BofA, RBC top mining M&A adviser rankings
Bank of America and RBC Capital Markets were the top mergers and acquisitions (M&A) financial advisers in the metals and mining sector during the first half 2024, GlobalData says in…
United States
Vale to develop low-carbon iron in Brazil, US and Middle East within a year
Three projects were already announced for Oman, Saudi Arabia, and the United Arab Emirates.
Lifezone produces metal from Kabanga samples in successful ‘Hydromet’ test
Lifezone Metals (NYSE: LZM) has produced nickel, copper and cobalt cathode materials from concentrates derived from borehole core samples at the company’s Kabanga project in northwest Tanzania. This milestone marks…
USGS issues first earthquake risk study on commodities
Scientists with the United States Geographical Survey, a government research agency, have developed a new scientific assessment of how earthquakes threaten worldwide mineral commodity supplies. The methodology was developed…
Zambia, US, and Canada slowest for mine development: S&P Global
According to a new report by S&P Global, the United States has the second-longest lead times in the world for developing a new mine. Mines in the U.S. go from…
Arizona Sonoran expands Cactus copper resource
Arizona Sonoran (TSX: ASCU; US-OTC: ASCUF) increased its measured and indicated resource tonnage for the Cactus copper project in Arizona by more than a quarter after a seven-month drilling program. …
Fortescue cuts 700 jobs, slows down green hydrogen plans
Fortescue (ASX: FMG) plans to cut about 700 jobs, or 4.5% of its global workforce, as part of a new restructuring push that will see the Australian iron ore miner scale…
Rio Tinto names Shell’s Katie Jackson as new copper chief
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has appointed Katie Jackson, a former Shell executive, as the new head of the company’s copper division, based in London, U.K. Jackson,…
Seabed mining body meets amid rising pressure for code
The International Seabed Authority (ISA) kicked off on Monday a two-week meeting expected to be pivotal as the UN body works on the world’s initial regulations for the mining activity,…
Friedland warns of copper ‘crisis’ as mine costs soar
Boca Raton, Fla. – Miners and analysts gathered this week in a sweaty beach city in southeast Florida to ponder why the industry gets the cold shoulder from most investors. Copper…
RANKED: The world’s top 10 gold miners
Gold has re-emerged as one of the top asset classes of 2024, having risen by 12% year to date and shattered multiple records along the way. It is now well…
Sibanye-Stillwater says mining ops still running as it faces cyberattack
Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) has confirmed reports of an ongoing cyberattack that has disrupted its IT systems globally. In a statement Thursday, the South African miner said it took…