Top 10 mines with world’s most valuable ore
In mining, grade is king.
Australia, NZ & South Pacific
BHP in talks with Wyloo over Noront takeover
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has begun talks with Australian billionaire Andrew Forrest’s Wyloo Metals concerning the imminent takeover of Canada’s Noront Resources (TSX-V: NOT), as part of…
Anglo American strategy boss replaces Cutifani as CEO
Duncan Wanblad, 54, will be the first South African to run the company since Tony Trahar stepped down in 2007.
Nickel, cobalt allow for cheaper, more efficient green hydrogen production
Researchers at Australia’s Curtin University have identified an electrocatalyst that, with added nickel and cobalt, makes green hydrogen from water in a cheaper and more efficient way compared to traditional…
Sibanye-Stillwater takes stake in Australia’s New Century Resources
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) is extending its footprint to Australia with a US$46 million acquisition of a 19.99% stake in New Century Resources (ASX: NCZ), which owns the Century tailings…
B2Gold to sell Burkina Faso project to West African Resources
B2Gold (TSX: BTO; NYSE-AM: BTG) is selling its 81% stake in the Kiaka gold project in Burkina Faso to Australia’s West African Resources (ASX: WAF) for cash and shares. Kiaka…
Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has joined the rising chorus of companies and analysts warning of an imminent and “significant” supply gap for lithium, as demand for…
Battle for Noront Resources heats up with sweetened offer from BHP
The world’s largest miner is now offering C$0.75 per share of Noront, representing a 36% premium to its previous offer, a 7% premium to the Wyloo offer and a 213% premium to Noront’s unaffected price.
Noront Resources picks Wyloo bid over BHP
A months-long battle over nickel-copper miner Noront Resources (TSXV: NOT) may have come to an end as the Canadian company said today that it had picked a sweetened bid from Australian mining billionaire Andrew Forrest’s Wyloo Metals, over…
Appetite for ‘green energy metals’ drives deals
Demand for ‘green energy’ metals like copper, nickel, lithium, and cobalt has risen sharply, driven by the global move to lower carbon emissions and electric vehicle makers chasing battery ingredients….
South32 buys stake in KGHM Chilean mine for about US$1.55B
Australia’s South32 (LSE: S32; ASX: S32) has acquired almost half of the vast Sierra Gorda copper mine in northern Chile, majority-owned by Polish miner KGHM (WSE: KGH) for US$1.55 billion in cash…
Tesla inks multi-year nickel supply deal with Prony
Tesla (NASDAQ: TSLA) has inked a multi-year nickel supply deal with New Caledonia’s Prony Resources, which guarantees the U.S. carmaker about 42,000 tonnes of the metal needed to produce the…