Serra Verde signs $565M US deal for rare earths mine
Latin America’s sole rare earths miner Serra Verde has closed a $565-million funding package with the United States that could carve out a minority equity stake for Washington. The deal…
M&A
Glencore to sell 40% stake in DRC mines to US group
Glencore (LSE: GLEN) has entered a non-binding deal for the potential sale of a 40% stake in its mine assets in the Democratic Republic of Congo to the Orion Critical…
Eldorado buys Foran for $2.8B in copper push
Eldorado Gold (TSX: ELD; NYSE: EGO) has agreed to buy fellow Canadian miner Foran Mining (TSX: FOM; US-OTC: FMCXF) in a transaction that values the copper-focused developer at about $3.8…
Copper is key at Rio-Glencore deadline
With the time limit for a Rio Tinto (NYSE, LSE, ASX: RIO) bid to acquire Glencore (LSE: GLEN) expiring this Thursday, The Northern Miner offers another look at how the…
Glencore’s copper drops 11% as Rio takeover looms
Glencore’s (LSE: GLEN) copper production fell 11% in 2025, hitting the low end of guidance as weaker ore grades and operational constraints weighed on output, amid intensified investor attention on…
AME: Faster, deeper discoveries needed, Anglo exec says
Anglo American’s (LSE: AAL) chief technical officer Tom McCulley used his first appearance at the Association for Mineral Exploration (AME) Roundup to deliver a clear message to the industry: the…
Agnico sells Swedish mine stake to Goldsky for $166M
Canada’s Agnico Eagle Mines (TSX, NYSE: AEM) said on Wednesday it will sell its 55% interest in the Barsele gold project in northern Sweden, exiting direct ownership while retaining a…
Copper rally lifts 2026 earnings view for miners: report
Rising spot metal prices are setting up one of the strongest earnings years in recent memory for diversified miners, with Rio Tinto (ASX: RIO, LSE: RIO) and Glencore (LSE: GLEN)…
Hecla to sell Quebec mine to Orezone, focus on silver
Hecla Mining (NYSE: HL) agreed to sell its Casa Berardi gold mine in Quebec and a clutch of nearby exploration properties to Orezone Gold (TSX: ORE; US-OTC: ORZCF) for up to…
Equinox closes $1B Brazil mines sale to China’s CMOC
Equinox Gold (TSX, NYSE-A: EQX) has closed the sale of its Brazilian operations to a subsidiary of China’s CMOC Group for up to $1 billion (C$1.4 billion). The transaction covers…
USA Rare Earth to raise $3.1B as US takes 10% stake
The United States government is acquiring 10% of USA Rare Earth (Nasdaq: USAR) – its fourth equity stake in a miner since last July – as part of about $1.6-billion…
Zijin agrees to buy Canada’s Allied Gold for $4B in cash
Zijin Gold agreed Monday to buy Canada’s Allied Gold (TSX, NYSE: AAUC) in a friendly all-cash transaction valued at about $5.5 billion (US$4 billion) as the Chinese miner ramps up…