Markets

Metals rally extends with multiple record peaks

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GOLD, silver, copper and tin achieved unprecedented highs this week as investors anticipated further US interest rate reductions and improved sentiment across Chinese markets,...

Rio Tinto assembles advisory team for Glencore approach

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RIO Tinto has assembled a roster of prominent investment bankers to guide its pursuit of Glencore, including veteran dealmaker Simon Robey, said Bloomberg News...

BHP will not counter Rio’s Glencore bid

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BHP has opted against pursuing a rival offer for Glencore as Rio Tinto advances discussions to acquire the Swiss mining giant, said Reuters citing...

The late Brian Gilbertson is a true mining legend

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THE term “mining industry legend” gets bandied about a lot whenever some well-known industry executive dies but it’s one that Brian Gilbertson – who...

Precious metals surge on Fed independence concerns

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GOLD and silver achieved record highs as the US Justice Department's threat to criminally indict the Federal Reserve sparked fresh alarm over central bank...

BHP faces rivals’ consolidation after Anglo setback

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BHP Group's unsuccessful 2024 pursuit of Anglo American has inadvertently catalysed a merger wave amongst rivals, leaving the world's largest miner potentially vulnerable as...

Glencore bid may trigger mining consolidation wave

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PRELIMINARY discussions between Rio Tinto and Glencore over a potential merger could catalyse further consolidation within the mining sector whilst intensifying pressure on BHP...

Rio slides 6% as analysts question wisdom of Glencore deal

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SHARES in Rio Tinto fell more than 6% following an announcement by the Australian miner on January 8 it was discussing a combination of...

Glencore confirms all-share merger talks with Rio Tinto

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GLENCORE announced on Thursday evening it was in talks with Rio Tinto about a possible merger between the two companies. "Glencore notes recent media speculation...

Zijin Mining intensifies acquisitions amid record profits

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CHINA'S largest mining company Zijin Mining Group will accelerate global acquisitions targeting gold and copper assets as record profits and surging metal prices propel...