Is Glencore’s $22B asset shift a prep for Rio merger?
Glencore (LSE: GLEN) has transferred almost $22 billion in foreign assets into its Australian subsidiary in a sweeping global restructuring that could lay the groundwork for a future merger with…
Regulatory Issues
Anglo American’s platinum spinoff debuts as Valterra
Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), began trading as a standalone entity on the Johannesburg Stock Exchange on Wednesday, marking the official demerger from parent company Anglo…
Geopolitics to shape mining’s future: TNMG president
Industry stakeholders should view resource development in a global context because shifting geopolitical dynamics will increasingly determine mining, The Northern Miner Group President Anthony Vaccaro says. “We need to look…
Drilling returns ‘high-calibre’ uranium results at NexGen’s PCE target
Drilling by NexGen Energy (TSX, NYSE: NXE; ASX: NXG) has returned results as high as 0.5 metre grading 68.8% uranium oxide (U3O8) at its Patterson Corridor East (PCE) target in…
Aus stockpile to tackle ‘distorted’ rare earths market
Rare earth and lithium producers are cautiously backing the Australian government’s proposed critical minerals strategic reserve, amid fresh details and ongoing concerns over its design. The federal Labor government, re-elected…
Sibanye-Stillwater rescues all 260 trapped at Kloof
All 260 employees of Sibanye-Stillwater (JSE: SSWJ; NYSE: SBSW) that were trapped underground at the precious metals producer’s Kloof 7 mine were safely returned to the surface on Friday night….
Greatland Gold targets $33M in ASX dual listing
Greatland Gold (LSE: GGP) has launched its long-anticipated initial public offering, targeting up to A$50 million (US$33 million) as part of a dual listing on the Australian Securities Exchange and…
U.S. OK’s Anfield mine in first fast-tracked project
The United States Department of the Interior has approved Anfield Energy’s (TSXV: AEC; US-OTC: ANLDF) Velvet-Wood uranium and vanadium mine in Utah – the first project to be greenlit under a…
Nicola to start gold mill in BC
Nicola Mining (TSXV: NIM) has begun receiving gold and silver ore from Talisker Resources (TSX: TSK) as prepares its mill in British Columbia to hit full capacity after June. Nicola’s…
China rules critical mineral despite efforts: IEA
A new report by the International Energy Agency paints a sobering picture of the global push to secure critical minerals as nations are forced to navigate through high geopolitical tensions…
Shock exit: Rio Tinto CEO Stausholm to step down
Rio Tinto (ASX, LSE: RIO) announced on Thursday the unexpected exit of CEO Jakob Stausholm later this year, ending a nearly five-year tenure marked by efforts to restore trust with…
Generation rises on Marathon copper build permit
Generation Mining (TSX: GENM; US-OTC: GENMF) shares rose Thursday morning after the company’s receipt of the final construction permit for its Marathon copper-palladium project in northwestern Ontario. The industrial sewage…