Acquisition

A potential acquisition of Vedanta’s Zambian copper mine by a UAE-based company falls through due to disagreements over valuation. The incident highlights the growing geopolitical interest in Africa’s copper resources.

Canadian miner Silvercorp Metals has acquired Adventus Mining for $146 million, gaining a 75% interest in the El Domo copper-gold project in Ecuador. The deal expands Silvercorp’s geographical footprint and strengthens its green metals portfolio.