USA Top Stories

Private equity deals in mining sector tumble by half in 2024 – report

Total transaction value as of Sept. 30 was $4.76 billion, down more than 50% compared to the $10.52 billion registered in the full year 2023.

Staff Writer | October 29, 2024 | 1:02 pm

Andium receives $21.7 million funding backed by Aramco

Andium's solution combines AI-powered software with on-site sensors and cameras…

Staff Writer | October 29, 2024 | 10:12 am

Bunker Hill in line for $150m federal bank loan for Idaho silver project

The first stage of the restart, due to begin by…

Colin McClelland - The Northern Miner | October 29, 2024 | 9:32 am

Trillions needed to achieve net-zero by 2050 — Wood Mackenzie

The report shows the world needs to invest $78 trillion…

Cecilia Jamasmie | October 29, 2024 | 6:47 am

CHART: Copper price is being held hostage by Beijing

New report foresees a possible step change at meeting of…

Frik Els | October 29, 2024 | 4:11 am

Metal trader hiring frenzy sends bonuses soaring

The rush for metals traders has pushed compensation levels higher across the industry, according to several trading house CEOs.

Bloomberg News | October 9, 2024 | 9:39 am

Nova Minerals hits high-grade gold in Alaska as it eyes 2025 prefeasibility

Highlights include 43 metres grading 4.4 grams gold per tonne from 2 metres depth.

Blair McBride - The Northern Miner | October 9, 2024 | 9:23 am

Americas Gold and Silver consolidates ownership of Galena complex in Idaho

Galena represents one of the largest underground silver mines in North America, having produced over 240 million oz.

Staff Writer | October 9, 2024 | 8:40 am

Ranking the world’s top lithium producers

Acquiring Arcadium makes Rio Tinto one of the world's largest lithium producers.

Reuters | October 9, 2024 | 7:22 am

Rio pays premium multiple for Arcadium in biggest deal since 2007

“We feel quite comfortable that we have not bought a lithium company at the top of the cycle right now. We had to pay a fair price, and that’s what we’re paying.”

Frik Els and Cecilia Jamasmie | October 9, 2024 | 3:51 am

Rio Tinto buys Arcadium for $6.7 billion cash

Rio's offer is at the high end of expectations representing a premium of 90% to Arcadium’s closing price on October 4.

Cecilia Jamasmie | October 8, 2024 | 11:21 pm

Lithios secures $12 million to scale its lithium extraction technology

The company says its ALE technology can unlock sources of lithium previously considered uneconomical and inaccessible.

Staff Writer | October 8, 2024 | 3:00 pm

Arcadium’s vast lithium portfolio lures Rio at the right time

So far the market is working in Rio's favor, as plunging lithium prices since January have stymied Arcadium's growth plans.

Reuters | October 8, 2024 | 10:22 am

Hopes for repeat of May’s copper price blowout fade

Copper prices fell sharply on Tuesday after hopes of further stimulus in China evaporated and conditions for a repeat of May’s record setting squeeze faded.

Frik Els | October 8, 2024 | 4:33 am

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