly 70%...
Anglo American and Chile’s state-run Codelco have finalised an agreement to jointly operate their neighbouring Chilean copper mines in a deal aimed at generating at least $5 billion from higher production and cost savings, they said on Tuesday. The plan will...
ranium miner Paladin Energy has unveiled plans for a fully underwritten equity raising of A$300-million to support the development of its Patterson Lake South (PLS) uranium project in Canada, while also advancing ramp-up activities at its Langer Heinrich mine in...
ustralia’s New Hope said today it is focused on organic growth and does not plan to compete for Anglo American’s Australian coal mines, after reporting earnings that were cushioned from a drop in coal prices by higher output. The thermal coal producer said...
