BHP extends Noront bid deadline amid talks with Wyloo
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has extended the deadline for Noront Resources’ (TSXV: NOT) investors to accept or refuse its bid from November 16 to the end of…
Battery metals
For the world to hit net zero, global mining industry needs to ramp up capex
The global mining industry may need to nearly double its annual capital expenditure (capex) if the world is to cut its climate-changing carbon pollution to net zero by 2050, according…
Neal “the deal” Froneman is having a helluva year
Neal Froneman seems laid-back but he’s a man in a hurry. The CEO of Sibanye-Stillwater, the largest primary producer of platinum, second-largest primary producer of palladium and a top-tier gold…
Orford Mining partners with Wyloo Metals to explore West Raglan in Quebec
Well before Wyloo Metals began its fight with BHP (NYSE: BHP; LSE: BHP; ASX: BHP) for Noront Resources (TSXV: NOT), the Australian company signed a definitive agreement with Toronto-based junior…
Ganfeng Lithium lands fresh three-year supply deal with Tesla
Ganfeng Lithium, China’s No.1 producer of the battery metal, has signed a new contract with Tesla to supply the electric vehicles maker with battery-grade lithium hydroxide products for three years…
Sibanye-Stillwater takes stake in Australia’s New Century Resources
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is extending its footprint to Australia with a US$46 million acquisition of a 19.99% stake in New Century Resources (ASX: NCZ), which owns the Century tailings…
Sibanye-Stillwater buys nickel-copper mines in Brazil for US$1 billion
South Africa’s Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is buying two nickel and copper miners in Brazil from private equity firm Appian Capital in a US$1 billion deal that boosts the company’s growing battery materials…
Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has joined the rising chorus of companies and analysts warning of an imminent and “significant” supply gap for lithium, as demand for…
Battle for Noront Resources heats up with sweetened offer from BHP
The world’s largest miner is now offering C$0.75 per share of Noront, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.
Noront Resources picks Wyloo bid over BHP
A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest’s Wyloo Metals, over…
Appetite for ‘green energy metals’ drives deals
Demand for ‘green energy’ metals like copper, nickel, lithium, and cobalt has risen sharply, driven by the global move to lower carbon emissions and electric vehicle makers chasing battery ingredients….
Chile to open up 400,000 tonnes of lithium reserves for exploration
Chile will open a tender for the exploration and production of 400,000 tonnes of lithium in an effort to reclaim market share and meet growing demand for the metal used in electric vehicles and high-tech devices. The copper-producing nation,…