Brazilian miner Vale said in a filing on Wednesday it had signed a contract to buy a 45% stake in Alianca Energia from Cemig GT, a subsidiary of energy firm Cemig, for 2.7 billion reais ($540.9 million).

Wednesday, March 27, 2024 - 23:00:18

Visit: 60

Ganfeng Lithium said on Tuesday it plans to buy a stake of at least 14.8% in a subsidiary of Lithium Americas Argentina Corp, as China’s leading lithium producer ramps up its efforts to secure resources.

Tuesday, March 5, 2024 - 00:33:11

Visit: 67

US investment firm BlackRock has reduced its stake in precious metals producer Polymetal International to 7.45% from 9.91%, the gold and silver miner said on Friday.

Friday, March 1, 2024 - 22:42:39

Visit: 76

Indonesia’s mining industry holding company, MIND ID, agreed on Monday to acquire a 14% stake in Vale Indonesia from Vale Canada and Japan’s Sumitomo Metal Mining, to become the top shareholder at one of the country’s largest nickel miners.

Monday, February 26, 2024 - 19:20:20

Visit: 44

US miner Piedmont Lithium said on Wednesday it would sell its remaining shares in Australian miner Sayona Mining for about A$59.9 million ($39.28 million).

Wednesday, February 21, 2024 - 01:59:22

Visit: 88

India’s JSW Steel Ltd is in talks with Australian miner Whitehaven Coal for a stake in its Blackwater metallurgical coal mine, a source aware of the discussions said on Tuesday.

Tuesday, February 20, 2024 - 19:30:28

Visit: 85

Vedanta Resources, the parent of Vedanta Ltd, has sold a stake worth more than 17.37 billion rupees ($209 million) in the Indian miner, exchange data showed on Thursday.

Saturday, February 17, 2024 - 17:16:46

Visit: 115

Dolly Varden Silver (TSXV: DV) has discovered a new, gold-rich zone to the northwest of its Homestake Silver deposit in British Columbia’s Kitsault Valley. The Kitsault Valley project is 100%-owned by Dolly Varden.

Tuesday, February 13, 2024 - 16:16:07

Visit: 114

Glencore said on Monday it will close and sell its stake in the loss-making Koniambo Nickel SAS business it co-owns in New Caledonia, as a sharp drop in the metal’s prices continues to hit the industry.

Monday, February 12, 2024 - 23:07:33

Visit: 104

Mineral Resources expects to sell its stake in lithium developer Azure Minerals in the current half year, chief financial officer Mark Wilson said on Thursday.

Thursday, January 25, 2024 - 22:42:22

Visit: 69

The Chinese consortium CBC, which includes battery giant CATL, and Bolivia signed a deal on Wednesday, deepening their cooperation in one of the world’s largest lithium reserves.

Thursday, January 18, 2024 - 19:22:09

Visit: 49

The Norwegian Parliament this week greenlit seabed mining exploration in the country’s territorial waters, a decision that contravenes the advice of government scientists and is set to intensify the global fight over strip-mining biodiverse deep ocean ecosystems.

Friday, January 12, 2024 - 21:53:22

Visit: 67

Mining News Pro - Russia’s Nornickel will pay $18 million to pass its 50% stake in Nkomati nickel mine in South Africa to its partner African Rainbow Minerals (ARM), ARM said on Friday, ending years of Nornickel’s attempts to exit Africa.

Friday, November 24, 2023 - 22:03:38

Visit: 103

Mining News Pro - Jiangxi Copper, First Quantum’s largest shareholder, has increased its stake in the Canadian miner, which is still reeling from the heavy losses caused by uncertainty regarding the future of its flagship copper mine in Panama.

Friday, November 10, 2023 - 18:31:20

Visit: 117

Mining News Pro - Vale will divest 14% of its stake in Indonesian nickel unit to fulfill the country’s divestment rules, mining minister Arifin Tasrif told reporters on Friday.

Friday, November 10, 2023 - 18:28:04

Visit: 132

Mining News Pro - Australia’s richest woman Gina Rinehart’s Hancock Prospecting said on Friday it had acquired 18% of Azure Minerals in a strategic move aimed at deranging Chilean lithium giant SQM’s A$1.63 billion ($1bn) bid for the junior.

Friday, October 27, 2023 - 22:48:47

Visit: 182

Mining News Pro - Egyptian billionaire Naguib Sawiris, the northern African country’s second-wealthiest person, is said to be seeking a stake in the $7 billion Reko Dick copper-gold project, jointly owned by Barrick Gold and Pakistan.

Tuesday, October 17, 2023 - 22:28:38

Visit: 145

Mining News Pro - Suncor Energy Inc. agreed to buy TotalEnergies SE’s stake in the Fort Hills oil sands mine for C$1.47 billion ($1.07 billion) after an earlier deal to buy the French company’s Canadian assets was scuttled by ConocoPhillips.

Thursday, October 5, 2023 - 16:52:31

Visit: 142

Mining News Pro - Canada’s Lithium Royalty Corp. offered to buy rival TNR Gold Corp. for C$15 million ($11 million) in a bid to get a cut of revenues from an Argentina lithium project.

Monday, October 2, 2023 - 20:54:40

Visit: 134

Mining News Pro - Canada’s Lithium Royalty Corp. offered to buy rival TNR Gold Corp. for C$15 million ($11 million) in a bid to get a cut of revenues from an Argentina lithium project.

Monday, October 2, 2023 - 20:53:14

Visit: 102

Mining News Pro - Australian billionaire Gina Rinehart’s Hancock Prospecting increased its stake in lithium miner Liontown Resources, the company said, moving it closer to being able to block a $4.3 billion bid by US-based Albemarle for Liontown.

Sunday, October 1, 2023 - 20:47:16

Visit: 109

Mining News Pro - Hancock Prospecting, owned by Australian billionaire Gina Rinehart, confirmed on Monday markets rumours indicating her company had increase its stake in lithium miner Liontown Resources (ASX: LTR), which recently accepted Albemarle’s (NYSE: ALB) $4.3 billion (A$6.6bn) buyout offer.

Tuesday, September 12, 2023 - 19:28:56

Visit: 144

Mining News Pro - Hyundai Motor Group will buy a 5% stake in Korea Zinc Co., the world’s largest smelter for non-ferrous metals, as part of its effort to ensure access to key metals used in making electric-car batteries.

Thursday, August 31, 2023 - 21:09:13

Visit: 121

Mining News Pro - Piedmont Lithium (Nasdaq: PLL; ASX: PLL) has exercised its option to acquire an initial 22.5% stake in Atlantic Lithium’s (AIM: ALL, ASX: A11) Ewoyaa project in Ghana, having committed $17 million to fund the project through its definitive feasibility study (DFS).

Thursday, August 17, 2023 - 22:31:34

Visit: 187

Mining News Pro - Barrick Gold Corp is open to bringing in Saudi Arabia’s wealth fund as one of its partners in Pakistan’s Reko Diq gold and copper mine, Barrick CEO Mark Bristow told Reuters in an interview on Tuesday.

Tuesday, August 8, 2023 - 22:00:04

Visit: 187