Alphamin to resume Congo tin mine, shares rally
Alphamin Resources (TSXV: AFM) says it will resume operations at its flagship tin mine in the Democratic Republic of Congo as security concerns ease with reports of the African nation…
Africa
Petra Diamonds delays sale amid US tariffs uncertainty
Africa-focused Petra Diamonds (LSE: PDL) has postponed a scheduled sale of about 200,000 carats of diamonds from its Cullinan mine in South Africa, citing uncertainty over the impact of new…
Deep Yellow delays Namibia project on uranium price
Uranium developer Deep Yellow (ASX: DYL) says it will defer the final investment decision on its main Tumas project in Namibia for the second year running, this time until market…
Ivanhoe shares rise on hydropower boost, output
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says its Kamoa-Kakula copper complex in the Democratic Republic of Congo has reached a “major turning point” following a sizeable increase in imported hydroelectric…
US, DRC near minerals deal: report
The United States and the Democratic Republic of Congo are discussing an agreement that would see U.S. companies take greater control of critical mineral assets in exchange for support for…
Robex on track for first gold from Guinea in Q4
Robex Resources (TSXV: RBX) said on Wednesday it remains on track to deliver first gold from its Kiniero project in Guinea by the end of this year. Shares of the West…
China’s foreign mining investment sets record
China’s overseas mining investment under its Belt and Road Initiative (BRI) hit another peak last year at $21.4 billion (C$30.6 billion), as the government continues to place heavy emphasis on…
Sanu Gold rises as Montage, Lundin maintain backing
Sanu Gold (CSE: SANU; US-OTC: SNGCF) shares hit their highest level in two years on Tuesday after the West Africa-focused junior announced a private placement backed by Montage Gold (TSXV:…
Thor Explorations rises on dispute win in Nigeria
Thor Explorations (TSXV, AIM: THX) rallied on Wednesday after an inter-ministerial committee in Nigeria dismissed allegations of business malpractice against the Canadian miner. According to a report released by the…
Mercuria bets big on copper in bid to rival oil trading
Swiss commodities trader Mercuria plans to acquire more stakes in mines, particularly in the copper sector, as it expands its recently established metals division — an operation it envisions growing…
Gold Road rejects $3B takeover bid from Gold Fields
Australia’s Gold Road Resources (ASX: GOR) has rejected a A$3.3 billion (C$2.97 billion) takeover bid from South Africa’s Gold Fields (JSE, NYSE: GFI), calling the offer “highly opportunistic” and saying it undervalued…
Gold dominates mining M&A again in 2024: S&P Global
Gold was once again the dominant theme of mergers and acquisitions (M&A) deals within the precious and base metals mining space in 2024, accounting for 70% of the year’s transaction…