Resource Global Network | Global energy and resource news

Rio Tinto has reached a deal in principle with Canadian miner Turquoise Hill to acquire the 49% of the company it doesn’t already own, in a move that will give Rio 100% of the Oyu Tolgoi copper-gold mine in Mongolia.
The US$3.3 billion deal is set to bring to an end a six-month takeover battle while boosting Rio’s exposure to copper, which is poised to play an indispensable role in the global energy transition. Oyu Tolgoi is currently one of the world’s largest known...

The junior gold exploration sector currently offers an attractive entry point to investors, compared with the higher cost mineral production sector, Haywood Securities has stated in its latest Junior Exploration Report.
Haywood’s analysts argue that with the VanEck Junior Gold Miners ETF trading down about 21% in the year to date and several high-quality juniors down even more, the junior arena provides contrarian value at a low-risk entry point....

Canadian exploration firm Québec Nickel Corp has reported a pair of impressive new assay results from the Fortin Sill Zone at its 100%-owned Ducros project, located 80 km Northeast of Val-d’Or in Québec.
The CSE-listed company said it intersected a high-grade sub-interval assay of 1.85% nickel, 1.65% copper and 3.27 g/t of platinum-palladium-gold over 8.43 metres in step-out drilling at the Fortin Sill Zone....

The Copper Mark earlier this week announced the addition of five new sites to its voluntary framework promoting responsible production practices, meaning that 20% of total mined copper output now adheres to its sustainability framework.
The organisation was established in 2020 in response to a growing collective awareness of the need for the copper industry to improve its ESG credentials. Over the last two years, The Copper Mark has grown to have more than 40 participants in the framework...