This Month
‘Brace for swings on every tweet’: Investors bamboozled by peace talks
Stocks were supposed to soar on Tuesday. Instead, the ASX finished up just 0.2 per cent as jittery traders await Donald Trump’s next move.
Dual-listed giant Capstone Copper flirts with $600m-plus carve-out
Capstone has held talks with a small group of investment banks as its weighs whether to sell its Cozamin mine in Mexico.
New BHP boss has work cut out for him to deliver copper future
Mike Henry’s appetite for change defied initial perceptions. Now Brandon Craig must prepare for gathering storms.
BHP shift highlights Australia’s stumble in the race for investment
The appointment of new CEO Brandon Craig demonstrates the company’s strong focus on the Americas in a changing centre of gravity for the company’s interests.
BHP’s new CEO will shift the Big Australian’s centre of gravity
Brandon Craig is a miner’s miner and an ideal candidate to bridge the gap to the company’s copper-tinged future. But he faces a steep learning curve.
February
Tribeca-backed copper hopeful Terra Metals chases $50m in fresh equity
The cash call comes after the developer’s shares have gone from 3¢ to 40¢ in the past 12 months, a gain of 1250 per cent.
Glencore’s gone. And Rio doesn’t have a growth rabbit under its hat
The collapse of talks between the mining giants means Simon Trott is back to the grind of delivering on his promises for slow and steady growth.
Marimaca Copper fires up $423m equity raising, Greenstone to sell down
Fund managers were wall-crossed for the deal overnight that would include a $US100 million primary raising, overnight.
Copper displaces iron ore as BHP’s best earner, supercharging profits
The Big Australian, like its rivals, pivoted towards commodities critical to the energy transition, with production of the red metal to grow 25 per cent by 2035.
This number says BHP is no longer what you thought it was
For years, BHP’s story has been defined by its massive iron ore business. But the rise and rise of copper has changed all that.
First Quantum-backed copper hopeful Prospect Resources seeks $40m
Fund managers were offered shares in the African battery metals explorer at 38¢, an 8.4 per cent discount to the last close.
Epstein’s long ties extended to Mongolia, and its Rio Tinto stoush
The disgraced financier was on an advisory committee with former Australian PM Kevin Rudd, who warned of mining’s “ruthless approach”, emails show.
Cobre preps $50m raising for M&A; Tribeca, BlackRock back the deal
Shortage of pure-play copper exposure on the local bourse has put a rocket under the share prices of listed players.
This is the hill upon which Rio and Glencore’s merger talks died
Simon Trott would not budge from a critical method of valuing the acquisition target, which is what ultimately killed the creation of the world’s biggest miner.
Finally, the Rio Tinto-Glencore deal is recognised as the joke it is
What would Rio Tinto shareholders have got out of this? The copper assets could never compensate for the cultural cancer it would have brought.
Price is not right: Rio Tinto, Glencore abandon merger talks
The British-Australian miner, looking to tap into surging demand for copper, said it could not agree on terms “that would deliver value to its shareholders”.
Glencore soothes Rio Tinto governance worries with US government deal
The US government has given Glencore’s controversial African copper mines the green light, easing Rio’s concerns about historic governance at the assets
Rio, Glencore eye extension as $300b deal deadline looms
Sources describe the momentum of talks over a massive merger as “hot and cold”.
This fundie struck gold last year. Now he’s after the next 10-bagger
Lowell Resources Funds’ John Forwood won big on commodities in 2025. Now he’s got an eye on rare earths hopefuls as he tries to replicate those outsize gains.
The question hanging over Rio and Glencore’s copper merger
Glencore’s pledge to almost double copper production in the decade ahead has drawn Rio Tinto to the table. But can Rio trust those promises?
