Anglo American’s falling shares fuel takeover rumours
Speculation about Anglo American (LSE: AAL) becoming the target of a takeover by a rival or a private equity firm keeps mounting, as shares in the diversified miner continue to…
South America
Solaris taps US$80M Orion financing to advance Warintza copper project in Ecuador
Solaris Resources (TSX: SLS; US-OTC: SLSSF) has secured US$80 million in funding from Orion Mine Finance Management for the Warintza copper-gold project in Ecuador. The deal is made up of US$60…
TNM Drill Down: Westgold tops week’s assays at Fortnum in Australia
Our TNM Drill Down features highlights of the top gold assays from Dec. 1-8. Drill holes are ranked by gold grade x width, as identified by data company Mining Intelligence.Projects…
Chile aims to be among world’s top three cobalt producers
Chile, the world’s top copper producer, unveiled this week an ambitious plan to become one of the three largest cobalt producing nations as it simultaneously boosts its lagging copper output….
Global gold snapshot: Eight companies exploring the world for the yellow metal
As gold prices reach historic highs of US$2,019 per oz., exploration companies are pursuing the yellow metal from up and down the Americas to Down Under. Here’s an overview of…
Lithium insights: Interactive map of recent offtake deals
As electric vehicle uptake continues to rise, car companies and original equipment manufacturers (OEMs) are forging new relationships with miners for supplies of lithium needed in EVs. Governments are also…
Gold Royalty invests $31M in Aura’s gold project in Brazil
Canadian precious metals royalty and streaming company Gold Royalty (NYSE: GROY) is investing $31 million to finance Aura Minerals’ (TSX: ORA) Borborema gold project, in Rio Grande do Norte state,…
TNM Drill Down: Treaty Creek gold assays ‘astound’
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 data company Mining…
Top Chinese lithium producers to fund Atlas Lithium project in Brazil
Atlas Lithium (NASDAQ: ATLX) says it’s now fully funded to bring its US$49.5-million Das Neves lithium project in Minas Gerais, Brazil, into production by late next year. The company will…
Ivanhoe Electric to acquire remaining interest in Peru-focused Kaizen Discovery
Ivanhoe Electric (TSX: IE) has inked a definitive deal to acquire the remaining common shares of Peru-focused mineral explorer Kaizen Discovery (TSXV: KZD) that it does not already own, equivalent…
Jack Lundin assumes the top job at Lundin Mining
Lundin Mining (TSX: LUN) announced that former president Jack Lundin has officially assumed the role of CEO and will join the board of the Canadian miner on Jan. 1. The company announced in…
2023’s key theme? Narrowed access to resources — whether mineral or cash
It’s December — time for our year in review. This year was notable for takeovers. Newmont paid US$21.2 billion for copper-rich gold miner Newcrest Mining; Glencore negotiated a US$8.9-billion deal…