Australian court okays BHP takeover of OZ Minerals
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) said on Monday that the Federal Court of Australia had approved its A$9.6 billion (US$6.4 billion) takeover of copper-gold producer OZ Minerals (ASX:…
Australia, NZ & South Pacific
Teck attracts bids from Vale, Anglo American and Freeport
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) is said to have been approached by Vale (NYSE: VALE), Anglo American (LSE: AAL) and Freeport-McMoRan (NYSE: FCX) on potential deals for the…
How humanity’s conquest of space will depend on mining lunar water
With an eye to exploring Mars and beyond, space agencies worldwide are looking to mining to supply water, fuel and oxygen needed to send astronauts on longer missions. The target?…
The deep sea mining debate is ‘gone’ — it’s happening, says The Metals Company CEO
Despite opposition from environmental groups, the CEO of The Metals Company (TMC) — which has exclusive access to the Nori Clarion-Clipperton Zone (CCZ) polymetallic project ranked as the world’s biggest undeveloped…
Newmont makes ‘best and final’ bid for Newcrest
The world’s largest gold producer Newmont (NYSE: NEM; TSX: NGT) has upped its bid for Australia’s Newcrest Mining (TSX: NCM; ASX: NCM) to US$21.2 billion from the original implied value…
Canucks beat Aussies in hard-rock lithium battle for value, Winsome says
Australia-based Winsome Resources (ASX: WR1), which is developing three hard-rock lithium projects in Quebec, says it’s attracted to Canadian opportunities because they’re less expensive than in the Outback. Assays reported…
Newcrest, Harmony Gold ink deal to move Wafi-Golpu project forward
Newcrest Mining (ASX, TSX: NCM) and Harmony Gold (NYSE: HMY) said Thursday they have signed a framework agreement with the Papua New Guinea (PNG) government that sets key terms to jointly…
BofA turns bearish on lithium
New lithium supplies coming to market from at least six new projects in the next six months will exacerbate the price pressures the battery-making ingredient has been grappling with the…
RANKED: World’s top 10 biggest lithium mines
Lithium is a crucial component in the batteries that power the electric vehicles the world needs to accelerate the green energy transition. While lithium prices were white hot late last…
TNM Drill Down: Great Boulder hits a homerun at Side Well
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining…
Wyloo says offer for Mincor is ‘best and final’ after nickel miner withdraws guidance
Andrew Forrest’s Wyloo Metals is sticking to its previous offer to buy Australian nickel explorer Mincor Resources (ASX: MCR) even after its target disclosed issues delivering nickel product as specified…
Danakali sells stake in flagship Colluli potash project in Eritrea To Chinese buyer
Australia’s Danakali (ASX: DNK) has completed the sale of its 50% stake in the Colluli potash project in Eritrea, 13 years after partnering with the Eritrean National Mining Corp. (ENAMCO) to build…