BHP’s latest approach to acquire Anglo American reportedly reached about £40 billion ($53 billion), offering roughly £34 per share — a 24% premium to Anglo’s £27.36 close on 20 November — in a mostly scrip deal with some cash. Anglo’s board is said to have rejected the bid in favour of expected value from its planned acquisition of Teck Resources, which would combine neighbouring Andean copper operations into a top-five global copper producer. Regulatory risk and exposure to BHP share-price volatility were additional concerns.
Endeavour Mining plans to discover 12–15Moz of new resources between 2026 and 2030 on a $540 million budget, targeting a discovery cost below $40/oz after delivering 20.7Moz at under $25/oz from 2016–2025. The company will test about 50 near-mine targets across 7,000km² in Côte d’Ivoire, Senegal, and Burkina Faso, with Houndé and Sabodala-Massawa each aiming for 1.5–2Moz and Ity, Lafigué, Assafou and Mana together adding up to 4.5–5Moz. Endeavour also invested £1.8 million in East Star Resources to back gold-copper exploration in Kazakhstan.
Torex Gold Resources has defined a 400 x 300 metre mineralised footprint at Media Luna West, 180 km southwest of Mexico City, with step-out drilling returning high-grade intercepts including 11 metres at 11.7 g/t gold, 10.3 g/t silver and 0.26% copper from 647 metres, and 12.9 metres at 17.25 g/t gold, 8.7 g/t silver and 0.27% copper from about 704 metres. The 24-hole, 11,303-metre programme also delivered thicker zones such as nearly 50 metres at 2.47 g/t gold from 652 metres, including 20 metres at 7.24 g/t gold, supporting a maiden inferred resource targeted for March. Torex plans further drilling along the north–south corridor towards the San Miguel fault to grow and upgrade resources, with Media Luna West viewed as a potential new underground mining front feeding the existing Morelos processing plant.
Ascot Resources is launching a post-consolidation C$150 million private placement, issuing common shares at C$0.60 and up to C$15 million in flow-through shares at C$0.73, alongside a C$14.9 million rights offering and 50:1 share consolidation to stabilise its BC-focused operations. Major shareholder Ccori Apu will participate to maintain its 32% stake, while senior lender Nebari has agreed to extend loan maturity and amend repayment terms, averting potential creditor protection. Proceeds target restarting development at the Premier gold project near Stewart, currently in care and maintenance after a five-month restart was halted.
Navoi Mining and Metallurgical Company has been upgraded by S&P Global to a ‘BB’ long-term credit rating with a ‘Stable’ outlook, following Uzbekistan’s sovereign rating improvement and in line with Fitch’s issuer default rating. Fitch cites NMMC’s position as the world’s fourth-largest gold producer, with output above 3 million oz per year, low costs, long mine life and low leverage, underpinned by the Muruntau deposit and a 150 million oz resource base. Earlier in 2025 NMMC issued a $500 million London-listed corporate bond via Citi, JP Morgan, Société Générale and MUFG to optimise and diversify its debt profile.
Latin America is accelerating critical mineral value-chain development as the Inter-American Development Bank (IDB) and EU deploy a €6.3 million grant to unlock about €120 million in IDB funding for lithium, copper and rare earths projects in Argentina, Bolivia, Brazil, Chile and Ecuador. The IDB’s Mining for the Energy Transition (MET) programme is targeting regulatory reform, improved geological data and low‑carbon mining, while Washington signals a preference for sourcing and processing within the hemisphere. IDB is also financing extraction, including a $100 million loan into Rio Tinto’s $2.5 billion battery‑grade lithium project in Salta, Argentina.
China has issued the first batch of one-year “general” rare earth export licences to magnet producers JL Mag Rare Earth, Ningbo Yunsheng and Beijing Zhong Ke San Huan High-Tech, easing shipment-by-shipment approvals imposed under April’s export controls. The move follows Beijing’s agreement to suspend expanded October controls as part of a trade truce with the US, after rare earth magnet exports initially slumped and 2025 shipments remained about 20% down year-on-year despite a nine-month high to the US in October. European manufacturers report shorter delays but still flag opaque criteria and the risk that broader restrictions could quickly tighten again.
