Britain is currently in discussions with leading global mining companies regarding the procurement of essential minerals. This initiative arises from concerns that escalating tensions between the West and China could
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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.
The world’s largest mining company, BHP, has issued a warning regarding the escalating costs of its Jansen potash project in Saskatchewan, Canada. The initial estimates for the first phase of
The European Commission is considering compulsory measures to reduce the continent’s dependency on China for critical raw materials including rare earth elements. The announcement follows mounting concerns over China’s use
Construction is now underway on Europe’s first major lithium mine after the German government committed €354 million to Vulcan Energy Resources’ transformative €2.2 billion project in the Upper Rhine Valley.
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
Britain is intensifying efforts to secure its supply of critical minerals, unveiling a comprehensive strategy aimed at reducing dependency on China, which maintains firm control over many essential materials. Prime
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
In 2020, as gold prices soared, the Bogoso-Prestea mine in Ghana seemed ideally positioned for prosperity. London-based Blue International Holdings moved swiftly to purchase the gold mine for $95 million,
Mining behemoth Glencore is weighing a momentous decision to relocate its primary share listing away from London, potentially delivering a significant blow to the UK’s premier stock exchange. The Swiss-based
The sudden departure of Petra Diamonds’ chief executive has sent shockwaves through the mining sector, with shares plummeting 17.2 per cent to 24p following the announcement. Richard Duffy, who had
Mining giant Anglo American has announced its intention to maintain a 19.9% shareholding in Anglo American Platinum (Amplats) following the planned demerger in June, strategically positioning itself to minimise potential
City speculation is intensifying regarding a potential renewed takeover attempt of Anglo American by mining giant BHP. The previous £39 billion bid, which faltered in 2024, could see fresh momentum
Gemfields, a prominent London-listed mining company, has suspended its ruby mining operations in Mozambique following a series of violent incidents linked to political upheaval in the region. The temporary halt
A prominent activist investor has escalated its campaign for Rio Tinto to relinquish its primary listing in London, asserting that the mining giant’s dual share structure has proven catastrophically detrimental
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