Glencore offers to buy rest of PolyMet for US$71M
Mining and commodities giant Glencore (LSE: GLEN) has offered PolyMet Mining (TSX: POM; NYSE: PLM) to buy the company’s shares it does not already own for US$2.11 in cash each,…
Copper
Canada’s Top Ten: Barrick leads this year’s list of miners by market cap
Barrick Gold (TSX: ABX; NYSE: GOLD) returned as Canada’s largest mining company on the Toronto Stock Exchange, displacing last year’s leader Nutrien (TSX: NTR), which plummeted in market value by…
Mining megatrends create industry meta-crisis, says Newmont CEO
Tom Palmer, CEO of top global gold producer Newmont (NYSE: NGT; TSX: NEM), is monitoring three industry megatrends, which, if left unchecked, could simultaneously animate, interact with, and reinforce one…
Nova Royalty acquires copper NSR on Newmont’s Saddle North in BC
Nova Royalty (TSXV: NOVR; US-OTC: NOVRF) is adding a high-quality copper project to its portfolio with the acquisition of a 0.25% net smelter return (NSR) on the Tatogga property, which…
JV Article: Denarius Metals develops high-grade projects in Spain and Colombia
Mine builder Serafino Iacono has made his mark in Colombia. At his former company, Gran Colombia Gold, he took the troubled Segovia gold project, which was in liquidation in 2010,…
China lights a fuse under the copper producers
Turn your mind back six months ago to January 2023. Markets were in a frenzy predicting enormous growth in Asia as China emerged from its three-year lockdown. Commodity stocks were…
JV Article: Brixton Metals gains traction with BHP strategic investment
It took more than a decade quietly assembling a contiguous claim block about the size of half a million football fields in northwestern British Columbia, but the effort seems to…
Appian Capital grabs majority stake in Namibian zinc mine
Appian Capital Advisory said on Tuesday it had completed the acquisition of an almost 90% stake in the Rosh Pinah underground zinc mine in southern Namibia from Trevali Mining. As…
Northern Dynasty’s Pebble copper mine gains more time
Northern Dynasty Minerals (TSX: NDM; NYSE: NAK) will have to wait until the end of the week to hear the US Army Corps of Engineers’ comment on future plans regarding…
GMS Video: SCP Resource sees opportunity in M&A, ‘ultra-low’ junior valuations
SCP Resource Finance was formed in May, after a management-led buyout of Sprott Capital Partners from Sprott Inc. At The Northern Miner’s recent Global Mining Symposium, Brandon Gaspar, VP and…
Glencore grabs 10% of Stillwater Critical Minerals
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) has welcomed Glencore Canada as a major investor to help advance its portfolio of nickel exploration and development projects in North America. Under…
GMS Video: Rob McEwen shares his vision for Los Azules — and for the future mine
Imagine a mine site that grows food onsite, is fully powered by renewable energy, and looks more like the SpaceX factory than a typical mining operation. The vision belongs to…