Zijin becomes world’s No. 3 miner on $100B valuation
China’s Zijin Mining Group (HKG: 2899) has climbed past the $100 billion threshold in market capitalization for the first time, propelling it into the No. 3 spot globally, overtaking Glencore…
M&A, Financing and Restructuring
JV Video: Dolly Varden’s best drill hit yet
Dolly Varden Silver (TSX-V: DV; NYSE-A: DVS) is sharpening its focus on the Wolf vein at the Kitsault Valley project in northwest British Columbia’s Golden Triangle after bulking up its…
Angola joins race for De Beers slice
Angola’s state diamond company Endiama has formally submitted a bid for a minority stake in De Beers, intensifying the scramble for influence over the world’s largest diamond producer as Anglo American…
Mining Forum Americas: Taiwan war could reshape metals – fast
Colorado Springs, Colo. – The “Trumponomics” playbook – 10% base tariffs, a weak-dollar tilt and rising great-power risk – points to more gold upside and a messy reroute of mining…
Video: Kodiak eyes complete MPD resource by year-end
Kodiak Copper (TSXV: KDK; US-OTC: KDKCF) aims to complete a full maiden resource at its MPD copper-gold project in southern British Columbia next quarter after publishing the first tranche in…
Appian secures $150M loan for Namibia mine expansion
Appian Capital Advisory has secured a $150 million debt facility from Standard Bank to complete the expansion of its majority-owned Rosh Pinah zinc mine (RPZ) in southern Namibia. The financing…
La Caisse enters Aus renewables with $1.1B deal
La Caisse, Canada’s largest provincial pension fund, is acquiring Australian renewables developer Edify Energy for $1.1 billion (US$725 million), securing a foothold in a market it has long sought to…
Mining Forum Americas: Former Barrick CEO elevates Fourmile in Nevada plan
Colorado Springs, Colo. – Barrick Mining (TSX: ABX; NYSE: B) says its new Fourmile project in Nevada can be developed without new processing plants and fits within the company’s capital-returns…
Mining Forum Americas: Gold majors vow discipline
Colorado Springs , Colo. – A year of record bullion prices has the gold sector talking less about buying ounces in takeovers and more about finding them in their midst….
Anglo American to cut hundreds of coal jobs
Anglo American (LSE: AAL) will shed more than 200 jobs from its Queensland coal division as weak prices and high state royalties hit profits. The company confirmed the cuts would…
Anglo, Codelco seal pact to mine $5B in Chilean copper
Anglo American (LSE: AAL) Chile’s state-owned copper miner Codelco have sealed a landmark deal to jointly operate their neighbouring mines in central Chile, unlocking at least $5 billion in value….
Newmont sells Coffee gold project for $150M
Newmont (NYSE: NEM) has agreed to sell its Coffee gold project in Yukon to Fuerte Metals (TSXV: FMT) for up to $150 million (C$207 million), completing a year-long divestment plan….