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News
Hidden crypto farm in Mexican mountains puts spotlight on cartel funding
1+ day, 7+ hour ago (710+ words) one of Mexico’s most powerful cartels. Mexico’s federal attorney’s office declined to comment, citing...
Greater regulatory scrutiny no bar to mining mergers, bosses say
3+ week, 4+ day ago (560+ words) LONDON, Aug 19 (Reuters) – Mining bosses say that regulatory scrutiny of major mergers is increasing as governments pay closer attention to critical minerals and security of supply in the face of a volatile geopolitical backdrop, but they do not see the…...
Congo extends state control over mining with bid to lock down geological data
5+ day, 13+ hour ago (1206+ words) By Maxwell Akalaare Adombila DAKAR, Sept 8 (Reuters) – Democratic Republic of Congo plans to tighten control over geological data that guides billions of dollars in mining exploration, potentially extending state influence over the development of future mineral discoveries. The country is…...
Exclusive-Trump administration to back US minerals projects with $500 million in grants
3+ week, 3+ day ago (430+ words) By Ernest Scheyder and Jarrett Renshaw Aug 20 (Reuters) – The U.S. Department of Energy is awarding $500 million in grants to seven companies building domestic lithium, cobalt and other mineral and battery projects, the latest in a string of investments aimed at…...
Australian Indigenous group appeals compensation ruling over Fortescue’s mining impact
2+ week, 4+ day ago (459+ words) said on Wednesday it had lodged an appeal with the federal court over the amount of compensation awarded...caused by the mine. In its full judgment, the Federal Court found that significant damage had been done...
Exclusive-Lynas Rare Earths says it was in takeover talks earlier this year
1+ week, 4+ day ago (123+ words) MELBOURNE, Sept 2 (Reuters) – Australian miner Lynas Rare Earths was in takeover talks earlier this year but the discussions did not proceed, a spokesperson said on Wednesday. “The discussions earlier this year had a high level of uncertainty and did not…...
Mariana, 18 more Brazil cities join Vale-BHP dam collapse compensation deal
3+ week, 2+ day ago (360+ words) RIO DE JANEIRO, Aug 20 (Reuters) – The compensation agreement with miners BHP, Vale and Samarco for the Mariana dam collapse in 2015 has been joined by 19 new cities, including the one that was the epicenter of the disaster, a Brazilian court said…...
BHP’s chief commercial officer to step down in January, internal memo shows
1+ week, 4+ day ago (263+ words) MELBOURNE, Sept 2 (Reuters) – BHP’s Chief Commercial Officer Rag Udd will step down at the end of January to pursue an opportunity outside the company, according to a staff memo seen by Reuters on Tuesday, leaving open one of the miner’s…...
Australia’s BHP, unions fail to reach wage deal
3+ week, 5+ day ago (169+ words) Aug 18 (Reuters) – BHP Ports Unions said on Tuesday that it had failed to reach an agreement with BHP on a wage deal for workers at Port Hedland in Western Australia. The parties said they will meet again on August 25, a…...
Glencore’s planned Australian debut draws interest as investors look past coal
3+ week, 5+ day ago (629+ words) MELBOURNE, Aug 18 (Reuters) – Glencore could leap into top market indices within six months of listing in Australia as fund managers’ copper appetite may outweigh concerns over thermal coal exposure, analysts and investors said following briefings on the listing. Glencore, the…...