Copper price won’t top $11,000 for long: Goldman
Goldman Sachs Group is seeking to curb enthusiasm over copper’s record-breaking rally, saying the metal’s breakout above $11,000 a tonne is unlikely to last as global supplies remain adequate. In…
Articles by Mining.com Staff
Osisko Metals surges on C$32.5M investment for Gaspé
Osisko Metals (TSX: OM) is set to receive a C$32.5 million investment boost from big names in the industry to support its development of the Gaspé copper project in Quebec….
Appian backs Atlantic’s Barrick mine buyout with $150M
U.K. private-equity firm Appian Capital Advisory said on Wednesday it has provided a US$150 million financing package to support the Atlantic Group’s buyout of a West African gold mine from…
Kodal ships first lithium from Mali to China
Kodal Minerals (LSE: KOD) says it has completed its first shipment of lithium spodumene concentrates produced at its Bougouni mine in southern Mali to its offtake partner in China. A…
Ivanhoe Mines fires up Africa’s largest copper smelter
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) recently ignited what it touts as the largest and greenest copper smelter in Africa, with first feed of concentrates by the end of this…
Montage acquires African Gold for $170M
Montage Gold (TSX: MAU, US-OTC: MAUTF) is acquiring Australia’s African Gold (ASX: A1G) in a move that expands the company’s presence in Côte d’Ivoire and adds nearly 1 million oz….
Eldorado Gold grows reserves by 5%
Eldorado Gold (TSX: ELD, NYSE: EGO) says it has increased its mineral reserve base in support of a strong production outlook for the coming years. Shares rose. The total reserves,…
Rio Tinto to sell US boron assets: report
Rio Tinto (ASX, LSE: RIO) is looking to sell its boron assets in California as part of the group’s ongoing efforts to simplify its operating model, according to Bloomberg. The…
BHP exits latest approach to buy Anglo, adding twist to merger saga
BHP (NYSE, LSE, ASX: BHP) has made another approach to buy Anglo American (LSE: AAL) despite the London-listed miner’s proposed merger with Canada’s Teck Resources (TSX: TECK.A/TECK.B). On Sunday, BHP,…
US EXIM to invest $100B in mining, energy
The U.S. Export-Import Bank (EXIM) plans to invest $100 billion in support of the Trump administration’s strategy of striving for global energy dominance, according to the London-based Financial Times. Newly…
Anglo’s Quellaveco copper output hits 1M tonnes
Anglo American’s (LSE: AAL) Quellaveco copper mine in southern Peru has produced 1 million tonnes of copper since operations began in 2022, marking a major milestone for one of South…
Aris pays $80M for full ownership of Soto Norte
Aris Mining (TSX: ARIS; NYSE-A: ARMN) has gained full ownership of the Soto Norte gold project in Colombia after reaching an $80-million deal to buy out the remaining 49% joint…