October 11, 2023 Newmont shareholders vote in favor of $16.8bn Newcrest buyout Both the companies expect the deal to close in early November, Newmont said.
October 11, 2023 Liontown extends due diligence for $4.2bn Albemarle buyout Gina Rineheart has been increasing her stake in Liontown Resources in attempt to block the move.
October 11, 2023 China’s copper buyers flex muscles in Codelco contract negotiations Russian copper exports to China and expectations of surpluses have emboldened Chinese buyers to try and dictate how much they will pay Codelco for the industrial metal next year.
October 11, 2023 Miners seek partners for copper assets as M&A heats up A flurry of copper mining deals are being lined up for the next six to 12 months, industry sources told Reuters.
October 11, 2023 Brink’s sues Air Canada after $17 million heist of gold and cash The carrier failed to ensure the shipment marked “valuable cargo” had adequate security and protection, Brink’s alleges.
October 11, 2023 Gold price slump may boost demand from India’s festive shoppers Strong purchases during the October-December festival period, considered an auspicious time to own and wear gold, may underpin the global market.
October 11, 2023 ERG signs deal to sell cobalt to US battery materials producer ERG said it would sell 3,000 metric tons of contained cobalt metal a year to EVelution.
October 11, 2023 Stellantis, Rio Tinto raise bets on Argentina copper mining The fresh funds may give McEwen Copper more breathing space before going public.
October 11, 2023 Australian court backs coal mine expansions in key climate case Australia has seen a slew of legal challenges against projects over their forecast impact on global warming.
October 11, 2023 World’s top miners need more ambition to meet climate targets The Institute for Energy Economics and Financial Analysis examined five miners with goals to become carbon neutral by 2050 — and found varying degrees of purpose in meeting that target.
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