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Exclusive-Miners seek partners for copper assets as M&A heats up

LONDON (Reuters) -A flurry of copper mining deals are being lined up for the next six to 12 months, industry sources said, as producers seek to spread the soaring cost of new projects for the metal key to the energy transition. Copper producers increasingly want to share the risk and costs of projects, and the sector has already seen a jump in M&A activity, which more than doubled year-on-year to $14.24 billion in 2022. But big-ticket M&A is not the only solution to rising costs, and...
Dominican Republic City Of United Kingdom United States Santo Domingo Clara Denina
Source: yahoo.com

Congo communities forcibly uprooted to make way for mines critical to EVs, Amnesty report says

The mining of minerals critical to electric vehicle batteries and other green technologies in Congo has led to human rights abuses, including forced evictions and physical assault, according to a new report from Amnesty International and another rights group. Congo is by far the world’s largest producer of cobalt, a mineral used to make lithium-ion batteries for electric vehicles and other products, and it is also Africa’s top producer of copper, which is used in EVs, renewable en...
Abuja Federal Capital Territory Ernest Miji Donat Kambola Amnesty International Coalition For Safeguarding Of Human Rights Initiative For Good Governance
Source: yahoo.com

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OCEAN PARTNERS HOLDINGS LIMITED ACQUIRES COMMON SHARES OF DORÉ COPPER MINING CORP.

MAIDENHEAD, United Kingdom, Aug. 30, 2023 /CNW/ - Ocean Partners Holdings Limited ("Ocean Partners") announced today that it has acquired common shares ("Common Shares") in the capital of Dorรฉ Copper
United Kingdom General United Kingdom Siva Pillay Ocean Partners United Kingdom Ltd Ocean Partners Holdings Limited Copper Mining Corp

CNRC TO ACQUIRE INTEREST IN COPPER MINING COMPANY

Houston Natural Resources Corp (OTC: HNRC) ("HNRC or the Company"), now known as Cunningham Natural Resources Corp ("CNRC"), announced today that it is acquiring a 10% interest in Kharrouba Copper Company, Inc ("KCC" or "Company") with the potential to increase its position over time. Based on the investment being made by HNRC, KCC would have an enterprise value of about US$60 million dollars.
Cunningham Natural Resources Corp Natural Resources The Company Energy Transition Copper Mining
Source: yahoo.com

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