Is Glencore’s $22B asset shift a prep for Rio merger?
Glencore (LSE: GLEN) has transferred almost $22 billion in foreign assets into its Australian subsidiary in a sweeping global restructuring that could lay the groundwork for a future merger with…
Canada
Fortuna buys 15% of Awalé Resources
Awalé Resources (TSXV: ARIC) has been given a $8.26 million (US$6 million) investment boost from Fortuna Mining (TSX: FVI; NYSE: FSM) to support its exploration activities in Côte d’Ivoire, sending…
Frontier feasibility lifts PAK lithium reserves by 37%
Frontier Lithium (TSXV: FL; US-OTC: LITOF) said a definitive feasibility study for the $943-million capex PAK project in northern Ontario boosted reserves by 37%. The study, which calculates a net present…
CHART: Asian battery makers rule EV metals market
During the first quarter of 2025, a combined $3.01 billion worth of battery metals were contained in the packs of newly sold electric vehicles worldwide, up a modest 1.3% year…
Explorer pulls staff as Flin Flon orders evacuation
Amid a province-wide state of emergency, Flin Flon, Man. has ordered residents and visitors to evacuate as wildfires approach the city while Canadian Gold (TSXV: CGC) has suspended local operations…
Diamond mining industry cracks under pressure
The global diamond industry is rapidly collapsing, with plunging revenues, halted operations, and doubts about its relevance.
OBITUARY: Tech innovator Dengler took Dynatec to global stage
Longtime mining industry executive W. R. “Bob” Dengler, an engineer who built Canadian startup Dynatec into one of the country’s biggest mine contractors and operators, has died. He was 84….
First Majestic boosts Navidad’s gold-silver deposit
First Majestic Silver (TSX, NYSE: AG) expanded the high-grade mineralization of its Navidad deposit in northwestern Mexico as it announced a second gold-silver discovery in a year in the Santo…
Harfang books high grades at Sky Lake gold project
Recent drilling by Harfang Exploration (TSXV: HAR) returned a highlight hit of 2.5 metres grading 35.6 grams gold per tonne from drilling in the Koval zone at its Sky Lake…
Manitoba wildfires threaten Alamos Gold project
Wildfires burning near the northwestern Manitoba town of Lynn Lake have spurred Alamos Gold (TSX, NYSE: AGI) to temporarily pause operations at its nearby project, the company said. Lynn Lake…
Geopolitics to shape mining’s future: TNMG president
Industry stakeholders should view resource development in a global context because shifting geopolitical dynamics will increasingly determine mining, The Northern Miner Group President Anthony Vaccaro says. “We need to look…
Franco-Nevada lands $1B royalty on Iamgold’s Côté
Canada’s Franco-Nevada (TSX, NYSE: FNV) has agreed to acquire a royalty package on the Côté Gold mine in Ontario from a private third party for $1.05 billion in cash. The Toronto-based…