Stake Reduction by First Eagle Investment Management New York-based First Eagle Investment Management LLC recently sold a portion of its stake in Barrick Gold Corporation, a prominent gold and copper producer. According to a filing with the Securities and Exchange...
Mining
France unveils €2bn fund for critical metals
The French government has announced a €2bn fund to finance the production of critical metals, which are essential to the manufacture of batteries for electric vehicles (EVs), wind turbines, and solar panels. In France, the announcement comes as global demand for these...
Automakers Scramble for EV Battery Materials as Miners Face Risks
With the growing demand for electric vehicles (EVs), automakers are racing to secure the critical components required for EV batteries, including cobalt and lithium. However, many of these materials are sourced from countries with poor labor conditions and...
Latin American Countries Eyeing Opportunities in the Booming Lithium Market
As the global demand for lithium, a crucial component in batteries used in electric vehicles and other high-tech devices, continues to surge, Latin American countries are seeking to capitalize on their vast reserves of the metal. Bolivia, Argentina, and Chile, known...
Newmont Makes Takeover Offer for Newcrest Mining
Newmont Mining Corporation, one of the largest gold mining companies in the world, has made a takeover offer for Australian-based Newcrest Mining Ltd. The move comes as gold prices continue to rise and as companies in the industry seek to expand their operations and...
American and Canadian firms are invited by Mexico to participate in the lithium market
The Mexican President, Andres Manuel Lopez Obrador said recently that his administration will issue a call for US and Canadian firms to participate in the country's incipient lithium market. Mexico to go into lithium mining Mexico is one of the most...
Vale eliminates 3 more upstream dams in MG and meets the year’s goal
The Brazilian mining company, Vale finalized its works to eliminate three more dam structures built using the upstream method, all in Minas Gerais state. The works were conducted on the Auxiliary Dike of Dam 5, at the Águas Claras mine, in Nova Lima-MG; and at the...
Mining companies facilitates access to Infrastructure Development finance
Most large mines require substantial investments in infrastructure for the success of a mining operation. In the wake of the widespread financial crisis however the mining sector is experiencing overwhelming capital constraints, and investors and financiers are...
Alternative Sources Of Mining Finance
The recent Mergers and acquisitions activity in North America have intensified a number of current trends in the mining industry, especially in relation to the availability of debt and equity for the advancement of mining projects: The gold sector is proceeding to...
Flexible financing solutions for mining companies
New mining projects, usually situated in remote regions, need infrastructure to move commodities from mines to ports to sell to export markets. This “pit to port” infrastructure tends to be the most expensive part of the ancillary infrastructure such as power and...