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…
Europe
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…
Gold miner Navoi issues $500M Eurobond
Navoi Mining & Metallurgical Co., the world’s fourth-largest gold miner, has placed a new $500 million corporate bond in London following a $1-billion issue in October as the company preps…
Ex-LBMA exec adopts blockchain to trace gold
Sakhila Mirza must turn a decade of rule-making experience at the London Bullion Market Association (LBMA) into real-world systems as incoming president of New York-based traceability platform, Responsible Gold. Her…
$4,800 gold price in 5 years: Incrementum
Gold could exceed $4,800 per oz. by December 2030 based on a probable base-case scenario, Liechtenstein-based gold fund Incrementum outlined in its In Gold We Trust report. The report’s base-case scenario…
Tungsten prices hit 12-year high on China’s limits
European tungsten prices have surged to their highest level since 2013, driven by China’s tightening grip on critical mineral exports and rising demand from sectors like electronics, defence and renewable…
London’s biggest mining IPO since 2018 concerns cobalt
Metal investment company Cobalt Holdings is targeting June for an initial public offering (IPO) in what would potentially be the mining industry’s largest stock debut in London since before the…
Sibanye’s Finland lithium project cost rises 17%
South African miner Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) has raised the projected cost of its Keliber lithium project in Finland by 17% to €783 million (US$880 million), citing regulatory changes,…
Mining without feasibility studies risks losing projects
Mining companies that move to production without pre-feasibility or feasibility studies face risky consequences. Though forgoing studies is rare, it can lead to costly delays and regulatory issues, Alexander Pizale,…
Rare 10-carat blue diamond could fetch $20M
A rare 10-carat blue fancy diamond could fetch up to $20 million (C$27.8 million) when it goes before bidders in Geneva on May 13, auction house Sotheby’s said on Thursday….