Private equity mining deals to rise: S&P Global
Private equity deals in the mining sector are expected to grow as demand for minerals essential to the global energy transition continues to rise, S&P Global says in a new report….
Europe
Czech hikers find $680,000 in gold coins, jewelry
Two people hiking in Czech Republic’s Krkonose Mountains have discovered a cache of gold coins and jewelry about a century old that local experts estimate to be worth over $680,000…
US, Ukraine close in on minerals deal
The United States and Ukraine are expected to finalize a landmark agreement that would give Washington preferential access to new Ukrainian mineral and energy projects in exchange for future investment…
Q1 gold demand soars to highest since 2016: WGC
First-quarter gold demand hit its highest level in nine years as exchange-traded funds loaded up on the metal, according to the World Gold Council (WGC). Total gold demand reached 1,206…
Viken ranks No. 2 for uranium resource: District Metals
A new estimate for District Metals’ (TSXV: DMX) Viken project in central Sweden raises uranium resources so much it’s now the world’s second largest deposit of the nuclear metal, the…
Video: Mining sector raises $11M for glioblastoma research at Daffodil ball
The mining sector helped raise $10.85 million Saturday to launch a five-year pan-Canadian glioblastoma research program, lifting the Daffodil Ball’s 29-year total to $38.85 million. Adam Lundin spoke in honour…
Alkane to acquire Mandalay Resources in $358M deal
The merged company will operate under the Alkane Resources name and expects to produce 160,000 gold-equivalent ounces in 2025.
US-Ukraine minerals deal could be signed within days
Ukraine and the United States could sign a long-awaited minerals agreement as early as this week, after Kyiv announced that previous U.S. military aid would not be counted against the…
Trump moves to fast-track deep-sea mining push
United States President Donald Trump on Thursday signed an executive order on deep-sea mining that aims to pave the way for offshore resource extraction and cut the country’s critical minerals…
RANKED: World’s biggest copper mines
Copper is the metal most tied to the global economy because of its essential role in sectors from transportation to manufacturing and electrification. A growing emphasis on clean energy means…
UK flags possible security review as deep-sea mining licences go up for sale: FT
Britain may trigger a national security review over the proposed sale of two deep-sea mining exploration licences after the Norwegian parent of UK Seabed Resources (UKSR) filed for bankruptcy, the…
Antofagasta to invest $200M in Cachorro copper project
Chilean miner Antofagasta (LSE: ANTO) has earmarked $200 million over seven years for a new exploration stage at its Cachorro copper project in the country’s north. The move follows the…