Fortescue agrees to buy Alta for $139M in copper push
Australia’s Fortescue (ASX: FMG) agreed to buy all of Peru-focused explorer Alta Copper (TSX: ATCU; US-OTC: DNCUD) in a C$139 million ($101 million) deal that accelerates a pivot into copper…
Australia, NZ & South Pacific
Li-FT Power agrees Winsome deal to expand in Quebec
Canadian lithium developer Li-FT Power (TSX-V: LIFT) agreed to buy Australia’s Winsome Resources (ASX: WR1) and add a majority stake in an Azimut Exploration (TSXV: AZM) project to boost its…
Westgold to spin out mining assets, launch IPO on ASX
Westgold Resources (ASX, TSX: WGX) plans to spin off its non-core gold exploration assets in the Murchison region of Western Australia into a new company that will be listed on…
JV article: Novo targets standalone million-oz deposits as greenfield programs progress
Novo Resources (ASX, TSX: NVO) is sharpening its focus on large-scale gold and copper discoveries across Australia, targeting standalone deposits with million-ounce potential. Backed by A$10 million (C$9.2 million)…
Copper price hits record on U.S. growth hopes, China
Copper hit a record high Friday before easing amid expectations of faster U.S. economic growth and continued economic support from the Chinese authorities. Three-month futures on the London Metal Exchange…
BMC Minerals debuts on ASX in A$100M IPO
BMC Minerals (ASX: BMC), the Canadian subsidiary of UK-based BMC, debuted on the Australian Securities Exchange on Friday following an A$100-million (US$67-million) initial public offering to help fund its Yukon…
Study spotlights deep-sea mining’s impact on species
The largest study yet on the ecological impacts of deep-sea mining – commissioned by its leading proponent, The Metals Co. (Nasdaq: TMC) – has found a steep drop in seabed…
Rare earth trade talks top mining trends: Wood Mac
The shift of rare earth elements to the centre of global trade negotiations is a leading trend in mining, according to a new report by natural resources consultancy Wood Mackenzie….
Innovation slump drags mining productivity down: report
Mining productivity has fallen for more than a decade and has improved only 1% a year since 2018, a trend McKinsey & Company warns could threaten the sector’s ability to…
Anglo scraps exec bonus vote as Teck merger looms
Anglo American (LSE: AAL) has dropped a proposal to change executive bonus awards from the agenda of tomorrow’s shareholder vote on its merger with Canada’s Teck Resources (TSX:TECK.A | TECK.B)…
Gold Royalty adds BHP’s Brazil mine in $70M deal
Gold Royalty (NYSE-A: GROY) has agreed to buy an existing royalty on the Pedra Branca mine held by BlackRock World Mining Trust for $70 million cash. The copper-gold mine, located…
Spotlight: Projects to watch in 2026 – Part 2
Continuing price volatility with rare earths and copper, high costs, disputes over consultation and executive shakeups have some major projects facing uncertainty heading into the new year. Here are three…