India’s NMDC to extract diamonds worth $3.4m from mine near tiger reserve
Indian state-run miner NMDC is set to extract 6,500 carats of diamonds, valued at $3.4m (Rs294.13m), this fiscal year from…
21 Jan 2025
McCarthy Tetrault, Cassels Brock top legal advisers in 2024 metals and mining sector
McCarthy Tetrault emerged as the leading legal adviser in the metals and mining sector for mergers and acquisitions (M&A) in 2024 by value, while Cassels Brock & Blackwell topped the…
21 Jan 2025
Goldman Sachs and Macquarie top M&A financial advisers in metals and mining sector in 2024
Goldman Sachs and Macquarie have emerged as the top mergers and acquisitions (M&A) financial advisers in the metals and mining sector for 2024, in terms of value and volume, respectively,…
21 Jan 2025
BHP’s iron ore, copper production increases due to efficiency improvements
BHP has reported a rise in both iron ore and copper production for the December quarter last year, driven by enhancements at its key mining operations. The miner noted a…
21 Jan 2025
National Critical Mineral Mission to boost India’s mineral production
India is set to launch the National Critical Mineral Mission (CMM) to enhance domestic production, reduce import dependence and encourage offshore mining auctions. Union Minister G Kishan Reddy announced the…
21 Jan 2025
Barrick’s Reko Diq mine in Pakistan to generate $74bn over 37 years
The Reko Diq mine is expected to produce $74bn in free cash flow over the next 37 years, according to Barrick Gold CEO Mark Bristow. Barrick Gold holds a 50%…
21 Jan 2025
Glencore expresses openness to value-accretive M&A deals
Miner and commodity trader Glencore has announced its openness to mergers and acquisitions (M&A) that create value for shareholders. A Glencore spokesperson stated: “As we have always said, M&A is…