Appian secures $150M loan for Namibia mine expansion
Appian Capital Advisory has secured a $150 million debt facility from Standard Bank to complete the expansion of its majority-owned Rosh Pinah zinc mine (RPZ) in southern Namibia. The financing…
Africa
DRC to impose cobalt export quotas
The Democratic Republic of Congo will end a ban on cobalt exports next month and impose annual shipment quotas instead as the world’s biggest producer of the metal seeks to…
Seabed miners face squeeze under oceans law
A newly ratified treaty to safeguard life at sea is expected to intensify opposition to deep-sea mining at a United Nations climate summit this week in New York, running alongside…
Mining Forum Americas: Former Barrick CEO elevates Fourmile in Nevada plan
Colorado Springs, Colo. – Barrick Mining (TSX: ABX; NYSE: B) says its new Fourmile project in Nevada can be developed without new processing plants and fits within the company’s capital-returns…
Ivanhoe defers Kamoa-Kakula copper forecast
Ivanhoe Mines (TSX: IVN) (US-OTC: IVPAF) says it has begun the second stage of its Kakula mine dewatering plan, but will delay its copper production forecast for the next two…
Perseus gets Côte d’Ivoire OK to build gold mine
Perseus Mining (ASX, TSX: PRU) said it’s received presidential approval to develop and operate Côte d’Ivoire’s first underground mine. Shares rose. Côte d’Ivoire President Alassane Ouattara signed the decree authorizing…
Mining Forum Americas: Gold Fields CEO preps Canadian giant Windfall for output
Gold Fields (NYSE, JSE: GFI) is approaching the production start of its Windfall underground mine in Quebec, the core of the South African miner’s strategy to focus on tier one…
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….
Mining Forum Americas: B2Gold open to M&A in 2026
B2Gold (TSX: BTO; NYSE-A: BTG) is open to mergers and acquisitions but may hold off until next year, when management expects the market to assign greater value to its fully…
Congo strategy nearly doubles cobalt price
The price of cobalt sulphate entering the electric vehicle battery supply chain in China has soared more than 90% since the start of the year after top producer the Democratic…
Friedland sells 4% of Ivanhoe to Qatar for $500M
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has agreed to a $500-million investment from Qatar that gives its sovereign wealth fund 4% of the Canadian copper miner founded by billionaire Robert Friedland….
Beaver Creek: Crypto joins gold windfall in M&A race
Beaver Creek, Colo. – Flush crypto firms and gold miners are driving industry M&A in a competitive market where the number of discoveries has slid by more than half, this…