Mining deal value down over $18bn due to pandemic
GlobalData says mergers and acquisitions, despite a decent first quarter owing to deals involving gold, fell by 51.6% during the first half of 2020.
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Zinc price to enter long term structural decline in 2021 – report
Fitch predicts prices will rise to around $2,600/tonne by the end of the year.
Definitive feasibility study for Kakula confirms giant mine
Latest studies on Ivanhoe and Zijin’s Kamoa-Kakula project in the DRC show the asset could become the world’s second largest copper mine.
Bullfrog acquires Nevada land package from Barrick
Barrick will own 15.9% and Augusta will own 31.9% of Bullfrog's shares outstanding after closing of the transaction.
Zimbabwe bans mining in wildlife parks
Conservationists accused two Chinese companies of exploring for coal in the biggest national park, Hwange.
Helium is soaring on red-hot demand, shrinking supply
Like gold, helium is an important but finite resource, and new large helium deposits are becoming fewer and farther between.
Copper price drops despite 65% surge in China imports
Copper price dips below $3.00 as Shanghai–London arbitrage window shuts.
Solaris signs IBA for Warintza in Ecuador
Company has signed an Impacts and Benefits Agreement with the Shuar communities of Warints and Yawi, its indigenous partners, for the copper project.
ABB works with Anglo American on process automation
Company has provided automation expertise and software solutions, licensing and training for Anglo American Technical Solutions in Johannesburg.