Reverend Sam may be a man of God, but he did not get ahead in Sierra Leone’s diamond business through divine intervention. Eight years after he began digging for gems in Kono,
U.S. President Donald Trump is preparing to launch a strategic stockpile of critical minerals backed by $12 billion in financing, marking a major escalation in Washington’s effort to reduce reliance on China
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Japan has retrieved sediment containing rare earth elements from a depth of 6,000 meters in the Pacific Ocean, the government said Monday, in what it described as a world-first attempt to tap
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Simandou, Africa’s largest mining and related infrastructure project, has reached a critical stage as construction and commissioning accelerate across its mines, railway, and port systems in Guinea. The vast development, which integrates
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Rio Tinto has confirmed it is in early-stage talks to acquire Glencore, a move that could create the world’s largest mining company with a combined market value approaching $207 billion, the companies
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Despite headlines touting Greenland as a frontier for rare minerals and strategic resources, experts warn that the realities of Arctic mining are far more brutal than often acknowledged. From extreme cold to
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Guinea’s long-awaited Simandou iron ore project, championed by the country’s military rulers as a cornerstone of economic renewal, is laying off thousands of workers even as it starts exporting ore for the
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SolGold said on Friday it was minded to recommend an improved takeover offer from its largest shareholder, China’s Jiangxi Copper, valuing the gold and copper miner at about £842 million, as competition
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Australian gold producer Ravenswood Gold Pty. has obtained a $650 million private credit loan from investment firm RRJ Capital to refinance existing debt, according to people familiar with the matter. The financing,
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Anglo American has defended the depth of its due diligence on its proposed $50 billion merger with Teck Resources, after the Canadian mining group sharply downgraded its copper production guidance, according to
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Freeport-McMoRan Inc. declared force majeure at its Grasberg mine in Indonesia after a massive mud flow left two employees dead and five missing, sending shockwaves through the global copper market. The mine,
More Rio Tinto, the Anglo-Australian mining giant, has reported a 7% decline in underlying earnings for 2024, largely due to falling iron ore prices and inflationary pressures. The company, which is one of
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Major companies in Oman, Abu Dhabi, and Saudi Arabia are stepping into metal trading as Gulf states seek to capitalize on the growing demand for critical minerals while reducing their dependence on
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Transparency International Sri Lanka (TISL) has escalated its concerns regarding a proposed mineral sands mining project in Puttalam, filing a formal complaint with the Human Rights Commission of Sri Lanka (HRCSL) on
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