ERG earmarks $1B for Kazakhstan operations
Eurasian Resources Group (ERG) plans to invest more than $1 billion in its mining and metallurgical assets in Kazakhstan, the largest investment in ERG’s projects in the Central Asian country…
Iron Ore
Rio Tinto copper output rises as merger talks loom
Rio Tinto’s (ASX, NYSE, LSE: RIO) copper production rose 5% in the fourth quarter as a surge from Mongolia’s Oyu Tolgoi underground expansion more than offset weaker output at Chile’s…
Venezuela aluminum restart may cost $2.3B: WoodMac
Reviving Venezuela’s idle aluminum industry would require up to $2.3 billion in investment but could help ease a widening supply gap in the Americas, according to a new report from…
Copper at heart of probable Rio bid for Glencore: RBC
Investors are increasingly expecting Rio Tinto (NYSE, LSE, ASX: RIO) to make an all-share offer for Glencore (LSE: GLEN) in a deal driven by the will to control future copper…
Latin America grabs most M&A: McKinsey
Global mining mergers and acquisitions hit about $30 billion in the first three quarters of 2025, with 74% of deal value flowing to Latin America as investors retreat from higher-risk…
DRC revives $29B iron plan once tied to Gertler
The Democratic Republic of Congo (DRC) wants to develop a $29-billion (C$40.1 billion) iron ore export plan in the country’s north linked at one time to U.S.-sanctioned Israeli billionaire Dan…
Ontario speeds up Canada Nickel’s Crawford project
Ontario has named Canada Nickel’s (TSXV: CNC; US-OTC: CNIKF) polymetallic Crawford project as the second to be advanced under its One Project, One Process (1P1P) permit fast track framework. Shares…
Glencore holds merger talks with Rio
Rio Tinto (NYSE, LSE, ASX: RIO) and commodities trading giant Glencore (LSE: GLEN) are holding preliminary talks about combining some or all of their businesses in a deal that could…
US focus on Greenland grab misguided: analysts
United States officials are misguided if they think gaining control of Greenland will give them access to a wealth of resources capable of shrinking overnight the country’s critical minerals reliance…
Venezuelan neglect scars mining potential: analysts
Venezuela has significant mineral resources including gold reserves rivalling Peru and Brazil and large dormant projects the government seized more than a decade ago as companies and investors size up…
BlueScope Steel rejects $8.8B takeover offer
BlueScope Steel (ASX: BSL) has rejected an $8.8 billion takeover bid by U.S. steelmaker Steel Dynamics (Nasdaq: STLD) and Australian conglomerate SGH (ASX: SGH), accusing the bidders of trying to buy…
Mineral, metal prices to edge higher: Fitch’s BMI
Most mineral and metal prices are expected to increase slightly this year as robust demand and tighter supply combine with declining tariff uncertainties, according to BMI, a unit of Fitch…