Glencore unit pleads guilty to bribery in Africa
A British subsidiary of Glencore (LSE: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the U.K. Serious Fraud…
Africa
Miners must invest in critical minerals or risk energy transition
The world’s biggest miners need to aggressively invest in critical metals or will hold back the global energy transition away from fossil fuels, a new report shows. According to PwC’s 19th…
Multi-stakeholder collaboration needed to rise to meet the battery metal boom
For investors and companies involved in the extraction industries, it has been impossible to ignore the meteoric rise of battery materials in recent years. Over the course of 2021, cobalt…
Base and Battery metals Snapshot: Eight companies to watch
As the world continues to electrify and concerns escalate around the supply of raw materials, including copper, zinc, lithium, and PGMs, required for the transition away from fossil fuels, base…
Anglo American takes on an industry-first sustainability-linked loan
Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining industry’s first known sustainability-linked financing…
Montage expands landholding in Côte d’Ivoire with $30M deal for Barrick-Endeavour JV project
Montage Gold (TSXV: MAU; OTC: MAUTF) has entered into an agreement with Barrick Gold (TSX: ABX; NYSE: ABX) and Endeavour Mining (TSX: EDV; LSE: EDV) to acquire a 100% interest…
Alphamin boosts inferred tin resource at Mpama South by 46%
Tin producer Alphamin Resources (TSXV: AFM; US-OTC: AMFJF) has released an updated resource estimate for the Mpama South tin project in the Democratic Republic of Congo, highlighting a 46% increase…
Asante Gold starts Bibiani mine processing plant
Canada’s Asante Gold (TSXV: ASE; US-OTC: ASGOF) has begun operations of the processing plant and associated equipment at its Bibiani gold mine in Ghana. The gold exploration and development company plans to…
Global Exploration Snapshot: Eight companies hunting for precious metals, uranium and more
As known resources are depleted and projected demand for key minerals increases, finding the next new deposits has become more urgent. Here are eight exploration companies that are focused on…
Gold Fields to become world’s No. 4 gold miner with US$6.7B Yamana Gold buy
South African miner Gold Fields (NYSE: GFI; JSE: GFI) is buying Canada’s Yamana Gold (TSX: YRI; NYSE: AUY) in an all-share deal worth US$6.7 billion, which will make it the…
B2Gold to buy Aussie junior Oklo Resources
Canada’s B2Gold (TSX, NYSE: BTO) is buying Australian explorer Oklo Resources (ASX: OKU) in a deal valued at A$90 million (US$64 million) or 17.25¢ per share, representing a 127% premium on…
Glencore charged with bribery in London, pleads guilty in the US
Mining and commodities trader Glencore (LSE: GLEN) has settled probes into bribery and market manipulation in the U.K. and U.S. that have hung over the company for years. The company,…