ACHEMA MIDDLE EAST

COPPER

BHP signs scheme deed to buy OZ Minerals for $6.4bn

Mining giant BHP Group has signed a scheme implementation deed (SID) to acquire all of the shares in Australia-based copper miner OZ Minerals Limited (OZL), by way of a scheme of arrangement, for A$9.6bn ($6.4bn) at A$28.25 apiece. This indicates...

Harmony Gold acquires Copper Mountain’s Eva Copper project

Further to the company’s announcement on the Stock Exchange News Services (SENS) on 6 October 2022, Harmony has announced that its acquisition of the Eva Copper project is complete and payment will be concluded imminently. The Foreign Investment Review Board...

Critical Metals to acquire Madini Occidental and increase its stake in the Molulu project

Critical Metals plc, a mining company established to acquire mining opportunities in the critical and strategic metals sector and currently developing an ex-producing copper cobalt mine in the Democratic Republic of Congo (DRC), is pleased to announce the company’s...

Copper Equities Present Major Opportunity for Investors

The negative market sentiment of the past eight months has shrunk the already small pool of quality stocks in the copper sector. This makes it a good time to invest in copper equities as the sector is expected to...

Udokan to feed Chinese hunger for copper

While Russian metals may soon be banned from trading at the London Metal Exchange and from being stored at its warehouses, one of the country’s smartest tycoons - the Uzbek-born billionaire Alisher Usmanov –is looking to the East. His new...

Copper Could Lead the Commodities Recovery in Coming Quarters on Demand From China

Copper has been one of the most volatile commodities in recent months. Prices have swung back and forth as investors try to figure out where the market is headed. But despite all of the volatility, one thing seems to...

BHP starts autonomous drilling at Chilean copper mine

Mining company BHP has commenced autonomous drilling at its Spence copper operation in northern Chile. The firm has deployed the Pit Viper 351 model, which is operated remotely from the Spence Control Room located approximately 2km from the mine...

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