Canada OKs $53B Anglo-Teck merger
The Canadian government has approved the $53-billion mega-merger of Anglo American (LSE: AAL) and Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), clearing a major hurdle for the creation of one…
South America
Fortescue agrees to buy Alta for $139M in copper push
Australia’s Fortescue (ASX: FMG) agreed to buy all of Peru-focused explorer Alta Copper (TSX: ATCU; US-OTC: DNCUD) in a C$139 million ($101 million) deal that accelerates a pivot into copper…
How Latin American state policy affects lithium
Global market forces and domestic politics explain why Latin American countries have taken sharply different paths in governing their lithium industries, according to a new study by Korean researchers. The…
JV Article: Tiger Gold’s drills roar to life in Colombia
Since optioning the Quinchia gold project in Colombia in May, Tiger Gold has updated historical resources to Canada’s NI 43-101 standards, published a preliminary economic assessment, raised over $23 million…
Copper price hits record on U.S. growth hopes, China
Copper hit a record high Friday before easing amid expectations of faster U.S. economic growth and continued economic support from the Chinese authorities. Three-month futures on the London Metal Exchange…
London JV Video: Latin America is both risk frontier and growth engine, panel argues
Latin America is both a risk frontier and a growth engine, mining leaders told an International Metals Symposium panel last week, pointing to a centrist drift in Argentina and Mexico…
Copper M&A: SolGold weighs higher $1.1B Jiangxi bid
Ecuador-focused miner SolGold (LSE: SOLG) has opened the door to a takeover from China’s Jiangxi Copper (JCC), which returned with a higher all-cash proposal valuing the company at about £842…
Chile’s weekend runoff puts copper future at stake
On Dec. 14, Chileans go to the polls to elect a new president who will govern until 2030 and shape the country’s most important economic engine: mining. Voters face a…
Innovation slump drags mining productivity down: report
Mining productivity has fallen for more than a decade and has improved only 1% a year since 2018, a trend McKinsey & Company warns could threaten the sector’s ability to…
Collective finds new gold zone in Colombia
Collective Mining (TSX, NYSE: CNL) said new drilling at its Guayabales project in Colombia has significantly expanded the size of the deposit’s Apollo system. The stock rose. Hole APC-143D cut 130…
Argentina province OKs $559M copper mine
Argentina’s Mendoza province has approved its first large-scale mining project in more than two decades after giving the greenlight to PSJ Cobre Mendocino, a joint venture between Switzerland’s Zonda Metals…
Lundin Gold sees higher costs, stable output in Ecuador
Lundin Gold (TSX: LUG; US-OTC: LUGDF) said output at its Fruta del Norte gold mine in southeast Ecuador should remain flat over the next three years while unit costs climb…