Botswana in talks to raise stake in De Beers
Botswana confirmed on Monday market rumours that it plans to increase its shareholding in De Beers, as parent company Anglo American (LSE: AAL) prepares to spin off or sell the…
Europe
Critical Metals to acquire 92% stake in rare earth project billed as one of world’s largest
The Tanbreez in Greenland, with a 28.2 million tonne TREO resource is expected to contain more than 27% heavy rare earth elements.
Most energy and mining projects 20% in the red: study
Miners and energy companies are facing average budget overruns of 15% to 20%, which puts nearly US$1.5 billion of capital invested in energy transition-related projects at risk each year through…
Gina Rinehart ups stake in lithium-focused Vulcan
Gina Rinehart, the billionaire mining magnate who owns Hancock Prospecting, has boosted her ownership in Vulcan Energy Resources (ASX: VUL) to 7.5% by injecting nearly €12.5 million ($18.5 million) into…
Editorial: Mining’s EV halo dims
It wasn’t supposed to be this way. Mining’s association with planet-saving electric vehicles (EVs) was supposed to make mining, if not cool, at least more acceptable. Maybe even virtuous. But…
BHP abandons US$49B bid for Anglo
BHP (ASX: BHP) is walking away from its US$49.2 billion offer for Anglo American (LSE: AAL) after the companies couldn’t agree on how to handle the target’s platinum assets in South…
Adriatic Metals seeks US$50M after first concentrate sale
Europe-focused Adriatic Metals (ASX: ADT; LSE: ADT1) said on Monday it had sold the first shipment of concentrate from its Vares silver mine in central Bosnia, and plans to raise…
NGO sues Norway over deep-sea mining plans
Environmental activists have once again turned to the Norwegian courts, this time suing the government over its plans for seabed mineral exploration, which they claim has failed to test the possible…
JV Video: Stakeholder relations still key to success, Global External says
Miners need to learn how to speak with people outside the industry, Adam Hawkins, founder and president of Global External, said in an April interview. The industry typically focuses on…
Rio Tinto faces pressure to leave London exchange
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) should switch its primary listing from the London stock market to Australia’s, a move that could boost the miner’s share price by…
Anglo American rejects BHP’s third, US$49.2B bid
Anglo American (LSE: AAL) rejected on Wednesday a third takeover bid by BHP (ASX: BHP) that valued the company at US$49.2 billion (£38.6 billion), but it has agreed to extend…
BHP, Kingsrose to jointly explore Norway and Finland
BHP (ASX: BHP; LSE: BHP; NYSE: BHP) and Australian junior Kingsrose Mining (ASX: KRM) inked on Wednesday two joint agreements to explore and develop nickel and copper assets in Norway…