Democratic Republic of Congo’s state-owned miner has submitted a bid for Chemaf Resources Ltd.’s unit in the country, months after saying it intended to block a previous deal to sell the copper and cobalt miner to a Chinese investor.
Private equity firm MBK and Young Poong have secured a more than 5% stake in Korea Zinc through a tender offer that closed on Monday, Young Poong said in a regulatory filing.
Exxaro Resources Ltd., one of South Africa’s biggest coal producers, wants to become a major player in the country’s manganese mining industry.
Democratic Republic of Congo’s top mining official said the country is courting new investors for its world-class deposits of key metals as it looks to diversify ownership in its industry, which is currently dominated by China.
The chief of South Korea’s Financial Supervisory Service on Tuesday ordered a probe into tender offers for Korea Zinc shares to monitor for any unfair trade practices, the financial watch dog said in a statement.
Quebec-focused explorer Yorbeau Resources has agreed to sell its flagship Rouyn gold property to a group of Australian investors for C$25 million ($18.5 million) — a move that it says will help shore up its balance sheet.
Britain on Wednesday signed a memorandum of understanding to collaborate on critical minerals with Indonesia, home to some of the world’s largest mineral resources, the UK’s embassy in Jakarta said.
Swedish miner Boliden said on Thursday the expansion of its Odda zinc smelter in Norway will take longer than expected due to a delay in construction work and that the cost will increase by 100 million euros ($110.16 million).
A Chinese state-owned company will finalize an agreement to take over the concession of a railway that links Zambia’s copper mines to a Tanzanian port by the end of 2024, according to the agency in charge of the line
Goldman Sachs has suspended covering zinc markets “for the moment”, citing “restricted capacity” following the departure of the sector lead earlier this year.