Elemental shareholders reject Gold Royalties’ hostile takeover bid
Gold Royalties (NYSE-AM: GROY) failed to acquire Elemental Royalties (TSXV: ELE) as its all-share hostile takeover bid expired on May 12, bringing an end to a saga that began in…
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Filo Mining reports ‘highest-grade copper’ to date from Filo del Sol
Shares of Filo Mining (TSX: FIL) rose to their highest in May as the company reported high-grade assay results from the Breccia 41 zone of its 100%-controlled Filo del Sol…
Hudbay suffers major Rosemont setback
Canada’s Hudbay Minerals (TSX: HBM; NYSE: HBM) has suffered a fresh setback in its bid to build the Rosemont open pit copper project in Arizona following a decision by the…
Mining in Africa Snapshot: Eight companies to watch
Africa is home to bountiful reserves of metals such as gold, copper, and lithium. The continent also offers mineral exploration and development companies with large areas of underexplored terrain as…
Arc Minerals inks multi-million JV deal with Anglo American
Anglo American (LSE: AAL) has inked a joint venture deal with base-metals focused junior Arc Minerals (LSE: ARCMA) to explore for copper and cobalt in Zambia, marking the first new…
Manganese X PEA outlines Battery Hill mine with US$486M NPV, 25% IRR
Manganese X Energy (TSXV: MN; OTC: MNXXF) has delivered a positive preliminary economic assessment (PEA) for its wholly-owned Battery Hill project located near Woodstock, N.B., demonstrating the potential for a…
Kinross reports ‘messy’ Q1 results as sale of Russian assets awaits approval
Kinross Gold (TSX: K; NYSE: KGC) says that the company is in “uncharted territory” regarding the closure of the sale of its Russian assets. In April, the company announced that…
Cameco, Orano up stake in Cigar Lake uranium mine
Uranium producers Cameco (TSX: CCO; NYSE: CCJ) and Orano are increasing their stakes in the Cigar Lake uranium mine in northern Saskatchewan by buying Idemitsu Canada Resources’ 7.9% interest in…
Mining Indaba: Africa’s accelerated energy transition should leave no one behind
As the world pivots towards a green energy transition in the fight against climate change, Africa faces a generational opportunity to create new supply chains drawing upon its ‘Aladdin’s cave’-like…
Mining Indaba: African leaders talk up policy reform and regional cooperation
The Investing in Africa Mining Indaba heard that African leaders are waking up to the fact that the continent stands at the precipice of a generational opportunity to reinvent itself…
Mining Indaba: Robert Friedland sees Africa, Arabian Shield, as future of responsible mining
Global mining personality and financier Robert Friedland has singled out Africa and the Arabian Shield as the venues where the world’s future-facing minerals and metals will be responsibly produced. “This…
Elon Musk says buying a mining company ‘not out of the question’
Tesla (NASDAQ: TSLA) CEO Elon Musk has said that it was not “out of the question” for the company to enter the mining business, as the world’s largest electric vehicle…