CHARTS: Mining M&A surges as Canada deal values hit post-2009 high
Mining companies are rushing into mergers and acquisitions (M&A) as a core growth strategy, a shift that is helping drive Canada’s deal market to its highest level in more than…
Iron Ore
Vale says rains overflow Brazil mine pit
Vale (NYSE: VALE) said sediment-laden water overflowed from a pit at the Fábrica iron ore mine in Brazil’s Minas Gerais State early Sunday morning. No injuries occurred and the incident…
Pope Leo XIV urges ethical mining in Vatican talks
Pope Leo XIV met senior mining and energy executives at the Vatican on Saturday to press for more ethical approaches to resource extraction, signalling a shift in tone between the…
YMP funds $250,000 to mining students
Andrea Ferriss is studying for a BSc (Hons) Geology at the University of Alberta to champion sustainable resource development as a priority for the industry. “I’ve chosen a career in…
Ivanhoe Atlantic pivots to US IPO after rail deal win
Ivanhoe Atlantic is weighing an initial public offering in the United States later this year after securing long-awaited approval to use a key rail corridor to export iron ore from…
ERG earmarks $1B for Kazakhstan operations
Eurasian Resources Group (ERG) plans to invest more than $1 billion in its mining and metallurgical assets in Kazakhstan, the largest investment in ERG’s projects in the Central Asian country…
Rio Tinto copper output rises as merger talks loom
Rio Tinto’s (ASX, NYSE, LSE: RIO) copper production rose 5% in the fourth quarter as a surge from Mongolia’s Oyu Tolgoi underground expansion more than offset weaker output at Chile’s…
Venezuela aluminum restart may cost $2.3B: WoodMac
Reviving Venezuela’s idle aluminum industry would require up to $2.3 billion in investment but could help ease a widening supply gap in the Americas, according to a new report from…
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…
Latin America grabs most M&A: McKinsey
Global mining mergers and acquisitions hit about $30 billion in the first three quarters of 2025, with 74% of deal value flowing to Latin America as investors retreat from higher-risk…
DRC revives $29B iron plan once tied to Gertler
The Democratic Republic of Congo (DRC) wants to develop a $29-billion (C$40.1 billion) iron ore export plan in the country’s north linked at one time to U.S.-sanctioned Israeli billionaire Dan…
Ontario speeds up Canada Nickel’s Crawford project
Ontario has named Canada Nickel’s (TSXV: CNC; US-OTC: CNIKF) polymetallic Crawford project as the second to be advanced under its One Project, One Process (1P1P) permit fast track framework. Shares…