Rio Tinto Amongst Several Majors Bidding for First Quantum Mines Stake
Potential bidders, including the Rio Tinto Group and Saudi Arabia’s Manara Minerals Investment Co., are contemplating acquiring a stake in the Zambian copper mines owned by First Quantum Minerals Ltd. Japanese firms Mitsui & Co. and Sumitomo Corp. are also...
Recent Golden Finds Across the Globe
Despite the prevailing market pressures, gold prices have demonstrated remarkable resilience, maintaining a robust position in the global economy. This strength in gold prices has seen mining companies working harder than ever before to search for new gold deposits, with...
Gold Prices Continue to Rally in the Face of Growing Political Tensions
The value of gold has been soaring in recent days, triggered by fears of increasing tensions in the Middle East after Iran’s unexpected attack on Israel over the weekend. On 15 April, the price of gold increased by up to...
The Survival or Surge of Silver Prices?
Q&A with Peter Krauth, Author, The Great Silver Bull and Newsletter Editor, Silver Stock Investor
Energy Trading Giant Vitol to Re-Enter Metals Trading Sphere
After a considerable break, The Vitol Group has declared its re-entry into the metals trading sphere, looking forward to a promising decade ahead. The company’s CEO, Russell Hardy, made this announcement at the Financial Times Commodities Summit. Hardy referred to...
Is Gold Relevant in the Race for Critical Minerals?
The global mining industry has undergone several significant transformations in recent years as it strives to respond to the shifting expectations of investors, consumers, and the wider society regarding its ability to contribute to positive social and environmental outcomes. On...
Anglo American’s Drive for Decarbonization
Barry Jackson, Director of Climate Change Lead, Anglo American
Rio Tinto Promotes Bold Baatar to Chief Commercial Officer
Rio Tinto has promoted Bold Baatar, it’s chief copper executive, to the position of chief commercial officer, the move being a clear signal that the company regards Baatar as a strong contender for a top leadership role. Bold Baatar said:...
Gold Rush: Assessing the Current Macro Outlook and Investment Prospects for Gold
Jeff Clark Founder, Paydirt Prospector It glistened like only real gold can, that shiny nugget in the bottom of the pan, stirring the prospector in Jeff’s late father. And that love for gold and silver—or rather, discovering gold and silver—quickly...
IAMGOLD’s Côté Gold Mine Celebrates First Gold Pour
The Côté gold mine, situated 125km southwest of Timmins, Ontario, has achieved a significant milestone by pouring its inaugural bullion. Owned 70% by IAMGOLD (TSX: IMG | NYSE: IAG) and operated in collaboration with Sumitomo Metals Mining (30% ownership), the...
Vale to Acquire 45% stake in Alianca Energia for US$540.9M
Brazilian mega-mining company, Vale (NYSE: VALE) is set to acquire a 45% stake in Alianca Energia from Cemig GT, a subsidiary of energy firm Cemig, for a sum of US$540.9M. This strategic move would grant Vale full ownership of Alianca...
US Grants US$6B to Decarbonize Heavy Industrial Projects
The US Department of Energy has announced that US$6B in federal funding will subsidize 33 industrial projects in 20 states to cut carbon emissions and promote stable employment, boosting US competitiveness, according to Reuters. Energy secretary, Jennifer Granholm, is set...
