Pasofino becomes sole owner of Dugbe gold project in Liberia
Pasofino Gold (TSXV: VEIN; US-OTC: EFRGF) is now the sole owner of the Dugbe gold project in Liberia after consolidating a 100% interest from Hummingbird Resources (AIM: HUM), as the…
Africa
Anglo American’s falling shares fuel takeover rumours
Speculation about Anglo American (LSE: AAL) becoming the target of a takeover by a rival or a private equity firm keeps mounting, as shares in the diversified miner continue to…
ASX-listed MetalsGrove jumps on Zimbabwe lithium assets acquisition
Shares in MetalsGrove Mining (ASX: MGA) jumped 16% on Monday after the Australian explorer said it had entered into a strategic agreement to buy six contiguous and highly prospective lithium-tin-tantalum…
Kefi Gold and Copper’s Tulu Kapi build to put Ethiopia on global mining map
After three tumultuous years of civil war in Ethiopia, the founder of Kefi Gold and Copper (AIM: KEFI) pinches himself over the East African country’s emergence as a mining investment destination. Harry…
Price decline woes likely over, says Petra Diamonds
Petra Diamonds (LSE: PDL) said on Friday a decline in diamond prices experienced this year has likely bottomed as the company is already seeing improved market conditions. The South African…
Anglo American shares drop on South Africa challenges, production cut
Shares hit their lowest point since March 2020 after the miner unveiled plans to drastically cut the amount of commodities it mines.
Global gold snapshot: Eight companies exploring the world for the yellow metal
As gold prices reach historic highs of US$2,019 per oz., exploration companies are pursuing the yellow metal from up and down the Americas to Down Under. Here’s an overview of…
Ivanhoe Mines quadruples exploration spend in search of more DRC copper
Ivanhoe Mines (TSX: IVN) has increased its exploration budget to US$90 million for 2024, quadrupling the previous amount. The primary focus of exploration activities will be the Western Foreland project…
Lifezone Metals resource update raises tonnages for Kabanga nickel project
Lifezone Metals Limited (NYSE: LZM), 17% owned by BHP (NYSE: BHP; LSE: BHP; ASX: BHP), announced on Thursday a resource update for its Kabanga Nickel project in northwest Tanzania. The company…
Lithium insights: Interactive map of recent offtake deals
As electric vehicle uptake continues to rise, car companies and original equipment manufacturers (OEMs) are forging new relationships with miners for supplies of lithium needed in EVs. Governments are also…
First Quantum to fast-track Zambia project after Panama blow
Canada’s First Quantum Minerals (TSX: FM) has signed a deal with Zambia’s Mimosa Resources to fast-track development of their Fishtie copper project in the south-central African country, near the border with the…
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…