January 13, 2025

Barrick Gold says it will be obliged to temporarily suspend operations at Mali mines

The seizure of the gold meant it was no longer covered by Barrick's insurance, the company said.

January 13, 2025

Veteran mining banker teams up with former Anglo American CEO to chase M&A revival

Mining banker Omar Davis is teaming with former Anglo CEO Mark Cutifani to set up a merchant bank hoping to capture the recovery in dealmaking.

January 13, 2025

Barrick Gold recommends shareholders reject mini-tender offer by TRC Capital

The offer was at a below-market price of C$21.35 apiece.

January 13, 2025

Maaden, Bahrain’s Alba end aluminum deal talks

Alba’s stock dropped as much as 10% in Bahrain trading, the most since September 2022.

January 13, 2025

Mali starts seizing gold stocks at Barrick site, company memo says

Barrick's Loulo-Gounkoto site has around four tonnes of gold stocked.

January 11, 2025

Mali to get $1.2 billion from miners after talks

Mali’s military leadership has taken a harsh stance against international miners with an extensive overhaul of the sector in recent years.

January 10, 2025

Copper output from Codelco jumps 17% in November

Cochilco data showed that Codelco production totaled 133,600 metric tons in November.

January 10, 2025

Vedanta Resources gets $300 million loan commitment for debt refinancing

The company is looking to upsize the deal and is in advance discussions with other banks for additional loans of $200 million.

January 10, 2025

Zijin in talks to buy $6.4 billion China lithium miner

Zijin, a global powerhouse in copper and gold, is advancing its push into the lithium sector with the potential acquisition of Zangge Mining.

January 9, 2025

Lundin Gold exceeds guidance with record annual production

Gold production reached a record 502,029 oz. in 2024.