Dundee in talks to acquire Adriatic Metals for $935M
Under UK takeover rules, Dundee Precious Metals has until June 17 to make a formal offer for the UK-based miner or walk away.
Latest Stories
Earthquake forces temporary shutdown of Ivanhoe’s underground mine in DRC
Ivanhoe Mines' stock sank nearly 9% in the morning session on the news.
US-led peace talks could boost Rwandan processing of Congo minerals
Congo, the UN, the US have accused Rwanda of exploiting Congolese minerals.
Sandvik targets annual savings of $103 million
Sandvik will divide its Manufacturing and Machining Solutions business into two separate areas.
Column: Bearish funds flee turbulent copper and turn to aluminum
The prospect of US import tariffs on copper has been a bonanza for physical metal traders, but the resulting price turbulence has been a big headache for fund managers.
Dundee’s gold project in Ecuador wins local backing
The next phase for the Loma Larga project is securing the environmental license to allow construction to start by year-end.
Simformotion unveils new Fletcher simulator for training in underground mines
Set in an underground mining environment, the state-of-the-art high reach scaler simulator creates a realistic environment for operators.
Nippon Steel boosts investment for proposed US Steel deal
Nippon is now offering to build a new steel mill, save existing steelworker jobs and potentially add many more unionized roles.
Alberta Energy Regulator approves Gina Rinehart-backed Grassy Mountain coal project
The mine, originally closed in 1983, has the capacity to produce 4.5 million tonnes of steelmaking coal annually and spans 2,800 hectares.
