Anglo American picks Gareth Penny consortium as preferred bidder for De Beers
Anglo American has named a consortium led by former De Beers chief executive Gareth Penny as preferred bidder for its 85% stake in De Beers, with chief executive Duncan Wanblad saying the long-running sale process is close to its end.
Elcora agrees to buy a million-ounce gold resource in South Africa's Barberton belt
Elcora Advanced Materials signed a binding agreement on 27 May 2026 to acquire the Eldorado gold mine and tailings in South Africa's Barberton Greenstone Belt for $2m in cash plus shares, marking its entry into gold mine ownership.
Pan African Resources agrees A$311m deal for Australia's Emmerson Resources
Pan African Resources is buying ASX-listed Emmerson Resources for about A$311m to gain full ownership of the Tennant Creek mineral field in Australia's Northern Territory, with the deal expected to close in July 2026.
Zambia's ZCCM-IH moves to raise stakes in Lubambe copper and KoBold's Mingomba project
ZCCM-IH's chief executive said in May 2026 the Zambian state investment company was working to raise its stake in KoBold Metals' Mingomba copper project to 25% from 20%, after already lifting its Lubambe Copper Mines stake to 30%.
China's Huayou Cobalt agrees $210m takeover of Ghana lithium developer Atlantic Lithium
Zhejiang Huayou Cobalt agreed on 7 May 2026 to acquire Atlantic Lithium for about $210m in cash, months after Atlantic Lithium's board rejected an earlier takeover proposal it judged undervalued its Ewoyaa project in Ghana.
Montage Gold buys African Gold for $170m, adding Didievi to Cote d'Ivoire pipeline
Montage Gold completed its $170m acquisition of African Gold in April 2026, gaining the Didievi project in Cote d'Ivoire to develop alongside its flagship Koné mine, and later secured a $75m Macquarie loan to accelerate it.
Exxaro completes takeover of Ntsimbintle's manganese interests after Tribunal approval
Exxaro Resources closed its acquisition of key manganese mining and marketing interests from Ntsimbintle Holdings and OM Holdings on 27 February 2026, after South Africa's Competition Tribunal approved the deal in December 2025.
US-backed Orion consortium signs MOU for $9bn stake in Glencore's Congo copper mines
Glencore signed a non-binding memorandum of understanding on 3 February 2026 with the US-backed Orion Critical Mineral Consortium covering a proposed 40% stake in its Mutanda and Kamoto copper-cobalt mines in the Democratic Republic of Congo.
China's Baowu takes majority control of Simandou's northern mining blocks
China Baowu Steel Group completed an increase of its stake in the operator of Simandou's Blocks 1 and 2 to 51% on 30 January 2026, taking formal control weeks after the first iron ore shipments left Guinea for China.
China's Zijin agrees C$5.5bn takeover of Allied Gold's African mines
Zijin Gold International agreed on 26 January 2026 to buy Allied Gold for C$44 a share, valuing the company at about C$5.5bn and adding three African gold operations to Zijin's fast-growing overseas portfolio.
Robex Resources beats Perseus Mining to Predictive Discovery in $1.5bn Guinea gold tie-up
Predictive Discovery chose a revised Robex Resources merger over a rival Perseus Mining bid in December 2025, combining Guinea's neighbouring Bankan and Kiniero gold projects in an A$2.35bn deal completed in April 2026.
Teck and Anglo American shareholders wave through $50bn Anglo Teck merger
Teck Resources and Anglo American shareholders voted decisively on 9 December 2025 to approve their all-share merger of equals, leaving only foreign regulatory clearances before Anglo Teck can be created.
Barrick sells Tongon gold mine to Ivorian buyer, ending 15 years of foreign ownership
Barrick completed the sale of its Tongon gold mine and nearby exploration assets in Cote d'Ivoire to the Atlantic Group for up to $305m on 2 December 2025, transferring the mine to full Ivorian ownership for the first time since 2010.
Barrick pays Mali about $430m to end Loulo-Gounkoto dispute and regain control
Barrick Mining reached a settlement with Mali in November 2025, paying roughly $430m to end an arbitration dispute and regain operational control of the Loulo-Gounkoto gold complex, which it lost earlier in the standoff.
Vedanta spins off Zambia's Konkola Copper Mines into new US-domiciled CopperTech
Vedanta Resources launched CopperTech Metals, a US-domiciled company to own and operate Zambia's Konkola Copper Mines, on 7 November 2025, alongside plans for a $1.5bn investment and an 11.9% stake sale worth about $372m.
Harmony Gold completes $1.01bn takeover of Australia's MAC Copper
Harmony Gold finalised its US$1.01bn acquisition of MAC Copper on 24 October 2025, taking full ownership of the CSA copper mine in New South Wales and adding copper to its production mix for the first time at scale.
Peabody scraps $3.8bn Anglo American coal deal after mine fire, arbitration follows
Peabody Energy terminated its agreement to buy Anglo American's steelmaking coal portfolio for up to $3.8bn on 19 August 2025, prompting Anglo to launch arbitration over the collapsed deal a month later.
Newmont completes $1bn sale of Ghana's Akyem gold mine to Zijin
Newmont finalised its $1bn sale of the Akyem gold mine in Ghana to China's Zijin Mining Group in August 2025, receiving the last $100m instalment after Ghana's Parliament ratified the mine's extended lease.
De Beers and Botswana sign new 10-year sales deal and 25-year mining licence
De Beers and Botswana's government signed a new 10-year rough diamond sales agreement and a 25-year extension of Debswana's mining licences on 25 February 2025, alongside 10 billion pula of development funding for Botswana.