May 12, 2025

Pan American strikes $2.1B deal to buy MAG Silver

Pan American’s offer represents a 21% premium over MAG’s closing price in New York Friday.

May 12, 2025

South32 appoints Anglo American executive Matthew Daley as CEO

Daley will join as deputy chief executive officer early next year.

May 12, 2025

Zijin Mining said to pick banks for gold unit’s Hong Kong listing

State-run company said in April it planned to apply for the spinoff and Hong Kong listing.

May 12, 2025

Rio Tinto to ship Simandou ore in November

Rio Tinto also announced the $399 million sale of a 30% stake in Winu copper-gold project to Sumitomo Metals.

May 11, 2025

Norway’s wealth fund to engage Rio Tinto, South32 over environmental concerns

The council pointed to concerns over the companies' involvement in the Mineração Rio do Norte joint venture, a significant bauxite mine in the Amazon rainforest.

May 10, 2025

First Quantum ‘positive and patient’ about Panama mine restart — BMO

Legal discussions are ongoing regarding First Quantum's release of stockpiled concentrate and the site's power plant restart.

May 9, 2025

US judge halts land exchange for Rio Tinto copper mine opposed by Native Americans

The long-running fight over the Resolution Copper project pits the religious rights of Arizona's San Carlos Apache people against rising demand for copper.

May 9, 2025

Nippon Steel exec headed to Washington next week in push for US Steel deal

The company reportedly seeks to win approval of its $15 billion bid for US Steel.

May 9, 2025

Vedanta copper operation taps South Africa’s RMB to help raise debt

The company has hired Rand Merchant Bank to help raise as much as $1 billion in debt financing.

May 9, 2025

Nippon Steel expects profit to drop 43% this year, US Steel decision by early June

Nippon Steel's $15 billion bid for U.S. Steel, rejected by President Joe Biden, is under review.