Codelco grows copper output despite mine collapse
Chile’s state-owned copper giant Codelco, the world’s largest producer of the metal, expects 2025 and 2026 production to slightly surpass last year’s output, signalling resilience in the face of a…
Articles by Cecilia Jamasmie
Coeur Mining buys New Gold for $7B
Coeur Mining (NYSE: CDE) is acquiring Canada’s New Gold (TSX: NGD) in an all-stock deal valued at about $7 billion, creating a new North American mining heavyweight amid record gold…
Teck’s QB upturn bodes well for $53B Anglo merger
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) said on Monday its Quebrada Blanca (QB) mine in Chile is showing signs of recovery, following months of underperformance that raised questions about…
Kodal Minerals keeps Mali lithium mine running as Islamic militants advance
West Africa-focused Kodal Minerals (LSE: KOD) says operations at its Bougouni lithium mine in southern Mali remain unaffected despite escalating security tensions near the capital, Bamako. The London-listed company said…
Fresnillo enters Canada with $780M Probe Gold buy
Mexican precious metals miner Fresnillo (LSE: FRES) is acquiring Canada’s Probe Gold (TSX: PRB) for $780 million (US$556 million) in cash, marking the company’s first entry into North America. Fresnillo…
Agnico’s $130M Avenir to probe beyond gold
Canada’s Agnico Eagle Mines (TSX, NYSE:AEM) has launched a new subsidiary, Avenir Minerals, to manage and advance nearly $80 million in early-stage critical minerals investments. The Toronto-based gold miner plans…
Glencore output on target despite copper fall
Shares in Glencore (LSE: GLEN) climbed on Wednesday after the Swiss miner and commodities trader said it remains on track to meet its full-year production targets, easing investor concerns about…
EU urged to boost critical minerals push
The European Union must ramp up support for its critical minerals sector and allow greater state intervention to counter China’s rare earth export curbs, the European Initiative for Energy Security…
US and Japan strike rare earths deal
The United States and Japan have signed a framework agreement to secure the supply of rare earths and critical minerals, aiming to reduce reliance on China’s dominant position in the…
Banks, investors pumped $52B into met coal between 2022 and 2024: report
German environmental and human rights group Urgewald has found how major financial institutions continue to bankroll the metallurgical coal industry, funnelling nearly $52 billion into mine expansions between 2022 and…
Perpetua gets $255M from JPMorgan, Agnico Eagle
Perpetua Resources (Nasdaq, TSX: PPTA) has secured $255 million in new investments from JPMorgan Chase and Agnico Eagle (TSX, NYSE: AEM), giving the U.S.-focused gold and antimony developer a major…
Trilogy jumps as US reinstates Alaska road permits
Shares of Trilogy Metals (TSX, NYSE-A: TMQ) surged Friday after United States authorities reinstated critical federal permits for a controversial 340-km (211-mile) access road in Alaska’s Ambler mining district. Trilogy…