Marimaca Copper raises A$80M
Marimaca Copper (TSX: MARI; ASX: MC2) has secured approximately A$80 million (C$72 million) in funding commitment from investors outside of Canada for its projects in Chile’s Antofagasta region. Under the…
Articles by Mining.com Staff
Kinross cuts Asante Gold stake by nearly half
Kinross Gold (TSX: K, NYSE: KGC) has reduced its holding in Ghana-focused Asante Gold (CSE: ASE) by nearly half. It sold 29.9 million Asante shares, about 45% of its holding,…
Rio to buy carbon credits with Caisse backing
Canada’s second-largest pension fund and Australia’s Clean Energy Finance Corp. (CEFC) are investing in a carbon credits platform helping Rio Tinto (NYSE, LSE, ASX: RIO) cut its emissions footprint. La…
Pan American assays boost outlook at La Colorada
Pan American Silver (NYSE, TSX: PAAS) reported major drill results from its La Colorada mine in Zacatecas, Mexico, pointing to new high-grade silver veins that could expand mineral resources, extend…
China’s steel demand share to plunge 36% by 2050
China’s steel consumption is projected to decline steadily over the next decade, marking a structural shift in global demand dynamics, according to a new report from Wood Mackenzie. The country…
Uranium demand to surge nearly 30% by 2030
Global uranium demand is expected to soar as nuclear power cements its role in the clean energy transition, according to the World Nuclear Association’s biennial Nuclear Fuel Report released Friday. The…
Gold price could see $5,000 if Trump keeps attacking Fed: Goldman Sachs
U.S. President Donald Trump’s war against the Federal Reserve may send gold prices to as high as $5,000 an oz. by driving down investor confidence in the dollar, Goldman Sachs…
BC upholds $800,000 Anglo American penalty
British Columbia’s Environmental Appeal Board has upheld a ruling that handed Anglo American (LSE: AAL) an $800,000 (US$580,000) fine after it repeatedly failed to comply with its environmental permit at…
Freeport doubles down on Amarc’s JOY project
Freeport-McMoRan (NYSE: FCX) is injecting another $75 million (US$54 million) into Amarc Resources’ (TSX-V: AHR) JOY copper project in British Columbia, moving into stage two of an earn-in agreement signed…
Ivanhoe makes copper discovery in Kazakhstan
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) announced on Thursday that it has made a copper discovery in Kazakhstan warranting follow-up probing. The new copper discovery at its exploration joint venture…
Vale to spend $12.2B in Brazil as Capanema reopens
Vale (NYSE: VALE) has officially reopened the Capanema iron ore mine in Brazil after a 22-year halt as part of a 67-billion real (US$12.2-billion) investment strategy through 2030. The reactivated…
World Gold Council proposes digital gold; price spikes
The World Gold Council has a new plan to allow investors to hold and trade digital versions of the yellow metal, issued on the same day the gold price set…