Vale shelves base metals IPO: Globe
Vale (NYSE: VALE) has shelved plans for an initial public offering of its critical-minerals subsidiary Vale Base Metals (VBM) amid political opposition in Brazil to potentially losing control over strategic…
Europe
Investors buoy gold price as central banks slow
Central-bank gold buying fell by more than half in July even as bullion stayed near record highs, suggesting investment demand is taking on a bigger role in supporting the market….
Dutch slash New York gold in crisis shift
The Netherlands’ central bank has transferred 86 tonnes of gold from North America to London, cutting the share of its bullion held in New York to 19% from 31% as…
Gem Diamonds rebounds as big stones lift profit
Gem Diamonds (LSE: GEMD) swung back to profit in the first half of the year as stronger prices for large diamonds from the Letšeng mine in Lesotho and cost reductions…
Drone wars deepen West’s critical minerals squeeze
Drones deployed in the Russia-Ukraine war account for an estimated 4% of global germanium demand, adding pressure to a small critical minerals market dominated by China, according to BMO Capital…
ACG starts copper concentrate output in Turkey
ACG Metals (LSE: ACG) produced the first copper concentrate from its Gediktepe mine in Turkey, marking its transition from precious metals as it targets full sulphide production by the end…
Summer surprises with 3rd highest capital raising
During the period from July 16 to Aug. 14, 2026, the three largest mining financings and credit-facility transactions totalled around $1.74 billion (US$1.25 billion), the third largest capital raising period…
Glencore looms over Anglo-Teck’s $1.4B copper prize: FT
Glencore (LSE: GLEN) could complicate Anglo American’s efforts to capture the biggest gains from its $53-billion merger with Teck (TSX: TECK.A TECK.B, NYSE: TECK) as the miners negotiate how to…
Opinion: Battery Passport 2027 – the EU rule that reaches back to the mine
A regulation aimed at batteries is about to make demands of the people who dig up their raw materials. From Feb. 18, 2027, every battery placed on the EU market…
Zinc price jumps to 4-year high
Zinc climbed to its highest level since June 2022 on the London Metal Exchange (LME) as warehouse stockpiles drained to multi-year lows and mine supply cuts tightened the physical market….
Boliden’s $1.3B Nexa buy adds S-American zinc, silver
Sweden’s Boliden (STO: BOL) has agreed to buy Brazilian conglomerate Votorantim’s controlling stake in Nexa Resources (NYSE: NEXA) for $1.3 billion (C$1.8 billion) in shares, giving the European miner a…
Finland offers Troilus $132M financing option for Quebec gold project
Troilus Mining (TSX: TLG; US-OTC: CHXMF) has opened another route to financing its Quebec gold-copper project after Finland’s export credit agency offered potential support for up to $132 million (C$183…