Opinion: As US tech stumbles, focus on commodities
Chinese-owned DeepSeek recently sent a shockwave through Wall Street after claiming its artificial intelligence model was made at a fraction of the cost of its United States rivals. The event…
Australia, NZ & South Pacific
Fundraising by junior, intermediate miners hits lowest since 2019: S&P
Funds raised by junior and intermediate mining companies dropped by 12% in 2024 to US$10.3 billion globally, its lowest in five years, according to data tracked by S&P Global. This…
Lundins, Zijin Mining agree on $62M investment in Predictive Discovery
Predictive Discovery (ASX: PDI) said the Lundin family, their associates and Zijin Mining agreed to invest about A$69.2 million ($62 million) to help the Australian miner press ahead with development…
Resolute Mining CEO quits following detention in Mali
West Africa-focused gold producer Resolute Mining (ASX: RSG) announced on Monday the resignation of CEO Terry Holohan, who was detained in Mali for 10 days in November. Holohan and two…
Resolute’s costs rise, output falls in Mali, Senegal
West Africa-focused gold producer Resolute Mining (ASX: RSG) forecasts reduced production and higher costs this year as its Mako mine in Senegal nears depletion and tax changes in Mali drive up…
The future of copper mining’s top tier?
BHP (NYSE, LSE, ASX: BHP) appears to be discarding its long-running interest in Anglo American (LSE: AAL) and pivoting to spend billions instead on expanding its own assets. Over the…
NGOs expose global surge in met coal mines
German non-profit Urgewald, in collaboration with 10 partner organizations, launched on Thursday the first-ever Metallurgical Coal Exit List (MCEL), which identifies the main companies driving hundreds of new metallurgical coal…
VRIC: Copper majors are hunting for explorers
Despite the upheaval of a new Donald Trump presidency in the U.S., pundits at the Vancouver Resource Investment Conference held firm that the metal’s long-term future is as bright as…
Mining’s top 10 ESG trends for 2025
As we enter 2025, the mining industry grapples with a rapidly evolving and polarizing environmental, social and governance (ESG) landscape shaped by regulatory shifts, geopolitical pressures, technological advancements and societal…
Rio Tinto, Glencore in M&A talks: Bloomberg
Rio Tinto (NYSE, LSE, ASX: RIO) and Glencore (LSE GLEN) have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant and…
Arafura secures A$200M for Nolans rare earths project nearing build decision
Arafura Rare Earths (ASX: ARU) has secured a A$200-million ($180-million) investment from the Australian government’s National Reconstruction Fund Corp. to advance the A$2.8-billion capex Nolans rare earth project in the…
Minerals 260 buys $150M Aus gold project from Zijin
Junior explorer Minerals 260 (ASX: MI6) says it will acquire the brownfield Bullabulling gold project in Western Australia from Chinese diversified major Zijin Mining (SH: 601899) for A$166.5 million ($147.9…