Spotlight: Global battery metals
Battery metals are crucial in the world economy today and their importance will only grow over time as the climate warms and greener energy comes to the fore. Here are…
Zijin Mining
Ivanhoe cuts copper forecast on DRC power woes, while Friedland touts new discoveries
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) on Wednesday reported record third-quarter copper production but cut its full-year guidance by 6%, blaming power outages at its Kamoa-Kakula complex in the Democratic…
RANKED: The world’s top 10 gold miners
Gold has re-emerged as one of the top asset classes of 2024, having risen by 12% year to date and shattered multiple records along the way. It is now well…
Solaris says $130M Zijin deal derailed by ‘counterproductive’ regulatory review
Solaris Resources (TSX: SLS; NYSE: SLSR) has cancelled a $130-million investment by China’s Zijin Mining Group after the financing got stuck for four months in the Canadian government’s national security…
RANKED: Top gold producers of H1 2023
Gold has taken centre stage this year as a flurry of multi-billion dollar M&A deals have played out in the industry. Newmont’s (TSX: NGT; NYSE: NEM) US$19.2 billion acquisition of…
Zijin mulls multi-billion expansion of Serbian copper mine
China’s Zijin Mining Group is said to be planning an expansion of its Cukaru Peki mine in eastern Serbia, as demand for copper is expected to surpass supply. According to…
Argentina says new projects will boost lithium production fivefold by 2025
Argentina, the world’s fourth largest global lithium supplier, says it’s on track to reach 200,000 tonnes annual production by 2025. That’s thanks to the development of six new projects in…
China’s Zijin to buy Rosebel from Iamgold for US$360M
Canada’s Iamgold (TSX IMG; NYSE: IAG) said on Tuesday it had agreed to sell its stake in the Rosebel gold mine in Suriname to Zijin Mining in a deal valued…
Investments from autocratic states need full ICA review, says parliamentary committee
All investments made by firms from authoritarian regimes should undergo the complete security review process stated in the Investment Canada Act (ICA), a parliamentary committee said in a new report…
Zijin opens Serbia’s largest copper mine
Zijin Mining, China’s largest gold miner, has begun operations at its Cukaru Peki copper and gold mine in Serbia. The asset, part of the Timok project, is expected to make the Balkan country Europe’s…
Ivanhoe keeps DRC copper mine expansion ahead of schedule
Kamoa-Kakula Phase 2’s concentrator plant is now expected to begin full operations in Q2 2022.
Strong gold and copper growth forecast as covid disruption subsides – report
Worldwide gold and copper production growth will resume in all earnest following the stop-start nature of Covid-19 disruption that miners have experienced at times during the past 18 months, two…