Opinion: Ring of Fire road must start ASAP
The Ring of Fire camp is the most important mining discovery in Canadian history for its strategic minerals including nickel, copper, platinum group metals, chromite and titanium. It even exceeds…
Glencore
Mining M&A slips as firms lawyer-up to fight regulators
Global mining dealmaking is falling this year but political drama and litigation are escalating in the United States and Canada, while other trends include paying premiums to get copper and…
Billionaire-backed KoBold, Midnight Sun team up for Zambia copper discovery
KoBold Metals, a U.S.-based startup supported by high-profile investors such as Bill Gates and Jeff Bezos, is venturing into Zambia’s rich copper belt. In February it partnered with Canada’s Midnight…
Rio Tinto has not ruled out Anglo American bid: report
While Rio has a smaller market capitalization than rival BHP, it’s large enough to make an all-share offer for some or all of Anglo American.
Anglo American copper assets worth US$35B: analyst
BHP’s (ASX, LSE, NYSE: BHP) bold move last week to approach Anglo American (LSE: AAL) with an unsolicited US$39 billion takeover offer has as its main objective to grab copper…
Glencore takes 15.4% Stillwater Critical Minerals stake
Swiss diversified miner Glencore (LSE: GLEN) has increased its stake in Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) to 15.4% for a total investment of $7.1 million in less than…
First Quantum to shut Ravensthorpe nickel mine
Canadian miner First Quantum Minerals (TSX: FM) has decided to close its Ravensthorpe nickel operation in Western Australia. The ceasing of operations at the mine this week will cut around…
Abitibi Metals probes new copper area at B26 in Quebec
Abitibi Metals (CSE: AMQ; US-OTC: AMQFF) says a new copper target west of its B26 polymetallic deposit in northern Quebec shows potential for expanding the project. Assays from the Satellite West…
BHP offers to buy Anglo American for US$39B
BHP (LSE: BHP; NYSE: BHP; ASX: BHP) has made a tentative all-share offer valued at £31.1 billion (US$38.8 billion) to take over Anglo American (LSE: AAL) and become the world’s…
Teck copper output shoots up on QB mine, profit disappoints
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) saw its copper production jump by 74% in the first three months of the year, due mainly to the ramp up of the…
Update lifts mine life for Metals Acquisition’s CSA copper project to 11 years
A resource update for Metals Acquisition‘s (NYSE: MTAL; ASX: MAC) CSA copper mine in Australia raises the total contained red metal by 42% and the mine life to 11 years…
Glencore tussles with farmers in Australian court over carbon storage plan
Australian farmers are taking mining giant Glencore (LSE: GLEN) to federal court to block a carbon capture and storage plan they say will pollute an underground water reservoir a fifth…