Agnico Eagle and Kirkland Lake Gold merger likely the last major deal in Canada
The mega-merger of Agnico Eagle Mines (TSX: AEM; NYSE: AEM) and Kirkland Lake Gold (TSX: KL; NYSE: KL; ASX: KLA) unveiled to the market on September 28 “makes a lot…
Europe
Lithium-ion battery recycling market to reach US$31B per year by 2040 — report
In a new report, IDTechEx forecasts that by 2040, the global lithium-ion battery recycling market will be worth US$31 billion annually. According to the market analyst, China is already the…
Building a ‘Canadian mining Champion’
Whatever one thinks of the logic behind the ‘merger of equals’ announced this week between Agnico Eagle Mines and Kirkland Lake Gold, one thing is abundantly clear: The business combination…
Agnico Eagle, Kirkland Lake create new gold giant in US$10B merger
The combined company, the gold industry’s highest-quality senior producer, will have 48 million ounces of the metal in reserves.
Appian Capital in talks to sell Atlantic Nickel for $1B, Brazilian daily newspaper reports
London-based private equity fund Appian Capital is said to be in advanced negotiations to sell its Atlantic Nickel unit in Brazil for around US$1 billion, with Canada’s Teck Resources (TSX:…
Greenland-focused Greenroc IPOs on the AIM
On Monday, the ordinary shares of GreenRoc Mining (AIM: GROC) started trading on London’s junior AIM platform. The explorer seeks to capitalize on the growing demand for critical minerals its…
Glencore mulls offers for CSA copper mine in Australia
Glencore‘s (LSE: GLEN) long-running campaign to sell its CSA copper mine in Australia’s New South Wales state seems to be finally coming to an end as the miner confirmed today…
Sandfire to buy giant Spanish copper complex for US$1.9B
Australian mid-cap miner Sandfire Resources (ASX: MTR) is buying the Minas De Aguas Teñidas (MATSA) mining complex in Spain for about US$1.9 billion, as it seeks to become a large copper-focused producer. The company went into a trading…
JV article: Emesent’s Hovermap valuable tool after earthquake at Swedish iron ore mine
On the morning of May 18, 2020, an earthquake measuring 4.1 on the Richter scale rocked northern Sweden, inflicting serious damage to the century old LKAB iron mine in the…
Petra Diamonds mulls selling Tanzania’s Williamson mine
South Africa’s Petra Diamonds (LSE: PDL) is considering selling its Williamson mine in Tanzania, even as it continues to work on bringing the operation back online in the second half…
Robust metals price outlook softens in 2022 – reports
The global metals and mining industry outlook has changed from ‘positive’ to ‘stable’ with a new Moody’s Investors Service report finding that despite most metals prices exceeding historical marks, that…
De Beers sales show steady rebound in diamond market
De Beers, the world’s largest diamond producer by value, said today that it had sold about US$515 million worth of rough diamonds during its latest event, making it the biggest sale…