China’s Yintai Gold to buy Osino Resources for $272 million
The deal also will help Osino fast-track development of the wholly owned Twin Hills gold project in central Namibia.
Latest Stories
Alcoa bids $2.2 billion for Australian partner to control assets
Alumina owns about 40% of of Alcoa World Alumina & Chemicals, the world’s largest producer of the metal.
Column: Metallurgical coal is the commodity world’s quiet performer
The fuel used in steelmaking has quietly been a top performer in the energy commodity space in recent months.
Indian steel mills seek iron ore export ban as China sales jump
Indian exports jumped 170% to 44 million tons last year — most of which went to China.
Global uranium production to increase 11.7% in 2024 — report
The production rise will predominantly come from key producers Kazakhstan and Canada, says GlobalData.
Feds must force pensions to fund Canadian mining, Lassonde, Giustra say
Research shows that Canada’s eight largest pension funds hold some $2.1 trillion in assets but only a quarter was invested in the country.
What to expect in 2024 after diamond sector’s price plunge
Going into 2024, it is likely that miners will release into the market at least some excess stock they hold on any sign of a demand recovery.
Mexico nationalizes salt producer ESSA, buys Mitsubishi’s stake
ESSA owns the world’s largest salt mine and is one of the biggest producers of salt in Latin America.
Consultation starts in Guatemala over future of Pan American Silver’s Escobal mine
Operations were halted in 2017 when a claim brought by a human rights group alleged local Indigenous people’s right of consultation were violated in advance of granting the mining license.
