https://www.mining.com/ Anglo American (LON: AAL) has rejected a $39 billion takeover offer from BHP (ASX: BHP) conditional to the target company divesting its platinum and iron ore businesses in South Africa. BHP’s unsolicited offer “significantly undervalued” the 107-year-old mining company and would be “highly unattractive” to its shareholders, Anglo said on Friday in a response ... Read more ..read more

https://www.theglobeandmail.com/ Aircraft manufacturer Bombardier Inc. says it too has been granted an exemption from Canadian sanctions targeting Russian titanium that could interfere with its business in Canada. Based in Montreal, Bombardier is the second aerospace company to be identified as having obtained a waiver from Canadian sanctions targeting Russian titanium maker VSMPO-AVISMA Corp., one of ... Read more ..read more

https://www.miningnewsnorth.com/ Alaska Gov. Mike Dunleavy and Yukon Premier Ranj Pillai discuss the roles they can play to uplift northern neighbor jurisdictions. ANCHORAGE, Alaska: With an air of joviality and high rapport, Alaska Gov. Mike Dunleavy and Yukon Premier Ranj Pillai participated in a plenary discussion hosted during the 2024 Arctic Encounter Symposium to converse on ... Read more ..read more

https://www.bnnbloomberg.ca/ (Bloomberg) — Against the arid, red dirt of the Australian Outback, the Mount Holland lithium mine emerges to approaching visitors as a colossal grey-tinged crater, with trucks the size of houses edging along its steep inclines. An expanding site at the heart of the world’s top lithium-producing region, the A$2.6 billion ($1.7 billion) operation ... Read more ..read more

https://www.reuters.com/ London, April 25 (Reuters) – Nickel has rallied hard this month, clawing back some of the territory lost during its relentless price slide over the course of 2023. London Metal Exchange (LME) three-month nickel touched $19,775 per metric ton on Monday, the highest it has traded since September last year. Last at $19,045 per ... Read more ..read more

https://www.ft.com/ The natural jewels have lost their old mystique because carbon crystals can be grown in labs Diamonds of the kind that come from mines, not laboratories, got a fine endorsement last week from LVMH, the French luxury group that owns Bulgari and Tiffany & Co. “When it comes to jewellery, we use natural diamonds . . . The ... Read more ..read more

https://www.theglobeandmail.com/ Global mining companies’ lunge for copper, a critical transition metal to a low-carbon future, has intensified with BHP Group Ltd.’s unsolicited proposal to buy rival Anglo American PLC for about US$39-billion ($53-billion). Competing offers are expected. The offer marks a return to the megadeals that transformed the mining industry in the first and second ... Read more ..read more

https://www.northernminer.com/ Equinox Gold (TSX: EQX; NYSE-AM: EQX) is buying partner Orion Mine Finance’s 40% stake in their new Greenstone gold mine in Ontario for US$995 million in cash and shares as it prepares to pour first gold. The purchase includes US$745 million in cash and 42 million shares valued at US$250 million. It was announced ... Read more ..read more

Homepage Application to temporarily continue increased iron ore shipments from Milne Inlet submitted to Nunavut Impact Review Board Baffinland Iron Mines Corp. is applying to continue exporting six million tonnes of iron ore from Mary River Mine through Milne Inlet, its northern marine shipping corridor, until 2030 or its railroad to Steensby Inlet is built. ... Read more ..read more

https://www.bnnbloomberg.ca/ Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets. Vitol Group, Gunvor Group and Mercuria Energy Group are among the traders building out their metals teams, as they look to deploy capital generated by record profits. The shift comes as forecasters turn ... Read more ..read more