Tin market tightness is set to deepen as Fitch Solutions’ BMI lifts its 2026 tin price forecast to $35,000/tonne, with LME three‑month futures already near $36,787/tonne on 14 November amid persistent supply disruptions. Indonesian exports remain constrained by delays in annual work permit approvals, while uncertainty continues over the real timing of resumed output from Myanmar’s Man Maw operations in Wa State despite reported three‑year mining permits. BMI notes a thin pipeline of new tin projects and steadily rising demand from semiconductors, EV electronics and photovoltaic cells, pointing to a sustained concentrate and refined metal deficit.
Structural steel specialist Severfield reported a widened pre-tax loss of £5.6m for the six months to 27 September 2025, with revenue down 18% to £206m and underlying pre-tax profit collapsing from £16.1m to £0.6m. New chief executive Paul McNerney, formerly of Laing O’Rourke, has launched a strategic review of markets, operations and organisational structure, with findings due in 2026. Despite a subdued UK and European steelwork market and tight bid prices, Severfield has secured major packages on the Agratas battery gigafactory in Somerset, a London energy-from-waste plant and Ineos’ Project One in Antwerp.
Kier Group has appointed Tom Hinton, currently interim chief executive and former chief financial officer of logistics operator Wincanton, as its new CFO with effect from 1st January 2026, succeeding Simon Kesterton after his six-year tenure ends on 31st December 2025. Hinton previously served as group CFO at Infinis Energy, Domestic & General and WE Soda, bringing experience across energy, insurance and mining and chemicals to the UK contractor. The move follows last month’s transition to new chief executive Stuart Togwell, signalling a refreshed leadership team as Kier pursues its medium-term value creation plan and balance sheet strengthening.
Fire enforcement notice has been served on Bylor JV (Laing O’Rourke and Bouygues Travaux Publics) at Hinkley Point C after ONR inspectors found significant fire safety shortfalls in multiple advanced-stage site buildings, including inadequate general fire precautions and absence of a compliant emergency lighting system. The notice, issued under the Regulatory Reform (Fire Safety) Order 2005, requires improvements to be completed by 30 June 2026, with interim risk controls expected. Bylor is already facing two ONR prosecutions over a November 2022 fatality and an August 2022 rebar mesh wall collapse causing serious injury.
ACE and Autodesk are urging the UK government to develop a national “AI in Engineering” strategy to coordinate deployment of tools such as generative design, automated clash detection and model-based quantity take-off across infrastructure delivery. They argue that a government-led framework is needed to address data standards for BIM models, liability around AI-assisted design decisions and procurement rules for digitally enabled consultancies. For civil and geotechnical engineers, a formal strategy could accelerate adoption of AI for design optimisation, risk analysis and asset management while clarifying regulatory expectations.
Dogger Bank offshore wind farm has completed installation of all foundation components, with contractors fitting the final transition piece to bring the total to 277 units across the three phases in the North Sea. The transition pieces, which connect monopile foundations to turbine towers, are critical for tolerances, corrosion protection and access systems in water depths and metocean conditions typical of the central North Sea. Completion of the foundation phase clears the way for full-scale turbine erection and cable hook-up, locking in geotechnical and structural design assumptions for the remaining works.
Retrofitting existing drainage networks with targeted flood alleviation systems is presented as a cost‑effective way to cut flood damage to roads, bridges and buildings without full asset replacement. Measures such as upsizing critical pipe runs, adding offline attenuation tanks and retrofitting flow‑control devices to manholes can be installed within constrained urban corridors and brownfield sites, often using trenchless techniques to limit traffic disruption. For designers, the key message is to prioritise adaptable, modular components that can be phased in as rainfall data, catchment behaviour and development density evolve.
Gloucestershire County Council has launched procurement for a four‑year, multi‑supplier highways construction framework worth an estimated £60M to deliver works across the county’s strategic road network. The framework is expected to bundle major schemes such as carriageway reconstruction, junction upgrades and structures maintenance into call‑off contracts, replacing one‑off tenders to cut programme time and interface risk. Contractors will need capability for traffic management on live A‑roads, drainage and pavement rehabilitation, and coordination with existing term maintenance providers.
