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Canadian company Golden Shield has announced the termination of an agreement to acquire private company Tucano Gold. Through the proposed transaction, first mooted in July, Golden Shield would...
A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase of aluminum group Alcan, and then the ill-conceived...
Canada-based exploration company Founders Metals has upsized its previously announced bought-deal financing to C$20-million, citing strong demand and oversubscription. The company previously...
Chilean state miner Codelco produced 10.1% more copper in August compared to a year earlier, the Andean country's Cochilco copper commission said on Thursday, producing 125 300 t while other major...
TSX-V-listed Giyani Metals Corporation has identified multiple new manganese oxide ore targets at its K.Hill project, in Botswana. The company has also successfully renewed six of its seven...
Johannesburg Stock Exchange AltX-listed company Mantengu Mining has been provided with a platinum group metals (PGMs) and chrome mining industry opportunity by PGMs major Sibanye-Stillwater, the...
A High Court in London has ruled that Sibanye-Stillwater, listed on the JSE and NYSE, is liable for damages following the termination of a $1.2-billion agreement with investment advisor Appian...
Diversified major Rio Tinto’s move to acquire Arcadium Lithium in an all-cash transaction of $8.85 a share makes strategic sense, allowing the major to quickly increase exposure to the key energy...
Rio Tinto is muscling in on the lithium market after a precipitous price collapse for the battery metal, betting it can build a portfolio of huge, low-cost mines that will outlast weaker rivals....
Recycle like there’s no tomorrow were the urging words flashed across the large screen at the thirteenth Oppenheimer Research Conference, where long-time former diamond mining luminary Nicky...
Rio Tinto said on Wednesday it would acquire Arcadium Lithium for $6.7-billion in an all-cash deal that would make it one of the world's largest lithium producers. The global miner would gain...
The mining industry is experiencing a period of unprecedented and protracted change, and many in the mining industry are facing considerable challenges as many commodities are facing revenue...
In a counter-cyclical move, Rio Tinto on Wednesday announced a $6.7-billion acquisition of Arcadium Lithium, propelling the world’s second-biggest miner into the ranks of major lithium producers....
Brazilian miner Vale on Tuesday swapped out its head of iron-ore solutions, the first major change in leadership since CEO Gustavo Pimenta started in his role earlier this month. Vale's current...
The bulk earthworks phase of the Nyanza Light Metals plant to advance ilmenite up the value curve as titanium dioxide (TiO2) pigment has begun at the Richards Bay Industrial Development Zone...
Investors need to adopt a new approach to the mining sector if that industry is to meet the growing demand for minerals and metals needed for the green transition. That’s the central message in a...
Toronto-listed miner Hudbay Minerals has reached a final settlement in three long-standing civil lawsuits brought against the company concerning alleged incidents in Guatemala in 2007 and 2009. The...
The contract route chosen to recover gold from the mine dumps of the West Rand’s Mogale City reduced the project cost by R300-million. In addition, the technical prowess of a Krugersdorp...
Iron-ore rose — following two sharply weekly gains — on speculation China’s top economic planner will unveil more stimulus measures at a press briefing on Tuesday morning. The steelmaking staple...
Twiga Minerals, the joint venture between the Tanzanian government and Barrick Gold Corporation, has grown to contribute 51% of government’s revenue from the extractive industry. Tanzania...
When the Mining Weekly team of three arrived at the initial sod-turning event of Pan African Resources’ gold-from-dumps project just over a year ago, the area west of Johannesburg looked a little...
Anglo American will not be an "inevitable" takeover target after its unbundles its diamond, platinum, nickel and coal assets, CEO Duncan Wanblad said on Thursday. The mining giant is restructuring...
The biggest takeaway from the hugely profitable Mogale tailings retreatment (MTR) operation, which was commissioned west of Johannesburg by Pan African Resources on Thursday, is that one can make a...
The International Council on Mining and Metals (ICMM) has announced Tom Palmer, president and CEO of Newmont, as its new chairperson. He succeeds Iván Arriagada, CEO of Antofagasta Minerals, and...
Glencore’s Steven Rowland has been appointed as the chairperson of the International Copper Association (ICA). He is succeeding Teck COO Shehzad Bharmal, who served as ICA chairperson for the last...
The Brazilian state of Pará, which will host the COP30 global climate talks next year in the Amazon, is defending local regulations that encourage illegal gold mining, according to documents in...
Vale is committed to investing in Brazil’s first fund to support critical minerals as it seeks to diversify, the new chief of the world’s No. 2 iron-ore supplier said Wednesday. Vale has 90% of...
Brazilian miner Vale aims to boost its copper production, the company's new CEO said on Wednesday, conceding it has lost ground to its competitors in output of the key industrial metal. Vale is a...
South Africa needs to transition into renewable energy in a way that continues to protect the country’s energy availability, Eskom chairperson Dr Mteto Nyati told the Joburg Indaba on Wednesday....
Decarbonisation is key to achieving operational excellence for metals and mining companies, professional services firm KPMG’s latest ‘Metals and Mining Outlook’ has revealed. The report, published...
Manganese Metal Company (MMC) of Mbombela is on its way to becoming a Western world beater in the supply of high-purity manganese sulphate monohydrate for battery electric vehicles (BEVs). MMC’s...
The mining and metals sector needs to accelerate growth and build additional capacity to support the energy transition. This trend, alongside the need to maintain capital discipline, has elevated...
Goldman Sachs on Monday raised its gold price forecast to $2 900/oz from $2 700/oz for early 2025 citing gradually rising ETF flows with interest rate cuts in the West and China, and higher central...
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