BlackRock says $12 000 copper is needed to incentivise new mines

Copper needs to reach $12 000 a ton — a 20% jump from this week’s high — to incentivize large-scale investments in new mines, said Olivia Markham, who co-manages the BlackRock World Mining Fund.... 

Lower iron, nickel and copper prices weigh on Vale's quarterly earnings

Brazilian miner Vale on Wednesday said lower prices for iron-ore, nickel and copper in the first quarter dragged down earnings compared to the year before, as it posted net profit slightly below... 

BHP approaches Anglo American with buyout proposal

Mining heavyweight Anglo American on Thursday confirmed that it had received an unsolicited, nonbinding takeover proposal from commodities rival BHP Group. The proposition entails an all-share...