Rex Minerals (ASX: RXM), which holds Australia’s largest permitted and shovel-ready copper project, is being bought out by Indonesia-based MACH Metals Australia for A$393 million ($361.1 million). Rex shares closed…
Canada’s Karora Resources (TSX: KRR; US-OTC: KRRGF), the target of a A$1.2-billion (US$830 million) acquisition by Australia’s Westgold Resources (ASX: WGX), said on Monday a leading independent proxy advisory firm…
The mining industry must boost its support of local communities if it’s ever going to attract enough investors for the world to meet climate-change fighting goals, a new survey and…
BHP (LSE: BHP; NYSE: BHP; ASX: BHP), the world’s largest miner is reportedly reducing by 20% short-term incentives offered for the 2023-24 fiscal year to all employees, the Australian Financial…
Australian gold miner Ramelius Resources (ASX: RMS) has secured a A$175 million ($160 million) revolving debt facility, along with government grants, to fund its operations and recent acquisitions. Banks including Australia and…
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing A$18.5 million ($16.9m) to increase its stake in Australia’s Sovereign Metals (ASX: SVM; LSE: SVML), which is advancing the Kasiya rutile-graphite…
Stocks in certain gold and copper producers are expected to gain this year even as a surge in the metals’ prices subsides, BMO Capital Markets says. Investors may seek attractive…
A gas fire at Anglo American’s (LSE: AAL) Grosvenor metallurgical coal mine in northeast Australia could see operations suspended for more than one year and affect the company’s restructuring plans,…
As summer holidays beckon, investors typically exchange their screens for a beach. However, with increased volatility in the market and more rate cuts expected this month by both the Bank…
Nickel is an essential component in electric vehicle (EV) batteries, solar panels and alloys for the aerospace industry. Nickel demand for EVs is projected to grow about 40 times by…
Australian gold miner Ramelius Resources (ASX: RMS) has acquired an 8.9% stake in rival Spartan Resources (ASX: SPR), which is developing the Dalgaranga gold project in Western Australia. The miners said…
Some of Canada’s leading mining law firms say their clients are considering leaving the country because the federal government’s clampdown on Chinese investment has closed off an important funding lifeline. …
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