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…
Africa
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…
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…
CHARTS: Global mining is now a brownfield industry
The dearth of new greenfield mines – particularly copper – has been a problem for the industry for decades. A new study by the University of Queensland’s Sustainable Minerals Institute…
Politics replaces prices as mining’s main driver: survey
Geopolitical events steered the world’s attention on the mining sector in 2025, highlighting the persistent supply chain risks that the industry has overlooked for years. In 2026, all eyes are…
Goldman boosts year-end gold price forecast to $5,400
Goldman Sachs has lifted its year-end forecast for gold to $5,400 (C$7,542) per oz. to reflect the yellow metal’s growing appeal among private-sector investors. In a note published Wednesday, the…
South32 backs $35M push at Alaska copper project
The miner has signed off on a $35M work program to advance its Arctic copper project in Alaska through the Ambler JV.
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…
DRC pitches copper, cobalt and more to US
The Democratic Republic of Congo has handed the United States a vetted list of mining and processing projects open to American investment, signalling Washington’s most concrete move yet to chip…
Fortuna lifts Côte d’Ivoire gold ounces, extends mine life
Canadian miner Fortuna Mining (TSX: FVI; NYSE: FSM) extended the projected life of its Séguéla property in Côte d’Ivoire as it reported a 31% increase in gold reserve ounces. Séguéla…
Montage moves up Côte d’Ivoire gold pour
Canadian developer Montage Gold (TSX: MAU, US-OTC: MAUTF) is advancing first production at its flagship Koné project in Côte d’Ivoire by six months after construction crews made faster-than-expected progress. The…
Petra’s 42-ct blue diamond sparks hope for miners
Africa-focused Petra Diamonds (LSE: PDL) has unearthed an ultra-rare blue diamond weighing just under 42 carats at its Cullinan Mine in South Africa, a discovery that could sell for as…