The Mining Insider · 2026-06-30 · 10 min
June 30, 2026 - The Mining Insider with Logan Ore Today's stories: 1. Hormuz Doha Talks - Fragile Stand-Down: Trump declared Iran requested a meeting in Doha. Kushner and Witkoff flew to Qatar. Iran says its delegation is there to review MOU implementation, not to meet Americans directly. Qatar, Oman and Pakistan mediating. Goldman Sachs: Gulf flows could return to 23M bpd pre-war levels by early July. Brent ~$72.40. 60-day MOU clock running. 2. BHP Day One Tomorrow - Craig's Buy-vs-Build Conundrum: WSJ analysis June 30: Craig inherits Mike Henry's unresolved copper growth challenge. BHP targets 2.5Mt copper equivalent by mid-2030s. Organic path: Resolution, Escondida New Concentrator, Vicuna JV. Acquisition path: Anglo American rejected in 2024; other targets remain. Reuters: strikes (Port Hedland, July 7 session), soaring costs (Jansen $2.3B impairment), M&A - all await Craig on day one. 3. Murray & Roberts Sold for R1.27B: Differential Capital acquires global mining services unit; 2,600 jobs preserved; Cementation Africa and Americas included. R1B on closing + R270M deferred. Closes today, June 30. Part of Nov 2024 business rescue. 4.
South32 Turns Copper, BHP's Diesel Dilemma on Day One, Ghana GoldBod Goes Live, and Iran Walks Away From Doha65 / 100Hormuz Ceasefire 2.0, Trump's New Metal Tariff Move, Canada Opens Greenland, and the Copper Tariff Verdict That Arrives TomorrowElectric Haulage Hits the Pilbara, Iran Eyes Hormuz Control, Barrick Breaks Ground at Fourmile, and the New US Metal Tariff RulebookHormuz Flares Again as Copper Tariff Deadline Looms, BHP Changes Guard, Hudbay Builds a Copper Empire in ArizonaBHP's New CEO Inherits a Full Inbox, Gold Breaks $4,000, SSR Mining Closes $1.49B Çöpler Sale, Paladin Hits New Uranium Discovery