Glencore-Led Group to Buy Teck’s Coal Business
Updated Nov. 14, 2023 5:10 am ETCanadian miner Teck Resources said it is selling its coal assets to a group...
Metal Ore Mining
Exxon Makes Lithium Play in Long-Term Bet on EV Demand
Updated Nov. 13, 2023 10:02 am ETExxon Mobil said Monday it is starting to drill for lithium in Arkansas and...
Mining Deploys Innovative Tech to Find Copper, Other EV Metals
Miners are turning to machine learning, cutting-edge chemistry and other innovative means to increase the supply of critical materials such...
WSJ News Exclusive | Glencore Approaches Teck Over Its Coal Business
The commodities giant is willing to buy Teck’s unit as an alternative to a full merger. Source link
A Onetime Paper Maker Is Now the King of Lithium
Charlotte, N.C.-based Albemarle, which began as a paper mill in 1887, has become a key cog in a tight global...
Rise of EVs Drives Mining Deals to Decade High
Mining companies are back at the deals table as they battle for control of commodities essential for making electric cars...
Glencore Returns to Acquisitions With Offer for Teck Resources
BusinessCanadian miner rejects unsolicited offer from Swiss-based commodity company Source link
Europe Moves to Revive Mining to Cut Reliance on China
Competition for supplies of minerals and metals—and anticipated battery demand—is pushing the European Union to jump-start an industrial sector that...
Newmont Proposes $17 Billion Takeover of Australia’s Newcrest Mining
BusinessU.S. gold producer makes second offer after Newcrest rejected an earlier proposal as too low Source link
Home Prices Slid in September for Third Straight Month
EconomyU.S. EconomyCase-Shiller index fell 1% in September from August amid higher interest rates Source link
Uber Revenue Doubles, Sending Shares Surging
Uber UBER 18.90% Technologies Inc. doubled quarterly revenue, improved its financial performance and said high inflation was causing more people...
South Africa’s Gold Fields Buys Canada’s Yamana in $6.7 Billion Deal
The Granny Smith gold mine in Australia, operated by Gold Fields, which has been working to diversify its operations outside...
Glencore Settles Corruption and Bribery Charges in U.S., U.K., Brazil
Glencore GLNCY 2.01% PLC said Tuesday it would pay at least $1.2 billion and two business units would plead guilty...
Why It’s So Hard to Keep Russian Diamonds and Gold Out of the U.S. Despite Sanctions
Russian gold and diamonds could still be sold in the U.S. despite being sanctioned, lawmakers and industry participants say, unless...
A New Meme-Stock Frenzy Led AMC to Gold Mine Stake
Day traders looking to capitalize on commodity price volatility catalyzed a chain reaction that ended with movie theater giant AMC...
Rio Tinto Offers $2.7 Billion for Remaining Stake in Turquoise Hill
Rio Tinto PLC offered to pay roughly $2.7 billion to buy out minority shareholders in Canada’s Turquoise Hill Resources Ltd.,...
Russian Aluminum Giant’s Owner Considers Splitting Foreign Operations
The controlling shareholder of Rusal, 486 34.08% Russia’s largest aluminum producer, said it was exploring a separation of the company’s...
Rio Tinto Needs to Spend Money to Make Money
A world-wide shortage of many major commodities is a headache for most companies these days. But for Australian metals heavyweight...
Rio Tinto Says Racism and Sexual Harassment Are Widespread at Miner
SYDNEY—When one Rio Tinto PLC worker reported she had been sexually harassed by a colleague, a manager told her it...
Deadly Mining Disaster Still Tests Vale Three Years Later
Costs related to the incident have continued to rack up, Brazilian authorities have been slow to permit further mining amid...
