South America

Blackwater founder launches fund to invest in electric car battery metals

The founder of US private security company Blackwater aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper, mainly in Africa and Asia.

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Human activity creates 208 new mineral species

Study shows mining has sparked “unparalleled inorganic compound diversification” like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

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Australia’s top gold miner boosts bet on Ecuador copper project

Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company’s second biggest shareholder BHP.

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Randgold to cease trading as merger with Barrick gets final approval

The planned merger, which creates the world’s top gold miner by value and output, has been approved by the Royal Court of Jersey.

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Barrick ups investment in Reunion Gold, hopes for big payoff in Guiana

The Toronto-based company, which already owns 15% of Reunion, said the fresh $2.27-million investment leaves its stake in the Quebec-based miner unchanged.

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