SSR to be 3rd-biggest US gold miner with Cripple Creek & Victor deal
The miner announced the acquisition of CC&V in Colorado from Newmont on Friday.
Financial Matters, M&A
Trump tariff plan would knock US-Canada-Mexico metals and mining
United States president-elect Donald Trump’s pledge to slap double-digit tariffs on America’s top trading partners will snarl metals supply chains and lower demand, analysts and industry leaders said. Trump said…
Panama’s president blames previous gov’t for First Quantum mine crisis
Panama’s President José Raúl Mulino has strongly condemned the previous government for its mismanagement of the crisis surrounding First Quantum Minerals’ (TSX: FM) US$6.5-billion Cobre Panama copper mine. The operation,…
Northvolt CEO steps down after bankruptcy filing
The chief executive of Northvolt, Peter Carlsson, has quit just 24 hours after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the United States, in a major…
Marimaca eyes ASX dual listing to boost Chile project
Marimaca Copper (TSX: MARI) has begun the process to dual list on the Australian Securities Exchange, a strategic move to boost growth and access to capital as it advances its…
China germanium, gallium ban could cost US$3.4B
According to the USGS, gallium prices could increase by more than 150% and germanium prices by 26% in the event of a total ban.
Sayona, Piedmont to create lithium giant in US$623M merger
Australia’s Sayona Mining (ASX: SYA) is buying U.S.-based Piedmont Lithium (ASX: PLL; NASDAQ: PLL) in an all-stock deal that will consolidate their Canadian operations and boost the merged firm’s exposure to the…
Avalon gets $3.5M funding from Sibelco to advance non-JV projects
Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) has received $3.5 million in a debt financing with Belgium’s SCR-Sibelco NV, which holds a 19.99% stake in the company. The funds will…
Orla Mining expands to Canada with US$850M Newmont mine buy
Orla Mining (TSX: OLA) is buying Newmont’s (NYSE: NEM) Musselwhite gold mine in Ontario for US$850 million, enabling it to more than double production of the precious metal as prices…
Forrest’s Wyloo Metals casts doubt over future of Aussie rare earths hopeful
A dispute is brewing between junior rare earth developer Hastings Technology Metals (ASX: HAS) and its funding partner, Andrew Forrest’s private investment vehicle Wyloo Metals. Hastings said it received a…
Mineral Resources halts Bald Hill mine in Australia amid lithium price rout
Mineral Resources (ASX: MIN), which is rallying from a governance probe involving its founder and former CEO Chris Ellison, will shut its Bald Hill lithium mine in Western Australia immediately due…
Fresnillo-Peñoles silver deal hit by issues at Sabinas mine
Precious metals miner Fresnillo (LSE: FRES) warned on Tuesday that it’s facing challenges meeting its long-standing silver production agreement with Mexico’s Industrias Peñoles due to operational issues at the Sabinas…