Zijin Mining expects first-half profit leap on higher gold and copper output First-half net profit could reach up to $2.13 billion, up 50% year on year, the company said. Reuters | July 8, 2024 | 7:16 am
Silvercorp acquisition of Adventus hits roadblock Silvercorp sees potential cancellation of the environmental permit for Adventus' El Domo project as an unmet condition for closing the deal. Cecilia Jamasmie | July 8, 2024 | 3:36 am
China’s Shandong province plans $14bn lithium battery industry by 2025 The plan includes expanding the category of consumer batteries, improving quality and performance, and strengthening research and development. Reuters | July 7, 2024 | 3:50 pm
RANKED: World’s top 10 gold mining companies Newmont remains the top gold producer with 5.5 million oz. across its global operations, which span four continents. Staff Writer | July 7, 2024 | 2:30 pm
US Battery Belt Red states could be biggest losers in upcoming election Investors are worried Trump will repeal the IRA, which has created over 300,000 jobs as of June 20. Rick Mills - Ahead of the Herd | July 7, 2024 | 9:24 am
Britain prioritizing jobs in Tata Steel talks, minister says Britain's biggest steel producer started closing one of its carbon-intensive blast furnaces on Thursday. Reuters | July 7, 2024 | 8:04 am
Canada puts its big miners off limits just as M&A is heating up Foreign takeovers of mining companies have been a touchy topic ever since a wave of deals 18 years ago took out some of the country’s biggest players. Bloomberg News | July 6, 2024 | 7:55 pm
China’s central bank refrains from gold purchases for a second month China held 72.80 million troy ounces of gold at the end of June, unchanged from the end of May. Reuters | July 6, 2024 | 7:43 pm
Canada’s move to protect mining sector shields takeover targets Teck Resources spent much of last year fending off Glencore’s $23 billion takeover attempt before the Swiss company opted instead to just buy the company’s steelmaking coal business. Bloomberg News | July 5, 2024 | 4:00 pm
