Genesis Minerals has lobbed a bid worth about A$5.6-billion ($3.9-billion) for Vault Minerals, topping an existing offer from Regis Resources, as surging gold prices fuel a consolidation wave in Australia's mining sector. The combination would...
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Citi has become the fifth bank to clear transactions in London's over-the-counter gold market, the world's largest bullion trading centre, in a major expansion of its precious metals business, the...
JPMorgan said demand for gold from key sectors would not be as strong as it had expected, limiting the rise in gold prices this year to $4 300/oz in the third quarter and $4 500/oz in the fourth...
TSX-listed Magna Mining has announced a private placement with Latin American miner Alpayana to purchase 62-million common shares at a price of C$2.25 apiece, raising C$140-million. Alpayana will...
TSX-V-listed VanadiumCorp Resource has tasked Explo-Logik of Val-d'Or, Québec, to carry out exploration work at the company's Lac Laura gold/copper property. The engagement marks an important step...
ASX-listed Barkly Rare Earths has started with civil works that will provide access to work areas for a planned 10 000 m drill programme at the Barkly rare earths project, in Australia's Northern...
Analytics platform Stormlands Mining finds in its latest case study that the net present value (NPV) of the Illinois Creek gold project, in Alaska, can increase from $226-million to $448-million...
London-listed exploration company Panther Metals has agreed an extension amendment with Broken Rock Resources over the Obonga copper/zinc/lead/nickel/platinum group metals project, in Ontario. The...
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ASX-listed Sentinel Metals has received firm commitments to raise $15-million through a placement of 25.8-million new fully-paid ordinary shares to sophisticated and institutional investors at an...
ASX-listed Accent Resources has entered into binding agreements to sell its Norseman gold project to Boomerang Mining for A$4-million in cash but retains 100% of the iron-ore and platinum group...
Mining and exploration company Critical Metals has reached an agreement with its largest shareholder European investment company NIU Invest to subscribe for £2.5-million of convertible loan notes...
Poland's state-controlled copper and silver miner KGHM is exploring potential acquisition opportunities outside Europe under its new strategy, including projects in Morocco, Argentina, Canada and...
New Zealand will provide up to NZ$50-million ($31-million) to two West Coast projects that expand processing capacity for critical minerals used in advanced manufacturing and clean-energy...
Major cobalt producers in the Democratic Republic of Congo (DRC) risk losing some of their first-half export quotas due to an administrative glitch affecting a customs platform, according to...
As global mining giants Teck Resources and Anglo American finalise a "merger of equals" plan of arrangement, Teck has mailed a letter of transmittal and election form to each registered holder of...
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The boost to Australia’s trade from the mining boom looks to be fading as imports soar and export growth flatlines, potentially putting it on track for the first annual deficit since 2016. The...
Iron-ore major Fortescue on Monday confirmed it had been served with a class action on behalf of current and former female employees alleging sexual harassment and sex discrimination.
Novandino Litio, the joint venture between Chilean lithium producer SQM and State-owned copper miner Codelco, filed for environmental approval on Friday for a $3-billion project aimed at extending...
New Zealand will provide up to NZ$50-million ($31-million) to two West Coast projects that expand processing capacity for critical minerals used in advanced manufacturing and clean-energy...
Genesis Minerals has lobbed a bid worth about A$5.6-billion ($3.9-billion) for Vault Minerals, topping an existing offer from Regis Resources, as surging gold prices fuel a consolidation wave in...
Minerals Council South Africa has reported that mining input cost pressures accelerated sharply in May, reflecting the transmission of higher global energy prices into the South African economy...
Cross-border transport infrastructure project the Lobito Corridor railway project, in Angola, has achieved a successful financial close of $753-million, says infrastructure financing fund the...
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
The World Steel Association has warned that about half of the world's planned green-steel projects have been delayed, while governments have committed just $20-billion of the $1.5-trillion needed...
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That Africa cannot afford fragmented voices any longer was a point mining and energy luminary Mike Teke made when he addressed the Zimbabwe Chamber of Mines last month. We agree. Africa needs far...
South Africa is approaching the fifth anniversary of the deadly July 2021 riots and looting in an atmosphere that is again heavily laden with the threat of violence. It’s a fog made denser by the...
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This week we profile Shaun Golding, CEO of G-Chem Aquacare, a provider of specialised water treatment services, technical expertise, chemical programmes and equipment solutions to industrial...
The hydration breaks during this year’s FIFA World Cup have proved controversial among players, coaches and fans. Likewise, a move by a group of scientists to discount both the ‘worst case’ and...
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