Congo warns US, Europe not to buy ‘looted’ minerals from Rwanda
President Felix Tshisekedi urged direct trade and didn’t rule out a minerals deal if tied to ending the nation’s conflict.
Europe
Global exploration budgets fall as juniors tighten belts: S&P
Global nonferrous exploration spending declined for the second straight year due to financing challenges for junior miners, S&P Global said. Global spending dropped 3% to $12.5 billion, S&P’s Corporate exploration…
Spotlight: Global metals exploration
The world is on the cusp of a tidal wave of new demand for metals critical to the economy and the future of the planet. From copper, nickel and vanadium…
Anglo, Codelco strike $5B copper deal
Anglo American (LSE: AAL) and Chile’s state-owned Codelco have signed an agreement to jointly develop their neighbouring Los Bronces and Andina operations, a move that will see the partners produce…
Glencore weighs ditching London as primary listing
Glencore (LSE: GLEN) is considering shifting its primary listing from London, likely to New York, or another venue where it can “get the right valuation” in a potential blow to…
Spotlight: Energy transition metals shine
Investments in clean energy and artificial intelligence infrastructure are driving demand for critical minerals — from silver for solar panels to copper for wiring to nickel and lithium for batteries….
Aussie junior amid Trump-related geopolitical storm
A little-known Australian junior miner has found itself in the global spotlight following renewed speculation about U.S. President Donald Trump’s interest in acquiring Greenland. Shares in Energy Transition Minerals (ASX:…
Rio Tinto OK’d on $6.7B Arcadium Lithium buy
Rio Tinto (ASX, LSE, NYSE: RIO) has secured all regulatory approvals to proceed with its $6.7-billion (C$9.49-billion) acquisition of Arcadium Lithium (ASX: LTM; NYSE: ALTM) set to close in early…
Firebird Metals, Eramet agree on manganese offtake
Firebird Metals (ASX: FRB) said Monday it has signed a memorandum of understanding (MOU) with French mining company Eramet for the supply of ore to feed its proposed battery-grade manganese…
Anglo American nears De Beers spinoff
Anglo American (LSE: AAL) is moving closer to spinning off its diamond unit, De Beers, after the government of Botswana confirmed interest in increasing its stake in the world’s leading…
JV article: PSA and Pronto Xi ERP software power big mines like Blackwater in BC
More than 400 mining companies worldwide depend on Pronto Software’s Pronto Xi ERP to increase efficiencies through streamlined operations and smarter resource management. Toronto-based Pronto Solutions Alliance (PSA) is widely…
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…