Cobalt Holdings drops London IPO plans
Metals investor Cobalt Holdings has dropped plans to list this month on the London Stock Exchange, cancelling what would’ve been that market’s biggest initial public offering in mining since 2018….
Europe
Eramet extends fall on Gabon manganese export ban
Shares of French miner Eramet fell for a second day after Gabon said it would prohibit the export of manganese ore starting in 2029 in a bid to create a homegrown processing…
Mount Etna erupts, unleashing fire—and possibly hidden minerals
Mount Etna, Europe’s tallest and most active volcano, erupted this week in a spectacular display, sending plumes of ash and gas high into the Sicilian sky and captivating onlookers with…
Infographic: Rare earth spheres of control
MINING.COM and The Northern Miner mapped global rare earth production through a geopolitical lens, dividing the world into five “spheres of control”: Chinese, American, Russian, Coalition of the Willing, and Undrafted….
Copper price must double to meet future mining needs — study
To meet the world’s future needs, copper prices must at least double their current levels in order to incentivize companies to build more mines, a study published in the latest…
Platinum seems near price surge: Sprott
Platinum may be on the cusp of a sustained price rise amid forecasts for reduced inventories and a third straight year of supply scarcity, Sprott Asset Management says in a…
Is Glencore’s $22B asset shift a prep for Rio merger?
Glencore (LSE: GLEN) has transferred almost $22 billion in foreign assets into its Australian subsidiary in a sweeping global restructuring that could lay the groundwork for a future merger with…
Diamond mining industry cracks under pressure
The global diamond industry is rapidly collapsing, with plunging revenues, halted operations, and doubts about its relevance.
Greatland Gold targets $33M in ASX dual listing
Greatland Gold (LSE: GGP) has launched its long-anticipated initial public offering, targeting up to A$50 million (US$33 million) as part of a dual listing on the Australian Securities Exchange and…
China rules critical mineral despite efforts: IEA
A new report by the International Energy Agency paints a sobering picture of the global push to secure critical minerals as nations are forced to navigate through high geopolitical tensions…
Rosneft acquires Russia’s largest rare earth deposit
Russia’s state-run oil giant Rosneft has acquired the giant Tomtor rare-earth deposit in Siberia, filings in the country’s national commercial registry show. Tomtor, considered Russia’s largest deposit of its kind,…
Dundee in talks to acquire Adriatic Metals for $935M
Adriatic Metals (LSE: ADT1) confirmed Tuesday it is in takeover talks with Canadian miner Dundee Precious Metals (TSX: DPM). The discussions, first reported by Sky News, could value the UK-based…