Trafigura has divested nearly half of its stake in Atalaya Mining, a London-listed Spanish copper producer. This decision follows a significant increase in copper prices, which reached record highs recently.
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Glencore has announced significant increases in its copper reserves, enhancing its leverage in ongoing negotiations to merge with Rio Tinto. The FTSE 100 commodities trader has revealed a more optimistic
Mining sector consolidation took a significant turn as BHP, the Australian-listed mining giant, confirmed it will not pursue its attempted acquisition of Anglo American, following a firm rejection from the
BHP, the world’s largest mining group, has posted its lowest profit in five years. The company saw underlying profit decline to $10.16 billion for the year ending June, marking a
London-listed miner Antofagasta has reported a remarkable 63 per cent increase in first-half profits, driven by a combination of higher copper production, robust commodity prices, and lower operational costs. The
Kavango Resources, a mining exploration company, has taken significant strides in its journey towards becoming a prominent player in the industry. Through strategic acquisitions, diversification, and a robust financial backing, the company is well-positioned to capitalize on the favorable market conditions for both gold and copper.
