September 7, 2018 Mining exploration spending in Australia jumps to 5-year high Drilling at new projects up 57% as spending on gold exploration reaches 21-year high.
September 7, 2018 Lundin gives up on Nevsun after Zijin’s $1.41 billion offer Toronto-based miner said it doesn’t intend to amend any of the terms of its bid for Nevsun, but noted it would continue to pursue strategic growth opportunities.
September 6, 2018 China’s Western Mining to launch Qinghai copper smelter next month -chairman Qinghai, which involved investment of 2.4-2.5 billion yuan, is undergoing test production and output will ramp up gradually after commercial launch.
September 6, 2018 China’s CITIC to be Ivanhoe Mine’s top shareholder in $548m-deal Transaction, which gives CITIC a 20% stake in the Canadian miner, has received all necessary approvals and it’s expected to close on Sep. 19
September 5, 2018 Zambia to trim budget gap; May be considering higher mine taxes The Finance Ministry is targeting a budget shortfall of 6.5 percent of gross domestic product next year, compared to 7.4 percent this year.
September 5, 2018 Copper deal day hits with a flurry of M&A for the hottest metal “Everyone loves copper and everyone wants to buy it” has been this year’s mining mantra. Today the ball started rolling.
September 5, 2018 World’s biggest miner speeds hunt for copper assets, buys stake in SolGold BHP will gain access to SolGold's Cascabel project, in northern Ecuador, believed to have the potential to become one of the largest copper-gold assets ever discovered.
September 5, 2018 China’s Zijin to buy Nevsun for $1.41bn after Lundin takeover rejected The Chinese gold and base metals producer will give Nevsun Cdn$6 per share in cash, trumping Lundin’s C$4.75 a share bid launched in July.
September 4, 2018 Copper price takes another beating Chinese manufacturing gauge drops to 14-month low.
Paulson lifts stake in International Tower Hill with Alaska gold project The Vancouver-based company raised $118 million including $74.8 million in its offering of common shares at $2.22 in the US. January 31, 2026 | 06:45 am
