McKinsey’s Roland Rechtsteiner on the energy transition and commodities markets
Commodities markets have seen rapid growth over recent years, attracting new players and creating new opportunities for a transitioning energy …
Snow Lake intends to acquire Black Lake Uranium Project in Canada
Snow Lake Energy has signed a binding letter of intent (LOI) with the shareholders of Global Uranium Acquisition (Global) to …
EnviroGold to build tailings processing demo plant in Brisbane
Canadian technology company EnviroGold Global has unveiled its plan to build a demonstration plant to process metals from mine waste …
Anglo American turns down BHP’s $38.8bn buyout bid
British multinational mining company Anglo American’s Board has dismissed BHP Group’s $38.8bn (£31.02bn) takeover proposal, stating that it significantly undervalues …
Victory Battery Metals divests BC property
Canada Victory Battery Metals has offloaded its Tahlo Lake property in British Columbia (BC) to Trimera Metals, a private company …
Nine Mile Metals exercises option to acquire three Canada projects
Canada’s Nine Mile Metals has announced the early exercise of its option to acquire full ownership of three significant mineral …
“A bumpy ride” for cybersecurity as AI poses new threats – GlobalData report
AI-led attacks mean that the cybersecurity sector is in for “a bumpy ride for the next two to three years”, …
Newmont Q1 profit drops even as revenues rise on higher production
Gold mining giant Newmont has reported net income attributable to its stockholders of $170m in Q1 2024, a 51.5% decline …
ASM secures EDC support for Dubbo rare earths project
Australian Strategic Materials (ASM) has obtained a non-binding and conditional letter of interest (LOI) from Export Development Canada (EDC), Canada’s …
The five largest nickel mines in operation in Russia
There are more than 194 nickel mines in operation globally, of which 8 are in Russia, according to GlobalData's mines …
IonicRE announces placement to fund magnet recycling tech
Australian Securities Exchange (ASX)-listed Ionic Rare Earths (IonicRE) has secured firm commitments from key existing shareholders for a placement to …
ATHA grants Inspiration option for stake in two Canadian properties
Canadian mineral company ATHA Energy has reached an agreement with Inspiration Energy, granting the latter an exclusive option to acquire …
Lundin to acquire gold stream from Newmont in $330m deal
Canada’s Lundin Gold has reached a deal with Newmont to buy out the remaining stream credit facility and offtake agreement …
UK court case launched over Brazil Iron mining project
More than 100 residents of a traditional Quilombola community in Bahia, Brazil, have launched a legal case in the UK …
Brazil’s Vale registers 9% drop in Q1 profit
Brazilian mining company Vale has reported net income attributable to shareholders of $1.67bn in the first quarter of 2024 (Q1 …