Zijin agrees to buy Canada’s Allied Gold for $4B in cash
Zijin Gold agreed Monday to buy Canada’s Allied Gold (TSX, NYSE: AAUC) in a friendly all-cash transaction valued at about $5.5 billion (US$4 billion) as the Chinese miner ramps up…
Zijin Mining
Copper’s next shortage is structural, not hype: analyst
Copper is heading into a structural deficit from 2026 as demand from electrification accelerates faster than new supply, according to BloombergNEF, with geopolitical intervention now the single biggest force shaping…
Mining Forum Americas: Fresh money pours in, but permits will decide where it sticks
Colorado Springs, Colo. – New capital is flooding back into miners, led by generalist funds and crypto-adjacent investors, but industry analysts and fund managers say it will stick only with…
Zijin becomes world’s No. 3 miner on $100B valuation
China’s Zijin Mining Group (HKG: 2899) has climbed past the $100 billion threshold in market capitalization for the first time, propelling it into the No. 3 spot globally, overtaking Glencore…
Mining Forum Americas: Gold majors vow discipline
Colorado Springs , Colo. – A year of record bullion prices has the gold sector talking less about buying ounces in takeovers and more about finding them in their midst….
Ivanhoe, Zijin in spat over quake impact on Kakula
Ivanhoe Mines (TSX: IVN) on Friday disputed a statement by its Chinese partner, Zijin Mining, regarding operational issues at their jointly owned Kakula copper mine in the Democratic Republic of…
Minerals 260 eyes 2028 gold output at Bullabulling
Minerals 260 (ASX: MI6) is starting its own studies at the newly acquired Bullabulling project in Western Australia’s Goldfields, targeting a final investment decision next year and first production in…
Spotlight: Global battery metals
Battery metals are crucial in the world economy today and their importance will only grow over time as the climate warms and greener energy comes to the fore. Here are…
Ivanhoe cuts copper forecast on DRC power woes, while Friedland touts new discoveries
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) on Wednesday reported record third-quarter copper production but cut its full-year guidance by 6%, blaming power outages at its Kamoa-Kakula complex in the Democratic…
RANKED: The world’s top 10 gold miners
Gold has re-emerged as one of the top asset classes of 2024, having risen by 12% year to date and shattered multiple records along the way. It is now well…
Solaris says $130M Zijin deal derailed by ‘counterproductive’ regulatory review
Solaris Resources (TSX: SLS; NYSE: SLSR) has cancelled a $130-million investment by China’s Zijin Mining Group after the financing got stuck for four months in the Canadian government’s national security…
RANKED: Top gold producers of H1 2023
Gold has taken centre stage this year as a flurry of multi-billion dollar M&A deals have played out in the industry. Newmont’s (TSX: NGT; NYSE: NEM) US$19.2 billion acquisition of…