Anglo flags third De Beers writedown
Anglo American (LSE: AAL) is weighing a third writedown of De Beers in as many years as weak diamond prices persist and the miner advances asset sales ahead of its…
M&A, Financing and Restructuring
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,…
VRIC Video: Wheaton sees 1M oz sooner as production growth accelerates
Wheaton Precious Metals (TSX, NYSE, LSE: WPM) is coming off its best year ever with the help of four new mines entering production and stronger output from existing assets, CEO…
VRIC JV Video: Trinity One buys Ecuador’s Silver-1
Vancouver-based Trinity One Metals (TSXV: TOM; US-OTC: ARJNF) has agreed to acquire Ecuador’s past-producing Silver-1 mine, a deal CEO Thomas Wood said would give the roughly $9-million microcap a primary-silver…
Eldorado buys Foran for $2.8B in copper push
Eldorado Gold (TSX: ELD; NYSE: EGO) has agreed to buy fellow Canadian miner Foran Mining (TSX: FOM; US-OTC: FMCXF) in a transaction that values the copper-focused developer at about $3.8…
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…
BlueScope plays down $8.8B takeover bid
Australia’s BlueScope Steel (ASX: BSL) said Monday it will likely reject an A$13.2 billion (US$8.8 billion) takeover proposal from a consortium led by Kerry Stokes-backed SGH (ASX: SGH) and U.S.-based…
Lundin Mining to sell Eagle mine to Talon for $84M
Share-based deal gives Talon processing assets in the US and a new CEO, while Lundin sharpens its focus on larger copper operations.
U.S. raises Graphite One loan to $2.1B
The U.S. Export-Import Bank (EXIM) has increased potential funding to $2 billion (C$2.9 billion) for Graphite One’s (TSXV: GPH; US-OTC: GPHOF) Alaska-to-Ohio supply chain. The bank on Thursday issued non-binding…
Ecuador sets 2026 tender for $3B Llurimagua
Ecuador plans a 2026 tender for Llurimagua as copper M&A accelerates and past JV disputes shape the project’s next phase.
US-Tanzania push aids Lifezone’s Kabanga nickel build
Lifezone Metals (NYSE: LZM) says its $942 million (C$1.3 billion) Kabanga nickel project in northwest Tanzania is on track for a 2026 investment decision as Washington and Dodoma deepen talks…
London Symposium JV Video: Japan Gold seeks partner after Barrick exit
Japan Gold (TSXV: JG; US-OTC: JGLDF) is lining up a new strategic partner to fund its next drill campaigns in Japan’s Kyushu and Hokkaido islands, targeting concealed, Hishikari-style epithermal veins….