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…
Stock Markets/Investing
Site visit: Fortuna Mining drives value at Lindero pit
In a lunar-like landscape high in the Argentinian Andes, workers in white hazmat suits pace the cyanide-damp heap-leach pad. They have begun stacking ore on a second stage of Fortuna…
Centerra acquires 9.9% of BC-focused Thesis Gold
Centerra Gold (TSX: CG) has bought a 9.9% stake in Thesis Gold (TSXV: TAU), citing the potential growth and synergy of the latter’s flagship project located next to its Kemess gold-copper…
Triple Flag to acquire Orogen Royalties for $420M
Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) announced Tuesday that it has entered into an agreement to acquire Orogen Royalties (TSXV: OGN; US-OTC: OGNRF) in a transaction valued at…
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…
CMOC to acquire Lumina Gold in $580M deal
CMOC Singapore, a subsidiary of China’s CMOC Group, has signed a definitive agreement to acquire Lumina Gold (TSXV: LUM) in an all-cash deal valued at $581 million (US$421 million), marking…
Allied Gold picks $80M raising after nixing UAE funds
Allied Gold (TSX: AAUC; US-OTC: AAUCF) is raising $80 million through a public offering to fund further engineering and growth initiatives at the Sadiola mine in Mali and its Côte…
Robex files prospectus for $77M Australia IPO
Canadian miner Robex Resources (TSX: RBX) filed a prospectus with Australian securities regulators for an estimated A$120 million (US$77 million) initial public offering that will help pay for a new…
Energy Fuels mills rare earths in US that China limits
Energy Fuels (TSX: EFR; NYSE-A: UUUU) says it has successfully developed technology capable of producing six of the seven rare earths oxides at scale, that are now subject to the…
Citi softens short-term bearish outlook on copper
Citigroup has softened its short-term bearish outlook on copper by lifting its three-month price target to $8,800 a tonne, citing United States President Donald Trump’s recent decision to suspend many…
Paladin faces irate investors in class action
Paladin Energy (ASX, TSX: PDN, US-OTC: PALAF) says it will challenge a class action suit in Australia alleging the uranium producer’s output forecast misled investors. The case filed with the…
MinRes board rocked as investigating directors resign
Shares in Australia’s Mineral Resources (ASX: MIN) dropped 9% on Wednesday after two board members, who also sat on the corporate governance committee set up to investigate the company’s founder,…