Alkane to acquire Mandalay Resources in $358M deal
The merged company will operate under the Alkane Resources name and expects to produce 160,000 gold-equivalent ounces in 2025.
Europe
US-Ukraine minerals deal could be signed within days
Ukraine and the United States could sign a long-awaited minerals agreement as early as this week, after Kyiv announced that previous U.S. military aid would not be counted against the…
Trump moves to fast-track deep-sea mining push
United States President Donald Trump on Thursday signed an executive order on deep-sea mining that aims to pave the way for offshore resource extraction and cut the country’s critical minerals…
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…
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…
Antofagasta to invest $200M in Cachorro copper project
Chilean miner Antofagasta (LSE: ANTO) has earmarked $200 million over seven years for a new exploration stage at its Cachorro copper project in the country’s north. The move follows the…
Infographic: Copper spheres of control
Who controls the future of copper?
Gold ETFs log US$21B rise in first quarter, WGC says
Global gold exchange-traded funds (ETFs) grew by US$21 billion in the first quarter to reach their second highest quarterly level by value since the second quarter of 2020 at the…
PDAC Video: Critical Metals advances key green energy projects in Europe
Critical Metals Corp (Nasdaq: CRML) is preparing to become Europe’s first spodumene producer after it recently received environmental approvals for its Wolfsberg lithium project in Austria, CEO Tony Sage says….
PDAC video: Eldorado targets 43% output surge
Eldorado Gold (TSX: ELD; NYSE: EGO) is aiming for a 43% increase in output over the next three years over 2023 gold production levels as new projects enter operations and…
China retaliates with more curbs on rare earth exports
China fought back against United States President Donald Trump’s reciprocal tariffs Friday by slapping immediate export restrictions on key rare earth elements in a move that could potentially endanger the…
Diversify trade to survive tariffs, O’Toole says
Canada must respond to U.S. tariffs by finding new European trade partners in defence, the energy transition and green technology, according to the former head of the country’s Conservative Party….