Zanaga Iron lines up $25M in deal with Red Arc
Zanaga Iron (LSE: ZIOC) has signed a binding term sheet with Red Arc Minerals that could see up to $25 million invested to advance its namesake iron ore project in…
Iron Ore
Indaba: Rio ramps up Simandou iron ore output
CAPE TOWN — Rio Tinto (ASX, LSE, NYSE: RIO) is on track to increase high-grade iron ore production from Guinea’s long-delayed Simandou, Africa’s biggest mining and infrastructure project, to more…
Indaba: Mining must be ‘champion’ in fragmented world, Anglo’s Wanblad says
The global mining industry faces its most consequential moment in generations as critical minerals move to the centre of economic and security policy, Anglo American (LSE: AAL; JSE: AGL) CEO…
Rio Tinto, Glencore nix $260B mega-merger
Rio Tinto (ASX, LSE, NYSE: RIO) and Glencore (LSE: GLEN) have scrapped plans for a $260-billion merger that would have created the world’s largest mining company. In a statement on Thursday,…
High metal prices don’t equal more demand: BMO
Metals demand in the global industrial economy has been soft since November, despite rising prices across most metals over the past year and manufacturing expansion at its highest level since…
Mining industry rates Chile’s critical mineral plan
Industry responses to Chile’s new National Critical Minerals Strategy ranged from supportive to skeptical as officials shift the country’s traditional reliance on copper towards a broader mix of resources aligned with…
Copper rally lifts 2026 earnings view for miners: report
Rising spot metal prices are setting up one of the strongest earnings years in recent memory for diversified miners, with Rio Tinto (ASX: RIO, LSE: RIO) and Glencore (LSE: GLEN)…
CHARTS: Mining M&A surges as Canada deal values hit post-2009 high
Mining companies are rushing into mergers and acquisitions (M&A) as a core growth strategy, a shift that is helping drive Canada’s deal market to its highest level in more than…
Vale says rains overflow Brazil mine pit
Vale (NYSE: VALE) said sediment-laden water overflowed from a pit at the Fábrica iron ore mine in Brazil’s Minas Gerais State early Sunday morning. No injuries occurred and the incident…
Pope Leo XIV urges ethical mining in Vatican talks
Pope Leo XIV met senior mining and energy executives at the Vatican on Saturday to press for more ethical approaches to resource extraction, signalling a shift in tone between the…
YMP funds $250,000 to mining students
Andrea Ferriss is studying for a BSc (Hons) Geology at the University of Alberta to champion sustainable resource development as a priority for the industry. “I’ve chosen a career in…
Ivanhoe Atlantic pivots to US IPO after rail deal win
Ivanhoe Atlantic is weighing an initial public offering in the United States later this year after securing long-awaited approval to use a key rail corridor to export iron ore from…