Copper at heart of probable Rio bid for Glencore: RBC
Investors are increasingly expecting Rio Tinto (NYSE, LSE, ASX: RIO) to make an all-share offer for Glencore (LSE: GLEN) in a deal driven by the will to control future copper…
Financial Matters, M&A
Orla to start South Railroad gold project build this year
Orla Mining (TSX: OLA; NYSE: ORLA) said it will kick off construction at its South Railroad gold project in Nevada after an updated feasibility study showed costs doubled in three…
Northern Graphite to build $200M Saudi plant
Northern Graphite (TSX-V: NGC; US-OTC: NGPHF) agreed with family-controlled Saudi Arabian conglomerate Al Obeikan Group for Investment to jointly build and run a battery material plant in the kingdom after the Canadian…
Glencore holds merger talks with Rio
Rio Tinto (NYSE, LSE, ASX: RIO) and commodities trading giant Glencore (LSE: GLEN) are holding preliminary talks about combining some or all of their businesses in a deal that could…
First Quantum to sell Spanish mine for $190M
First Quantum Minerals (TSX: FM) agreed to sell the past-producing Cobre Las Cruces copper mine in Spain to an investment fund for up to $190 million (C$260 million) to free…
Chile loads copper cannon with 13 projects for 2026
Thirteen Chilean copper projects worth $14.8 billion (C$20 billion) are expected to hit key milestones in 2026 as prices rise on fears of a global supply squeeze. Seven domestic projects…
Copper tightness, tariffs set up volatile 2026
Analysts warn structural deficits may start in 2026 as copper hits records, demand accelerates and supply struggles to keep up.
Fortescue agrees to buy Alta for $139M in copper push
Australia’s Fortescue (ASX: FMG) agreed to buy all of Peru-focused explorer Alta Copper (TSX: ATCU; US-OTC: DNCUD) in a C$139 million ($101 million) deal that accelerates a pivot into copper…
Li-FT Power agrees Winsome deal to expand in Quebec
Canadian lithium developer Li-FT Power (TSX-V: LIFT) agreed to buy Australia’s Winsome Resources (ASX: WR1) and add a majority stake in an Azimut Exploration (TSXV: AZM) project to boost its…
Westgold to spin out mining assets, launch IPO on ASX
Westgold Resources (ASX, TSX: WGX) plans to spin off its non-core gold exploration assets in the Murchison region of Western Australia into a new company that will be listed on…
Lundin Gold sees higher costs, stable output in Ecuador
Lundin Gold (TSX: LUG; US-OTC: LUGDF) said output at its Fruta del Norte gold mine in southeast Ecuador should remain flat over the next three years while unit costs climb…
Contango Ore agrees $812M deal to buy Dolly Varden
Contango Ore (NYSE-A: CTGO) agreed to buy Canada’s Dolly Varden Silver (TSX-V: DV; NYSE-A: DVS) to create a mid-tier silver and gold producer by adding one of the largest high-grade…