Silvercorp issues takeover offer for OreCorp

Canada’s Silvercorp Metals entered into a Bid Implementation Deed to acquire all of the shares it doesn’t already own of African gold developer OreCorp.

Staff Writer | December 27, 2023 | 10:28 am

The biggest global mining news of 2023

A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.

Frik Els | December 27, 2023 | 10:01 am

Vietnam official held over sand mining as sinkholes spread

The head of the An Giang province was arrested by police for allegedly helping a company illegally mine sand.

Bloomberg News | December 27, 2023 | 9:36 am

Guinea Alumina Corp will let Guinea use its fuel berth after blast

Despite the December 18 accident, the Guinea Alumina Corporation doesn't expect interruptions to its mining, rail and export activities.

Reuters | December 27, 2023 | 9:12 am

London gold price benchmark breaks all-time high, LBMA says

The London gold price opened the year on Jan. 3 at $1,835.05 and has since risen by 12.7%.

Reuters | December 27, 2023 | 9:01 am

China metals giant faces protest in Indonesia after fatal blast

A deadly blast at a furnace run by PT Indonesia Tsingshan Stainless Steel has triggered a police investigation and a halt to the company's operations.

Bloomberg News | December 27, 2023 | 8:43 am