Lundin biding time to complete mining portfolio with more deals
The company recently offered as much as $262.5 million to buy a stake in Freeport-McMoRan Inc.’s Timok copper and gold project in Serbia.
Latest Stories
Africa gold producers wary despite price rebound
A steep rise in gold prices may have given hope to a battered mining industry, but producers in Africa are still too wary to call the bad times over.
Big shot in the arm for Zambia
Glencore's $1.1 billion investment in Mopani marks a turnaround for Zambia’s copper sector and will help lift economic growth to 5% by 2018.
Jack Chan sees new major buy signal for gold but is patient
Technical analyst Jack Chan has examined the charts and says the gold sector is on a new major buy signal, which could signal a new bull market, but he is patiently waiting for confirmation.
Canada unveils final anti-corruption law for the extractive sector
Estimated to cover the nearly 2,000 natural resource companies whose businesses are registered in Canada or trade on Toronto’s stock exchange.
Alberta shuts oil sands environmental monitoring agency
After report concluded the program was a “failed experiment.”
Workers at Freeport’s copper mine in Peru to down tools
About $22 billion worth of projects have been cancelled or delayed in Peru in recent years due mainly to anti-mining protests.
Illegal mining in Congo wiping out gorilla populations
Fewer than 3,800 Grauer gorillas still live in the wild, down from 17,000 in 1998 due mainly to illegal mining for coltan and other minerals, a report shows.
China’s coming for your copper project
Faced with declining domestic production, China's top copper company says the "only solution is going overseas".
