Tuesday, January 27, 2026 at 8:31 AM
The article discusses the rising prices of mining stocks and metals, particularly highlighting Rio Tinto's talks to acquire Glencore, which could lead to the creation of the world's largest mining company.
Eldorado Gold agreed to acquire Foran Mining for approximately 3.8 billion Canadian dollars, or US$2.79 billion, including debt.
Chinalco and Rio Tinto will acquire a 69% stake in Companhia Brasileira de Aluminio for about $900 million.
Devon Energy agreed to buy Coterra Energy in a roughly $21.5 billion all-stock deal that would birth one of the largest U.S. oil-and-gas producers as consolidation continues to reshape the industry.
Record prices are breathing new life into South Africa’s ailing gold-mining industry.
