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Mergers & Acquisitions;Metals & Mining

G Mining Ventures to acquire G2 Goldfields in $3 billion Guyana consolidation deal

G Mining Ventures has agreed to acquire G2 Goldfields in a transaction valued at approximately C$3.0 billion, combining adjacent gold projects in Guyana. The merger creates a district-scale hub with potential to produce over 500,000 ounces annually, unlocking an estimated C$1 billion in synergies by sharing infrastructure and permitting.

Guyana | 3 days ago

Metals & Mining

GR Engineering secures $68m EPC contract for Evolution Mining's copper flotation project

GR Engineering Services has been awarded a $68 million EPC contract by Northparkes Mining Services, a unit of Evolution Mining, for a coarse particle flotation project in New South Wales. The upgrade aims to boost copper recovery and energy efficiency.

3 days ago • Australia

Metals & Mining

Shreeji Shipping secures 20-year Coal Mining Contract as consortium partner

Shreeji Shipping Global Ltd, as part of a consortium, has won a 20-year mine development and operation contract from Kerwa Coal Ltd. The agreement covers drilling, blasting, evacuation, and coal sales in the Son-Mahanadi basin, with a potential five-year extension.

3 days ago • India

Metals & Mining

Policy reforms unlock land for India's 250 billion rupee coal gasification facility in Odisha

Bharat Coal Gasification and Chemicals Limited has secured a land lease from Mahanadi Coalfields Limited to develop a coal-to-ammonium nitrate plant in Odisha. Backed by government incentives, the 250 billion rupee venture will be the first to deploy domestic gasification technology.

3 days ago • India

Metals & Mining

Ratnaveer Precision Engineering secures ECMS approval for India’s first integrated CCL facility in Gujarat

Ratnaveer Precision Engineering Limited has received regulatory clearance under the Electronics Component Manufacturing Scheme (ECMS) to establish a ₹3.38 billion Copper Clad Laminates production site. This Vadodara-based project marks India’s first fully integrated facility for these essential electronic materials, with operations scheduled to begin by November 2026.

3 days ago • India

Mergers & Acquisitions

Critical Metals strengthens Greenland rare earth position with local services acquisition

Critical Metals Corp has agreed to acquire a majority stake in 60° North Greenland, a local construction and logistics firm. The acquisition adds operational capabilities and exploration assets to support development of the Tanbreez rare earth project, reinforcing the company's western-aligned critical minerals supply chain strategy.

3 days ago • Greenland

Mergers & Acquisitions

Nippon Steel secures JPY 900 billion through co-financing to consolidate U.S. Steel acquisition strategy

Nippon Steel has finalized a multi-institution financing structure totaling about JPY 2 trillion to replace acquisition bridge funding tied to U.S. Steel. The move strengthens its capital structure while enabling long-term investment and operational integration in the U.S. steel market.

3 days ago • Japan;United States

Metals & Mining

Coal ministry initiates infrastructure and mine modernization projects during review of WCL operations

India’s Coal Minister G. Kishan Reddy launched multiple infrastructure and operational initiatives linked to Western Coalfields Limited while reviewing the company’s performance and future plans. The measures highlight ongoing efforts to modernize coal logistics, improve environmental management, and strengthen operational efficiency in India’s coal-producing regions.

3 days ago • India

Metals & Mining

USTDA backs geothermal lithium extraction pilot in Indonesia to strengthen EV supply chains

The U.S. Trade and Development Agency is funding a pilot project to extract lithium from geothermal brine in Indonesia, deploying U.S. technology at a state-owned geothermal site. The initiative aims to diversify global critical mineral supply, support Indonesia’s battery ambitions, and create potential commercial opportunities for U.S. lithium buyers.

3 days ago • Indonesia

Mergers & Acquisitions

Fiore-backed Seva Mining completes acquisition of Cameron gold project

Seva Mining has closed the acquisition of First Mining Gold's Cameron project in Ontario through a reverse takeover transaction. The deal creates a new gold exploration vehicle backed by the Fiore Group, with First Mining retaining a 48% stake and board representation.

3 days ago • Canada

Metals & Mining

JSW Steel secures 850 million tonne coking coal reserve in Mozambique to fortify Indian production

JSW Steel has initiated the Minas de Revuboe coking coal project in Mozambique, tapping into 850 million tonnes of reserves. This strategic backward integration aims to stabilize raw material costs and provide a consistent supply of premium hard coking coal as the company targets a 50 million tonne annual steel capacity in India by 2030.

3 days ago • Mozambique

Metals & Mining

Nigeria seals USD 1.3 billion AFC partnership to accelerate mining sector diversification

Nigeria has entered a USD 1.3 billion agreement with Africa Finance Corporation to develop an alumina refinery and expand mineral exploration nationwide. The initiative supports efforts to diversify government revenue, strengthen domestic mineral processing capacity, and reduce reliance on crude oil exports.

3 days ago • Nigeria

Metals & Mining

STRABAG subsidiary ZÜBLIN wins major Codelco contracts for Chuquicamata underground expansion

STRABAG’s subsidiary ZÜBLIN has secured two large-scale contracts from Codelco to advance the underground transformation of the Chuquicamata copper mine in Chile. The project includes more than 54 kilometres of tunnelling and critical infrastructure works, with completion targeted for 2031 and a workforce of around 1,200.

3 days ago • Chile

Investments & Funding

Al-Baha accelerates regional industrial strategy with SR89 million MODON-backed infrastructure expansion

Saudi Arabia’s Al-Baha region has launched SR89 million in industrial infrastructure projects at its First Industrial City, targeting investment attraction, SME growth, and mining sector development. The initiative aligns with Vision 2030 objectives to diversify regional economies and strengthen industrial competitiveness.

3 days ago • Saudi Arabia

Metals & Mining

Arunachal Pradesh marks historic milestone with launch of first commercial coal mine at Namchik-Namphuk coal block

Arunachal Pradesh inaugurates its first commercial coal mine at Namchik-Namphuk, enhancing energy security, creating jobs, and promoting sustainable development under PM Modi’s EAST initiative.

3 days ago • India

Latest News

Energy & Power | 2 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

Infrastructure | 2 days ago

USACE awards $113.8 million contract to J.F. Brennan for invasive carp deterrents at Brandon road project

The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.

Energy & Power | 2 days ago

CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina

CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.

Government & Policy | 2 days ago

NASA awards $76m data science contract to Development Seed for Marshall space flight center

NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.