News in Numbers

Eldorado Gold has announced its intention to acquire Foran Mining through a merger agreement valued at approximately $2.78bn (C$3.8bn), forming a gold-copper mining company. 

Globex Mining Enterprises has identified rare earth mineralisation at its Gem Hills property in Nevada, with samples reporting between 0.28% and 5.26% total rare earth oxides (TREO), with an average of approximately 1.7% TREO. 

Mexican authorities have located ten bodies during their investigation into the abduction at a site operated by Vizsla Silver in Sinaloa. Five individuals have been identified, and officials continue their work to identify the remaining. 

Red Mountain Mining acquired the Thompson Falls antimony project in Montana, located 4.2km from US Antimony Corporation facilities, positioning it for exploration and potential integration with domestic processing infrastructure. 

Orion Minerals is set to secure a $250m binding prepayment facility from Glencore to advance its Prieska Copper Zinc Project in South Africa, supporting construction, development and the transition towards full-scale operations.