China’s foreign mining investment sets record
China’s overseas mining investment under its Belt and Road Initiative (BRI) hit another peak last year at $21.4 billion (C$30.6 billion), as the government continues to place heavy emphasis on…
Analysis
Codelco regains title as world’s top copper producer
Codelco has resumed its position as the world’s largest copper producer after reporting 2024 output slightly more than BHP (NYSE: BHP). Chile’s state-owned miner produced 1.44 million tonnes of copper…
The Metals Co. says it may defy UN
The Metals Company (NASDAQ: TMC) is threatening to bypass United Nations deep-sea mining regulations unless the UN’s International Seabed Authority (ISA) speeds up its rule-modernization process. TMC has invested more…
PDAC JV video: Longer METC tenure helps industry more, PearTree execs say
Canada’s failure to extend the mineral exploration tax credit (METC) beyond two years permanently keeps the junior mining sector in limbo, PearTree Securities says. A two-year extension, announced on March…
Deep-sea mining scars last decades, but life returns
A new study led by Britain’s National Oceanography Centre (NOC) has revealed that the effects of a deep-sea mining experiment in the Pacific Ocean more than four decades ago are…
Latam assets set to refill depleted mid-tier M&A pipeline, SCP says
Latin American projects are set to refill the mid-tier mergers and acquisitions pipeline, SCP Resource Capital says. Recent transactions have opened doors for new mid-tier companies, SCP analysts wrote in…
New Found Gold plummets on first resource
Shares in New Found Gold (TSXV: NFG, NYSE: NFGC) plunged nearly a third on Tuesday after the explorer posted a long-awaited initial resource for its Queensway project in Newfoundland that missed expectations. The project…
Gold Road rejects $3B takeover bid from Gold Fields
Australia’s Gold Road Resources (ASX: GOR) has rejected a A$3.3 billion (C$2.97 billion) takeover bid from South Africa’s Gold Fields (JSE, NYSE: GFI), calling the offer “highly opportunistic” and saying it undervalued…
Gold dominates mining M&A again in 2024: S&P Global
Gold was once again the dominant theme of mergers and acquisitions (M&A) deals within the precious and base metals mining space in 2024, accounting for 70% of the year’s transaction…
Video: States hike taxes, change contracts to seize more control, Verisk analyst says
Resource nationalism is on the rise globally. Governments have increased control over natural resources in 47 developing countries in the past five years, Verisk Maplecroft chief analyst Jimena Blanco noted…
Gold makes history with $3,000 milestone
Gold made history on Friday by reaching the $3,000 per oz. level for the first time, as investors continue to pile onto the safe-haven metal to seek cover from economic…
Tin prices hit two-year high as Congo mine halts
Tin prices surged to their highest level in more than two years after Alphamin Resources (TSXV: AFM) suspended its Bisie mine because rebels in the Democratic Republic of the Congo…