Loncor agrees on $261M sale to China’s Chengtun
Canadian explorer Loncor Gold (TSX: LN; US-OTC: LONCF) agreed to be acquired by Chengtun Mining Group for about $261 million cash in a deal that will hand control of a…
Africa
South Africa state raises Sibanye stake above 20%
Public Investment Corp. (PIC), South Africa’s state-owned asset management firm, has raised its shareholding in Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) to above 20%, further cementing its states as the miner’s…
RANKED: Top 20 biggest copper mines 2025
The copper price hit a new 16 month high in London this week, while BHP (NYSE, LSE, ASX: BHP) is predicting global copper demand to grow by at least a…
Anglo draws Botswana into $5B De Beers sale talks
Anglo American (LSE: AAL) CEO Duncan Wanblad said Botswana’s government will join negotiations with one or two shortlisted bidders for De Beers, as the mining giant moves to sell its…
Video: B2Gold rerating hinges on Goose, Mali permit
B2Gold (TSX: BTO; NYSE-A: BTG) expects a market rerating after achieving commercial production this week at Goose in Nunavut and as it works to secure a key permit in Mali,…
NexMetals drills wide copper-nickel zones in Botswana
NexMetals Mining (TSXV, Nasdaq: NEXM) on Tuesday said four new holes in its 12-hole metallurgical program at the past-producing Selkirk copper-nickel–platinum mine in Botswana returned broad, near-surface mineralization, supporting a…
Predictive, Robex reach $1.5B deal to create Guinea-focused gold miner
Australia’s Predictive Discovery (ASX: PDI) and Canada’s Robex Resources (CVE: RBX)(ASX: RXR) agreed to merge in an all-share deal worth A$2.35 billion ($1.55 billion) that would create a new Guinea-focused…
Barrick CEO exit could spur asset sales, M&A: analysts
Leadership changes at two of North America’s biggest miners open the door to asset sales and even a potential takeover of Barrick Mining (TSX: ABX; NYSE: B), analysts say. On…
Caledonia weighs phased Bilboes build, CEO says
Zimbabwe-focused Caledonia Mining (LSE, NYSE American: CMCL) is to decide by year-end whether to build the Bilboes project in phases – potentially halving the original plant size to curb equity…
Fatal accident forces WCS to halt iron site at Simandou
Winning Consortium Simandou (WCS), the company that’s developing Blocks 1 and 2 of the massive Simandou iron ore project in Guinea, has halted operations after a fatal accident killed three…
Video: Newcore eyes PFS as Enchi packs high value
Newcore Gold (TSX-V: NCAU; US-OTC: NCAUF) is advancing its 100%-owned Enchi project in Ghana toward a prefeasibility study after last year’s preliminary economic assessment (PEA) outlined a simple, low-capex open-pit…
Platinum Group’s matte move could unlock Waterberg
Platinum Group Metals (TSX: PTM; NYSE-A: PLG) is seeking South African approval to export converter matte from its Waterberg project rather than bagged concentrate, CEO Frank Hallam says. Converter matte…