M&A: $2.4B Aus coal deal sees Yancoal buy Kestrel mine
Yancoal expands in Queensland with Kestrel buy, boosting scale and premium metallurgical coal output.
Articles by Cecilia Jamasmie
Fujimori leads Peru presidential vote as mining risks rise
Keiko Fujimori led Peru’s presidential vote but fell short of an outright win, setting up a run-off that could reshape the outlook for the country’s critical mining sector. Exit polls…
EU, US near critical minerals pact to counter China’s grip
The European Union and the U.S. are nearing a deal to coordinate critical minerals production and supply chains, aiming to reduce reliance on China. The proposed agreement, reported by Bloomberg…
Peru pulls permit for $1.8B Tia Maria copper mine
Peru has revoked Southern Copper’s (NYSE, LSE: SCCO) permit for its $1.8-billion Tía María project, forcing a fresh review of one of the country’s most contentious copper developments. The Ministry…
Barrick signals deal push amid strategic reset
Barrick Mining (TSX: ABX; NYSE: B) is pivoting back to acquisitions and retreating from higher-risk regions, reversing a decade-long strategy that emphasized expansion across Africa and Asia. Chairman John Thornton…
Argentina OKs Milei glacier mining reform amid protests
Argentina’s Congress approved on Thursday a bill pushed by the country’s right-wing President Javier Milei that opens sensitive high-altitude regions to mining, triggering warnings over water security and environmental risks….
AOMC, Odyssey merge to build $1B deep-sea miner
American Ocean Minerals is merging with Odyssey Marine Exploration (Nasdaq: OMEX) in a reverse takeover that will create a roughly $1 billion market cap deep-sea mining company. The all-stock transaction…
First Quantum taps IFC for Argentina copper push
First Quantum Minerals (TSX: FM) has partnered with the World Bank’s International Finance Corporation (IFC) to align its Taca Taca copper project in Argentina with global sustainability standards. The agreement…
Greenland to block ETM Kvanefjeld rare earth project
Energy Transition Minerals (ASX: ETM) said Tuesday that Greenland intends not to renew the exploration licence for its Kvanefjeld rare earths project. The draft decision deals a fresh blow to…
Panama moves to unlock copper from First Quantum mine
Panama is set to authorize the removal and processing of stockpiled ore at First Quantum’s (TSX: FM) shuttered Cobre Panama copper mine, marking a key step in managing the idled operation….
Ivanhoe stuns market with deep DRC copper output cut
Ivanhoe Mines (TSX: IVN) has slashed near-term production guidance for its flagship Kamoa-Kakula copper complex in the Democratic Republic of Congo, surprising analysts and resetting investor expectations. The company now…
CleanTech pegs Chile lithium project value at $1.37B
CleanTech Lithium (AIM: CTL) has delivered a pre-feasibility study for its Laguna Verde project in Chile outlining a $1.37 billion pre-tax net present value and a 25-year mine life. The…