Glencore confirmed it held preliminary discussions with Rio Tinto Group on a possible combination of some of their businesses, including an all-share merger that would create the world’s biggest mining company. There’s no certainty of a deal, Glencore said in its statement, adding that a further announcement will be made as appropriate.
Global investors channelled a record $89-billion into physically-backed gold exchange-traded funds (ETFs) in 2025 as the gold price set new highs and demand for safe-haven assets intensified, pushing assets under management and trading liquidity to unprecedented levels, Goldhub – operated by the World Gold Council – has reported. The surge in investment followed a year in which the gold price broke records 53 times, delivering its strongest yearly performance since 1979. As a result, global gold... Читать дальше...
Nasdaq-listed Critical Metals Corporation has started construction on a multi-use storage and pilot plant facility in Qaqortoq, Greenland, which is a key enabling infrastructure project for the Tanbreez rare earths project, also in Greenland. The construction is being undertaken by a design and build turnkey contractor 60˚ North Greenland and covers all engineering, permitting, logistics, construction and commissioning activity.
Emerging Canadian miner NextSource Materials has received the first shipment of equipment for its inaugural battery anode facility in Abu Dhabi. The equipment delivery marks a significant milestone in advancing the company’s downstream value‑add strategy.
Lundin Gold expects to produce between 475 000 oz/y and 525 000 oz/y of gold from 2026 to 2028 at its Fruta del Norte mine in Ecuador, CEO Jamie Beck told reporters on Wednesday. The projected annual output matches the estimate the company had provided last year for the 2025 to 2027 period.
A workers' strike at Capstone Copper's Mantoverde mine in northern Chile will continue after negotiations between the company and the union failed, the union said on Wednesday. The union in a statement said it expected a lengthy strike and that the mine was almost completely shut down. The concentrator was being fed at 30% capacity with stockpiled inventory that will run out in a couple of days, the statement added.
