Mining

Mining stocks on cusp of supercycle as AI boom stokes metals

With a nearly 90% gain since the start of 2025, MSCI’s Metals and Mining Index has beaten semiconductors, banks and the Magnificent Seven cohort by a wide margin

Merdeka Gold operates a gold mine in Indonesia’s Sulawesi, with ore reserves of 190 million tonnes containing about 4.8 million ounces of gold.

Indonesia’s Merdeka Gold is said to hire banks for Hong Kong listing

Deliberations are ongoing, and the size and timing of the deal are still under discussion

Grasberg is the world’s second-largest copper mine and accounted for 3% of the world’s mined copper before the September mudslide.

Freeport says it’s on track to restart Indonesia copper mine after deadly mudslide

The company has already restarted two unaffected areas of the mine since the incident in September

While the world’s mining giants are increasingly pivoting to copper and other metals needed for the energy transition, they are still looking for ways to sustain iron ore revenues.

BHP, Rio Tinto are joining forces to boost iron ore pipeline

Miners are trying to balance growth against capital discipline, and are increasingly looking at ways to squeeze efficiencies out of existing infrastructure

BHP surprised investors with a half-hearted last-minute bid to crash the Anglo-Teck deal late last year.

BHP is stuck on the sidelines of copper M&A frenzy it started

The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal

Shenghe has been expanding in Australia’s rare earths sector, buying nearly 20% of Peak Rare Earths in 2022.

Australian rare earths miner VHM scraps offtake deal with China’s Shenghe Resources

The Melbourne-headquartered firm has secured up to US$200 million in funding from the US Exim

Rio has a relative dearth of copper development prospects as its vast Oyu Tolgoi mine in Mongolia reaches capacity.

Rio-Glencore deal closer than ever with premium and CEO in focus

The idea of a combination of the two companies has been discussed several times over more than a decade

Rio Tinto Group and Glencore have been discussing a potential combination of some or all of their businesses including an all-share takeover,

Glencore and Rio Tinto in talks to form world’s biggest miner

Both companies own some of the best copper mines in the world

The country has lost millions of hectares of forest in recent years, much of it because of palm oil and mining expansion.

Indonesia tightens grip on resources with Switzerland-sized land grab

Tighter control of domestic resources has been a vital concern for the Prabowo administration

Vale Indonesia is one of the country’s biggest nickel miners and is making large investments in high pressure acid leach plants.

Vale Indonesia halts nickel mining on delayed work plan approval

HPAL capacity is set to expand significantly in the country this year, from six facilities to at least 14