Barrick’s $3B buyback sets stage for spinoff
Barrick Mining (TSX: ABX; NYSE: B) launched a $3-billion share buyback on Monday as the world’s third-largest gold producer seeks to attract investors ahead of a planned spinout of its…
Articles by Cecilia Jamasmie
Cameco halts Saskatchewan uranium mill after floods
Canadian uranium miner Cameco (TSX: CCO; NYSE: CCJ) has temporarily halted production activities at its Key Lake mill and reduced activity at its McArthur River mine after flooding damaged transport…
TMC, Allseas strike first seabed nodule mining deal
The Metals Company (NASDAQ: TMC) has signed a commercial agreement with offshore engineering giant Allseas to develop and operate what the companies say would be the world’s first commercial deep-sea…
Sherritt shares crater on Cuba sanctions shock
Sherritt International (TSX: S; US-OTC: SHERF) shares plunged 30% on Thursday after the Canadian miner suspended its direct participation in Cuba operations as a result of sweeping new United States…
Gold Fields flags oil shock as mining costs climb
South Africa’s Gold Fields (JSE, NYSE: GFI) reaffirmed its 2026 production and cost guidance on Thursday, but warned that surging energy prices tied to the Iran war are pushing up…
Rio Tinto boss pushes cost cuts with jobs in focus
Rio Tinto (ASX, NYSE, LSE: RIO) CEO Simon Trott said on Wednesday he will continue to streamline the company’s global operations with the goal of reaching billions of dollars in…
TMCR expands into iron ore with $133M US deal
The Metals Royalty Company (Nasdaq: TMCR), a spinoff from seabed mining hopeful The Metals Co. (Nasdaq: TMC), is buying a royalty on Mesabi Metallics’ iron ore project in Minnesota for…
Colombia coal mine explosion kills 9 workers
A coal mine explosion in Colombia’s central Cundinamarca province killed nine workers, only weeks after regulators sounded the alarm about gas risks at the site. The blast occurred at the…
Dominican Republic halts GoldQuest gold-copper project after protests
Dominican Republic President Luis Abinader has ordered a suspension of all activity at GoldQuest Mining’s (TSX-V: CQC) Romero gold-copper project after mass protests over environmental risks Thousands of demonstrators marched…
Forrest said to sell Wyloo’s Yangibana rare earths stake in pivot to nickel
Australian tycoon Andrew Forrest is reportedly seeking buyers for a majority stake in the Yangibana rare earths project in Western Australia its holds through its private investment vehicle Wyloo Metals,…
TMC shares soar as NOAA backs seabed mining plan
Shares in The Metal Company (NASDAQ: TMV) jumped on Friday after a United States Regulator ruled the company’s deep-seabed mining application fully compliant. The decision by the National Oceanic and…
Meridian raises $34M in London market debut
Fresh capital strengthen Meridian’s push to turn its Cabacal project in Brazil into a cornerstone copper-gold asset.