Gravis Robotics has raised $23M (£17.4M) and signed commercial agreements to deploy its autonomous excavator and earthmoving control systems across the UK, United States and Europe. The company’s retrofit technology automates standard excavators for tasks such as bulk earthworks and trenching, using sensor suites and software to operate without an in-cab driver. For contractors and clients, the move signals faster adoption of robotic plant on major infrastructure schemes, with implications for site staffing models, machine utilisation and earthworks planning.
Aecom has been appointed by the North East Combined Authority to undertake new technical and economic feasibility studies for reopening the 34km Leamside Line between Pelaw and Tursdale Junction, a key parallel route to the East Coast Main Line. The work will assess track, signalling and structures requirements for restoring passenger and freight capacity on the currently disused corridor, including potential electrification options and junction upgrades. Outcomes will guide future business case development, funding bids and staging of any phased reconstruction works.
Cemex UK has secured almost £30M in High Court–ordered compensation after land compulsorily purchased for the HS2 rail scheme forced the closure of one of its concrete manufacturing plants. The ruling centres on valuation of industrial land taken for the high-speed line and loss of production capacity from a strategically located ready-mix facility. Contractors relying on HS2-aligned supply chains may face further disruption as similar compensation claims from displaced quarries, batching plants and depots progress.
A 19th‑century heritage footbridge in Gloucestershire collapsed when an excavator, incorrectly loaded onto a works train, struck the structure on the Gloucestershire Warwickshire Steam Railway. RAIB found the plant had been positioned too high on a flat wagon by a volunteer with limited competence and no formal loading plan, breaching the line’s own loading rules. The report presses heritage and volunteer‑run railways to adopt formal competence management, documented loading procedures and clearer structural clearance checks for overbridges and footbridges.
Thousands of Network Rail engineers and contractors will deliver a 22‑day blockade of the West Coast Main Line from 24 December to 15 January for concentrated upgrades between London and the Scottish border. Works are expected to focus on track renewals, signalling and overhead line equipment on key four‑track sections, timed to coincide with the seasonal shutdown to minimise passenger and freight disruption. Geotechnical and civil teams should anticipate intensive access to constrained rail corridors, tight possession windows at junctions, and complex interface management with existing electrification and drainage assets.
Government has committed a “record” £7.3bn in capital funding for local highway maintenance between 2026‑27 and 2029‑30, earmarked for carriageway resurfacing, bridge works and drainage upgrades on council‑managed A, B and unclassified roads in England. Access to funds will be conditional on new transparency rules, including annual publication of network condition data, planned works and actual spend at local authority level. For engineers, the package signals a medium‑term pipeline of pavement rehabilitation, structures maintenance and asset management commissions, but with closer central scrutiny of performance and value for money.
Greatland Resources has released a feasibility study for the Havieron gold–copper project in Western Australia’s Paterson Province, confirming a long-life underground operation using bulk stoping beneath the existing Telfer processing hub. The study details a decline-access mine targeting high-grade breccia and sulphide mineralisation, with ore to be trucked to Telfer for treatment through existing crushing, grinding and flotation circuits. For geotechnical and mine planners, the integration with Telfer infrastructure reduces surface footprint and shifts design focus to deep underground stability, paste backfill and haulage optimisation.
Pilbara Minerals has appointed Alex Willcocks as chief financial officer as it pursues “global growth opportunities” for its Pilgangoora lithium operation in Western Australia. The ASX 100 miner, which produced over 600,000 tonnes per annum of spodumene concentrate in recent years, is signalling a stronger focus on capital allocation, downstream partnerships and potential offshore expansion. For mining engineers and project teams, the move points to sustained investment in Pilgangoora expansions, processing upgrades and possible conversion capacity outside Australia.
MASPRO is expanding supply of precision-engineered, locally manufactured mining components such as drill rig parts, wear assemblies and hydraulic fittings to reduce downtime and freight delays in Australian operations. The company focuses on tight-tolerance machining, material traceability and rapid turnaround for OEM-equivalent components, aiming to extend service life in high-impact applications like underground development drilling and production stoping. For maintenance and reliability teams, local manufacture reduces lead times, supports planned shutdowns and mitigates supply-chain risk compared with imported spares.
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