-
Glencore's Restructuring Sets Stage For Mining Mega-Merger
Friday, May 30, 2025 - 8:55am | 526Read More...Glencore (OTCPK: GLCNF) has shifted nearly $22 billion in foreign assets into its Australian subsidiary, Glencore Investment Pty Ltd, effectively doubling its holdings to $42 billion. With this move, management consolidated key assets, including coal mines in Canada, South Africa, and Colombia; the...
-
World's Largest Platinum Miner Debuts Into Tight Supply, Soaring Prices
Wednesday, May 28, 2025 - 4:29pm | 553Read More...Valterra Platinum (OTCPK: AGPPF) made its trading debut on the Johannesburg Stock Exchange today, officially separating from Anglo American (OTCQX:AAUKF). The company, formerly Anglo American Platinum, is now a standalone entity and the world's largest platinum miner by value. "Part of our DNA is...
-
Supreme Court Rejects Appeal, Allows Rio Tinto Mine To Proceed On Tonto Forest Sacred Land
Wednesday, May 28, 2025 - 7:14am | 543Read More...The U.S. Supreme Court on Tuesday rejected an appeal by Apache Stronghold to block the Resolution Copper mine project in Arizona. The decision allows federal authorities to hand over Oak Flat, a sacred site to the San Carlos Apache tribe, to mining firms Rio Tinto (NYSE:RIO) and BHP (NYSE:BHP). The...
-
Gold Demand Holds Firm As Dollar Confidence Wavers
Tuesday, May 27, 2025 - 9:15am | 723Read More...The recent slide of the U.S. dollar has reignited investor interest in gold. Tailwinds for the yellow metal have been twofold, from geopolitical uncertainty and concerns over the long-term sustainability of American fiscal policy. The latest blow to dollar confidence came from Moody's downgrade, as...
-
DR Congo To Finalize Minerals Deal With Washington in June
Monday, May 26, 2025 - 11:46am | 485Read More...The Democratic Republic of Congo (DRC) is preparing to finalize a minerals deal with the United States by the end of June. The initiative could combine a U.S.-backed peace agreement with Rwanda with expanded access for American companies to Congo's vast deposits of lithium, cobalt, and coltan—...
-
Gold, Copper Drive Canadian Mining As Industry Pushes For Reforms
Friday, May 23, 2025 - 8:03am | 644Read More...The Mining Association of Canada (MAC) released a comprehensive report evaluating the sector's role in the country's economy and providing an outlook. The report, titled The Mining Story—Canadian Mining Industry Facts and Figures, sets the total value of mineral production at C$71.9 billion ($52...
-
Can Rio Tinto Crack Chile's Lithium Code? $900 Million Bet On Breakthrough Extraction
Thursday, May 22, 2025 - 10:15am | 602Read More...Diversified global miner Rio Tinto (NYSE:RIO) is doubling down on direct lithium extraction (DLE) technology, with its investment in Chile’s Maricunga project. In partnership with Chile's state-owned Codelco, Rio Tinto is expected to invest up to $900 million into the lithium-rich salt flat,...
-
Dundee Precious Metals Eyes Adriatic Metals For $935 Million, No Formal Offer Yet
Thursday, May 22, 2025 - 8:02am | 528Read More...Canadian miner Dundee Precious Metals (OTCPK: DPMLF) confirmed that it is in discussions to acquire UK-based Adriatic Metals (OTC:ADMFL), following market rumors. Dundee confirmed the speculations, although noting that "there can be no certainty that any offer will be made, nor as to the terms on...
-
Rio Tinto Expands Lithium Push With $900 Million Maricunga Deal
Tuesday, May 20, 2025 - 6:54am | 607Read More...Diversified global miner Rio Tinto (NYSE:RIO) has made the next significant step into battery metals, committing $900 million for a 49.99% stake in Chile's Salar de Maricunga, a world-class lithium project controlled by the Chilean state-owned miner Codelco. "We are honoured to be chosen as Codelco...
-
Trump's UAE Deal Lands $4 Billion Aluminum Hub In Oklahoma
Monday, May 19, 2025 - 10:46am | 501Read More...Emirates Global Aluminium (EGA) has announced a plan to build a $4 billion primary aluminum plant in Oklahoma. The project is part of the investment commitments from the United Arab Emirates brokered by President Donald Trump during the U.S.-Saudi Investment Forum 2025. The Oklahoma facility will...
-
US And Saudi Forge Rare Earth Alliance, But Are We Trading One Dependency For Another?
Thursday, May 15, 2025 - 9:28am | 566Read More...Saudi Arabian Mining Company (Ma'aden) has signed a memorandum of understanding with MP Materials (NYSE:MP) to develop an integrated rare earth supply chain in Saudi Arabia. The agreement, signed on the sidelines of the U.S.-Saudi Investment Forum 2025 in Riyadh, reflects both governments'...
-
Short-Term Excess Cobalt Supply Masks Long-Term Trend, Study Says
Wednesday, May 14, 2025 - 7:00am | 637Read More...The latest study from the Cobalt Institute shows that the global demand for cobalt exceeded 200,000 tons for the first time in 2024, marking a 14% annual increase. However, it was the third consecutive year in which supply additions outpaced demand growth, resulting in a market surplus of 36,000...
-
Velvet-Wood Mine First To Use DOI's Fast-Track Permit Process
Tuesday, May 13, 2025 - 9:28am | 542Read More...The U.S. Department of the Interior (DOI) will fast-track the environmental review of Anfield Energy's (OTCQB:ANLDF) Velvet-Wood uranium and vanadium mine in Utah, completing the process in only 14 days under newly activated emergency authority. This review is significantly faster than the typical...
-
Judge Halts Arizona Land Transfer To Rio Tinto Citing Native Appeal
Monday, May 12, 2025 - 6:57am | 552Read More...U.S. District Judge Steven Logan has temporarily blocked the controversial transfer of federal land in Arizona to mining firms Rio Tinto (NYSE:RIO) and BHP (NYSE:BHP). Logan cited the need for the U.S. Supreme Court to deliberate on an appeal filed by Native American groups opposing the project....
-
Barrick's World-Class Mining Project Proceeds As Planned, 'Building Not Only Buying' CEO Says
Thursday, May 8, 2025 - 8:57am | 540Read More...The top gold producer, Barrick Mining (NYSE:GOLD), is rapidly advancing its flagship Reko Diq copper-gold project in Pakistan. While discussing Q1 earnings, CEO Mark Bristow noted the project’s positive momentum and strategic significance as a cornerstone asset for Barrick's future copper...















