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…
Africa
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…
DRC to slap export quotas on cobalt
The Democratic Republic of Congo (DRC), the world’s largest cobalt producer accounting for three-quarters of output, plans to place export quotas on the battery metal after setting a four-month ban…
Acid spill from Chinese-owned copper mine contaminates vital river in Zambia
A catastrophic waste spill from a Chinese-owned copper mine in Zambia has left local authorities and environmentalists fearing the worst for long-term impacts on the Kafue River, the African nation’s…
PDAC 2025 JV video: AMC Consultants warns juniors ‘complacency could prove costly’
Consulting engineering firm AMC Consultants advises companies on cutting costs and streamlining operations to withstand economic and policy pressures, regional manager Gene Tucker said. He warned that “complacency could prove…
Tariffs, uncertainty, driving nations to tighten grip on critical minerals
Verisk Maplecroft’s Resource Nationalism Index shows a record risk increase in 47 countries since 2020.
US open to DRC minerals deal: reports
The United States is open to talks with Democratic Republic of Congo (DRC) over a deal that would give it access to the African nation’s critical minerals in exchange for…
PDAC shows urgency of getting shovels in ground
Time is of the essence if miners are to deliver the minerals needed to power the energy transition. That sense of urgency was front and centre this week as Toronto…