Perseus gets key OreCorp shareholders onside with sweetened bid
Perseus Mining (TSX: PRU; ASX: PRU) announced on Wednesday that it has raised its off-market takeover offer for OreCorp (ASX: ORR) as it seeks to beat out Canadian rival Silvercorp…
Australia, NZ & South Pacific
Push for ESG price premiums may reshape global critical minerals markets
As low nickel prices force Australian miners to scale back output, some have called for an ESG premium on low-carbon production that would help Western producers compete with cheaper, but…
Glencore’s carbon emission jumped 8.8% in 2023, reveals new climate plan
Mining and commodities trader Glencore (LSE: GLEN) has reported an 8.8% in its carbon emissions for 2023 as a consequence of expanding coal production and restarting an oil refinery in…
Video: Montage CEO eyes growth in Africa
After taking the reins of Montage Gold (TSXV: MAU; US-OTC: MAUTF) in February, CEO Martino De Ciccio is working to realize his vision of recreate a multi-asset Africa-focused gold miner…
JV Video: Mandalay Resources aims for acquisitions
Mandalay Resources has a three-pronged strategy to expand into a mid-tier gold producer, president and CEO Frazer Bourchier says in a new video. Toronto-based Mandalay is maintaining cash flow from…
K92 pauses work at Kainantu mine after worker death
K92 Mining (TSX: KNT; US-OTC: KNTNF) announced on Tuesday that underground operations at its Kainantu gold mine have been temporarily suspended following the death of an employee on March 10….
Vale faces fresh US$3.8B lawsuit over 2015 dam disaster
Vale (NYSE: VALE) is facing a £3-billion (US$3.8 billion) lawsuit in the Netherlands related to the 2015 collapse of a dam in Brazil, adding to a long list of existing…
Video: Wyloo Canada invests in nickel exploration as Aussie assets close
Wyloo Metals Canada says its parent company’s decision to close operations in Western Australia and develop nickel assets in Ontario’s Ring of Fire, despite a 45% drop in nickel prices,…
American Rare Earths says study confirms Halleck Creek potential
Australia’s American Rare Earths (ASX: ARR) says a new scoping study for its Halleck Creek project in Wyoming confirms its potential to become a world-class rare earth element (REE) project….
Lucapa Diamond ups resources at Angola mine by 48%
Shares in Lucapa Diamond (ASX: LOM) jumped almost 5% on Monday after the Australian miner announced that inferred resources at its Lulo mine in Angola rose 48% last year. The Lulo mine, in…
China’s clean-tech surge shakes markets and tests Western green resolve
Against China’s production boom, Western countries are trying to figure out how to build their clean-tech industries without being undercut by cheaper Chinese products. They’re stuck between wanting to secure…
Net-zero goal within reach, or is it, new surveys argue
Solar energy will dominate the mining industry by 2040, or it will take an additional 20 years, according to two new executive surveys from different sides of the globe. Mining…