Fortescue and global investor Actis have been awarded the exclusive rights to develop, build, own and operate a large green hydrogen project in Oman via a consortium. The hydrogen project is currently in the feasibility stage and is expected to involve construction of...
Tietto Minerals has recommended shareholders accept an unsolicited takeover bid ASX-listed Chinese gold mining major Zhaojin launched earlier this month. Australian-based Tietto, of which Zhaojin is a key shareholder, previously urged its shareholders to...
Copper producer Codelco saw a decline in quarterly output due to lower quality ore at its aging Chilean mines — the latest sign of supply-side struggles that have helped send metal prices to two-year highs. The State-owned company’s wholly-owned mines produced 295 000...
Boss Energy has celebrated a “highly successful” first quarter as a fully-fledged uranium producer as it turns its eye to expansion. The March quarter was defined by the commissioning of the company’s flagship Honeymoon project in South Australia, followed by the...
Anglo American has unanimously rejected BHP’s proposed $60 billion takeover. So will the Big Australian return with a bigger offer? The resounding rejection came a day after BHP launched its bid, which would have required Anglo to spin-off its entire...
Anglo American saw an 11 per cent increase in copper production during the March 2024 quarter, alongside many production highlights. The major miner also recorded a seven per cent increase in steelmaking coal production. “We were pleased with the performance in the...
