Canada orders security review of Anglo-Teck merger
Canada has launched a national security review of the proposed merger between Anglo American (LSE: AAL) and Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK), Industry Minister Melanie Joly said on…
Articles by Cecilia Jamasmie
Fortescue ends court dispute with former execs
Australia’s Fortescue (ASX: FMG) has agreed to settle its high-stakes lawsuit accusing former executives of stealing company data to build their green iron start-up Element Zero. The iron ore miner had…
Caledonia bets big on Bilboes as Zimbabwe’s next major gold mine
Caledonia Mining (LSE, NYSE-A: CMCL) has approved full development of its Bilboes gold project in Zimbabwe after a feasibility study projected strong returns for what is expected to become the…
Osisko sells Mexican gold asset, keeps key stake
Osisko is selling its non-core San Antonio gold project to Axo Copper, retaining a 9.99% stake in the buyer.
Harmony bets big on copper with $1.6B Eva build
South Africa’s Harmony Gold (JSE: HAR, NYSE: HMY) has approved construction of its $1.6 billion Eva copper project in Australia, setting a three-year build that begins in the third quarter of…
Lundin Mining lifts copper outlook, cuts costs
Canada’s Lundin Mining (TSX: LUN) has raised its forecast for full-year copper output and cut its costs outlook after stronger-than-expected performance at its Caserones mine in Chile. Lundin, which generated…
Nutrien weighs phosphate unit sale
Canada’s Nutrien (TSX, NYSE: NTR), the world’s top potash producer, is reviewing its phosphate business as part of a strategy to simplify operations and boost long-term value. The review could…
Iamgold hits record gold output
Canadian miner Iamgold (TSX: IMG; NYSE: IAG) has reported strong third-quarter results, driven by record production at its flagship Côté gold mine in Ontario and continued debt reduction efforts. The…
Blue Gold secures $140M to restart Ghana gold mine
Shares of Blue Gold (Nasdaq: BGL) jumped as much as 9.6% Wednesday after the junior miner announced it had secured an additional $65 million in funding to restart the Bogoso…
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…
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…