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Top Australian Resource & Investment News

Rio Tinto in talks to buy Glencore to form world's biggest miner — REUTERS / ixx511

Business · United Kingdom

Rio Tinto in talks to buy Glencore to form world's biggest miner

42% Center coverage: 52 sources

Glencore said it was in early talks to be acquried by Rio Tinto, in a combination that would potentially create the world’s largest mining company.See the Story

BHP Expected to Wait Out Rio Glencore Deal Talks as Copper M&A Heats Up

Stock Markets · Australia

BHP Expected to Wait Out Rio Glencore Deal Talks as Copper M&A Heats Up

75% Center coverage: 4 sources

Australia's mining giant, BHP Group ( NYSE:BHP), will wait out talks over the proposed merger by the United Kingdom’s Rio Tinto Group (NYSE:RIO) and Switzerland-based commodity trading and mining company Glencore Plc. (OTCPK:GLCNF), people familiar with the matter told Reuters on Monday. With a market cap of $162 billion, BHP was viewed as the most likely spoiler of Rio's bid for Glencore that would create the world's largest mining company. How…See the Story

Exploration round-up: Magmatic kicks off diamond drilling at Myall

Gold · Docklands

Exploration round-up: Magmatic kicks off diamond drilling at Myall

Image: A2Z AI / stock.adobe.comA range of activity is underway across Australia’s resources sector this week, with new drilling campaigns, project development progress and strategic mine sequencing marking key milestones for copper, gold and base metals explorers. Magmatic kicks off diamond drilling at Myall FJVA Magmatic Resources Ltd has started a 5000m diamond drilling program at the Myall Farm-in joint venture agreement (FJVA) project in WA,…See the Story

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