North America’s mining sector saw $1.34bn worth of cross border deals in Q1 – report North America’s metals & mining industry saw a rise of 10.50% in cross border deal activity during Q1 2021. MINING.com Editor | May 12, 2021 | 9:52 am
Barksdale acquires Arizona copper projects from Rio Tinto The company has more than doubled its footprint in the largest copper producing US state. MINING.COM Staff Writer | May 12, 2021 | 9:32 am
Battle North Gold owners greenlight $274m Evolution buy "The new Bateman mill will also accelerate our ability to achieve our objective of producing more than 300,000 oz. per year of gold from Red Lake," says Evolution executive chair Jake Klein. MINING.COM Staff Writer | May 12, 2021 | 9:26 am
Gertler mining deals could cost Congo $1.76bn in royalties The US Treasury sanctioned Gertler, accusing him of leveraging his friendship with former president Kabila to secure lucrative mining deals. Reuters | May 12, 2021 | 9:10 am
Newcrest begins decline development at Havieron Pre-Feasibility Study is expected to be released in the second half of 2021. MINING.COM Staff Writer | May 12, 2021 | 8:52 am
Iron ore price hits new high on fears of short supply China will monitor changes in overseas and domestic markets and effectively cope with a fast increase in commodity prices, the state council said. MINING.COM Staff Writer | May 12, 2021 | 8:20 am
Petra Diamonds reaches $6m settlement on human rights abuse claims The miner had been accused of being responsible for widespread human rights violations at the Williamson mine in Tanzania. Cecilia Jamasmie | May 12, 2021 | 7:55 am
Strong demand for diamonds, rough and smooth, boosts Alrosa sales Global demand for precious stones has been recovering from the impact of the covid-19 pandemic since the second half of 2020. Reuters | May 12, 2021 | 7:52 am
Russia should get firms to pay environmental fines from profits, says PM Russian companies normally pay a 20% profit tax, of which 3% goes to the federal budget and 17% to regional ones. Reuters | May 12, 2021 | 7:48 am