News in Numbers
$419m
CMOC Singapore agreed to acquire all outstanding shares of Canadian miner Lumina Gold for C$1.27 per share, representing a total equity value of approximately C$581m ($419.3m).
10
The White House is accelerating permitting for ten mining projects across the US, including the Stibnite antimony and gold mine in Idaho and the proposed Resolution copper project in Arizona.
300
Canadian gold mining company B2Gold announced plans to cut approximately 300 jobs in Namibia as it begins the phased downscaling of operations at its Otjikoto gold mine.
7-8mt
Coal producer Peabody signed a contract to provide seven to eight million tonnes (mt) of coal per year to Associated Electric Co-operative Inc for at least the next seven years.
16.8%
India’s exports of cut and polished diamonds fell 16.8% in fiscal year 2024/25, reaching the lowest level in two decades, according to the Indian Gems and Jewellery Export Promotion Council.
