News
Rio Walks Away From Glencore Mega Merger on Price Impasse (2)
35+ min ago (129+ words) Rio Tinto Group is walking away from talks to acquire Glencore Plc after the two sides failed to agree on valuation, scuttling a potential mega merger that would have created the world's largest mining company. Rio Tinto Group is walking…...
Rio Tinto Abandons Glencore Talks to Form World’s Biggest Miner
1+ hour, 36+ min ago (133+ words) Rio Tinto Group said it's walking away from talks to acquire Glencore Plc, scuttling a potential mega-merger that could have created the world's largest mining company after the two sides failed to agree on valuation. Rio Tinto Group said it's…...
Barrick to Spin Off North American Gold Assets Through IPO (1)
5+ hour, 34+ min ago (132+ words) Barrick Mining Corp. named interim chief executive officer Mark Hill to lead the company as it announced plans to spin off its top North American gold assets in an initial public offering. Barrick Mining Corp. named interim chief executive officer…...
Trump Launches $12 Billion Minerals Stockpile to Counter China
3+ day, 5+ hour ago (131+ words) President Donald Trump is set to launch a strategic critical-minerals stockpile with $12 billion in seed money, a bid to insulate manufacturers from supply shocks as the US works to slash its reliance on Chinese rare earths and other metals. President…...
Rio and Glencore Set to Extend Deadline for Talks on Mega Deal
5+ day, 23+ hour ago (95+ words) Rio Tinto Group and Glencore Plc are poised to seek more time to work on a deal to create the world's biggest miner as they wrangle over the premium that Rio would need to pay, people familiar with the matter…...
Trump’s Mine Safety Chief Commits to Regulatory Overhaul Plan
2+ week, 2+ hour ago (111+ words) Trump's Mine Safety Chief Commits to Regulatory Overhaul Plan'Bloomberg Law News The Mine Safety and Health Administration will rollback or overhaul 19 of its mining regulations, the agency's leader told lawmakers. "Those are still in the pipeline, we will continue on…...
Mining Companies Fail to Undo Worker Layoff Notice Win on Appeal
1+ mon, 2+ day ago (119+ words) Mining Companies Fail to Undo Worker Layoff Notice Win on Appeal'Bloomberg Law News Workers provided enough evidence to support their jury victory in a lawsuit alleging five mining companies acted as a single employer and failed to warn them of…...
Environmental Risks of Trump’s Mining Push Weigh on Benefits
1+ mon, 5+ day ago (85+ words) Environmental Risks of Trump's Mining Push Weigh on Benefits'Bloomberg Law News The White House's all-out push to build more hardrock mines is poised to wreak devastating impacts on the nation's water, land, air, and wildlife in ways not generally acknowledged…...
DOL Ignoring Biden’s Black Lung Benefits Rule, Democrats Say
2+ mon, 3+ day ago (91+ words) The Department of Labor likely isn't enforcing a Biden-era requirement that self-insured coal mine operators post enough security to cover their liabilities for contributing to the medical benefits of miners affected by black lung, congressional Democrats say. The Department of…...
Pentagon Joins MP Materials to Build Saudi Rare-Earths Plant (2)
2+ mon, 2+ week ago (89+ words) The US Department of Defense is partnering with MP Materials Corp. to help fund and develop a rare-earths refinery in Saudi Arabia, in a further sign of the Trump administration's desire to secure access to key minerals. The US Department…...