Filo Corp. shareholders have approved the $4.1 billion acquisition by BHP and Lundin Mining, bringing the companies closer to finalizing the major mining deal. The acquisition includes Filo del Sol and the JosemarÃa projects, set to boost copper and gold production in Latin America.
Victor Adetimilehin
Victor Adetimilehin
Victor Adetimilehin, widely known as Vic’Adex, is a celebrated global arts in medicine fellow and a staunch ambassador for religious tolerance. Beyond his institutional affiliations, Victor is an incredibly passionate and award-winning spoken word artiste, most notably recognized for his stirring poem, "men not gods." A fervent supporter of pan-Africanism, he actively champions and bolsters Nigerian creative hubs, fostering an environment of artistic growth and cultural exchange. Victor's dedication to the arts and peace advocacy positions him as a vital influencer in bridging cultural gaps.
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Copper prices surged past $10,000 per tonne as China unveiled fresh stimulus measures for its real estate market. The economic push boosted demand and sent mining stocks soaring, with key players like Glencore and BHP seeing major gains.
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Nippon Steel has won arbitration approval for its $14.9 billion buyout of US Steel, addressing union concerns while facing political opposition ahead of the presidential election.
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Australia has approved expansions at three coal mines, fueling criticism about its climate goals while securing more than 1,800 mining jobs.
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Uranium Energy is set to acquire Rio Tinto’s Wyoming uranium assets for $175 million, including the Sweetwater plant and key uranium projects, boosting its production capabilities amid growing global demand for uranium. Â
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Yukon First Nations challenge the approval of BMC Minerals’ Kudz Ze Kayah mine, citing insufficient consultation on economic feasibility and Aboriginal rights. Â
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Gold prices hit a record-breaking $2,600 per ounce, fueled by Federal Reserve rate cuts and geopolitical tensions. While some analysts expect a correction, the safe-haven demand may continue.
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Iron ore prices climbed as hopes for Chinese stimulus measures and declining inventories boosted market sentiment. Analysts expect further economic support from Beijing to drive demand.
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A construction crew in Cornwall has uncovered an ancient tin mine during roadwork, adding to the region’s rich mining history.
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Winsome Resources confirms strong potential for its Adina lithium project in Quebec, forecasting $7.5 billion in revenue and efficient operations over a 17-year mine life.