Zijin to buy Canada’s Allied Gold for $4B cash
A takeover premium, African assets and soaring gold prices highlight how miners are chasing scale as consolidation accelerates.
Latest Stories
Vale mine overflow sends water into competitor’s site
Company said it is investigating an overflow of water with sediment in a pit at the Fabrica mine.
Finning says labor pact reached to end blockade of road to Chile’s Escondida, Zaldivar mines
Members of Union No. 2 at Finning had been on strike since the beginning of the month.
Trump administration to acquire 10% of USA Rare Earth in $1.6B deal
Reuters said the US government plans to make a separate $1 billion private investment, and both deals will be unveiled on Monday.
Column: Nickel market plays Indonesia’s numbers game
Nickel prices have been on an explosive rally as the market bets that Indonesia, the world's largest producer, will hit the brakes on its runaway output growth.
Novagold’s Donlin costs, net value jump in update
Donlin’s net present value is now projected to be $5.1 billion, up from the $3 billion previously.
Union at Chile’s Mantoverde mine says company avoiding talks to end strike
Workers have been on strike at the mine since January 2 after talks over new labour contracts broke down.
Barrick’s North America spin-off hinges on Newmont’s approval
Newmont has the first right of refusal if Barrick tries to sell its stake in Nevada Gold Mines.
Mining stocks on cusp of supercycle as AI boom stokes metals
With a nearly 90% gain since the start of 2025, MSCI’s Metals and Mining Index has beaten semiconductors, global banks and the Magnificent Seven.