South32 scoops up Peabody's Metropolitan coal mine in $200m deal

South32 (ASX, LON, JSE:S32) has finally scored a deal by grabbing Peabody Energy’s Metropolitan coal mine in Australia for $200 million. The BHP Billiton’s spin-off, which had been looking for assets to add to its portfolio for quite a while, mainly lithium and copper ones, said the deal includes a 17% interest in the Port Kembla[…]

Peru, Brazil to emerge Latin America’s new mining gems

Latin America’s mining sector is finally recovering from an economic downturn brought by almost two years of sustained slump in commodity prices. But growth in the region won’t be led by the usual favourites, such as Chile, but by two of the countries that have steadily fallen out of favour with investors as of late[…]