Japan Gold shares plunge as Barrick alliance ends
The strategic alliance between Japan Gold (TSXV: JG) and Barrick Mining (TSX: ABX; NYSE: B) is coming to an end after more than five years and C$23 million ($17 million)…
Articles by Mining.com Staff
Indonesia halts Grasberg to seek trapped workers
Indonesia’s government has reached an agreement with Freeport Indonesia to halt operations at the Grasberg mine to prioritize the search for workers trapped after a recent accident, Reuters reported, citing…
NexGold nets royalty deal, eyes $175M financing
NexGold Mining (TSXV: NEXG; US-OTC: NXGCF) has secured a $24-million (C$33.5-million) royalty agreement with Appian Capital Advisory and signed a non-binding deal for as much as $175 million in project…
Glencore, Amrize win BC reclamation awards
Glencore’s (LSE: GLEN) Canadian coal unit, Elk Valley Resources, and building materials company Amrize (NYSE: AMRZ) led the honours at the 48th British Columbia mine reclamation awards this week. Elk…
Zijin becomes world’s No. 3 miner on $100B valuation
China’s Zijin Mining Group (HKG: 2899) has climbed past the $100 billion threshold in market capitalization for the first time, propelling it into the No. 3 spot globally, overtaking Glencore…
Mining profits face nature-related threats: Barclays
Mining companies could see earnings drop by as much as 25% over five years due to nature degradation, Barclays said in a new report. The bank’s stress test, published in Navigating…
Grasberg halt hikes copper; Freeport in ‘penalty box’
Copper climbed on Wednesday after Freeport-McMoRan (NYSE: FCX) declared force majeure on contracted supplies from its Grasberg block cave mine in Indonesia, tightening an already firm market. Three-month copper traded…
Kinross Gold sells all of its Asante stock
Kinross Gold (TSX: K, NYSE: KGC) has sold its entire shareholding in Asante Gold (TSXV: ASE) at a discount, without providing reasons for the divestment. Kinross sold about 36.9 million…
Aura achieves commercial production at Borborema
Aura Minerals (TSE: ORA; Nasdaq: AUGO) says it has achieved commercial production at its Borborema gold project, its third operating asset in Brazil and fifth globally. In a news release…
Appian sells royalty, streaming assets to Versamet
Mining advisory firm Appian Capital sold two royalty and streaming assets to Canada’s Versamet Royalties (TSXV: VMET) for up to US$170 million in cash, of which $125 million is paid…
Newmont pours first gold at Ahafo North in Ghana
Newmont (NYSE: NEM; TSX: NGT; ASX: NEM) has poured first gold at its Ahafo North project in Ghana, marking a critical milestone toward commercial production in this year’s fourth quarter….
Appian secures $150M loan for Namibia mine expansion
Appian Capital Advisory has secured a $150 million debt facility from Standard Bank to complete the expansion of its majority-owned Rosh Pinah zinc mine (RPZ) in southern Namibia. The financing…