Barrick eyes over $2B in financing for Reko Diq
Barrick Gold (TSX: ABX; NYSE: GOLD) plans to secure more than $2 billion (C$2.84 billion) in financing for its Reko Diq copper and gold project in Pakistan, with term sheets…
Articles by Mining.com Staff
Deep Yellow delays Namibia project on uranium price
Uranium developer Deep Yellow (ASX: DYL) says it will defer the final investment decision on its main Tumas project in Namibia for the second year running, this time until market…
Ivanhoe shares rise on hydropower boost, output
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) says its Kamoa-Kakula copper complex in the Democratic Republic of Congo has reached a “major turning point” following a sizeable increase in imported hydroelectric…
Kinross buys 9.9% of Nevada-focused Eminent Gold
Kinross Gold (TSX: K) is taking a 9.9% equity stake in Eminent Gold (TSXV: EMNT) by partaking in a private placement arranged by the Nevada-focused gold junior. Under the placement disclosed on…
Ontario’s $11B in tariff aid defers mining tax
Ontario plans to provide about $11 billion in relief to workers and businesses to help weather the impact of U.S. tariffs. The support package includes deferring business taxes, including the mining…
Robex on track for first gold from Guinea in Q4
Robex Resources (TSXV: RBX) said on Wednesday it remains on track to deliver first gold from its Kiniero project in Guinea by the end of this year. Shares of the West…
Equinox halts output at Los Filos in Mexico
Equinox Gold (TSX:EQX) announced the indefinite suspension of operations at its Los Filos mine in Guerrero, Mexico. The decision follows failed negotiations for a land access agreement with the community of Carrizalillo….
Endeavour Silver expands into Peru with $145M mine
Endeavour Silver (NYSE: EXK; TSX: EDR) is expanding its operations into Peru with the acquisition of the Kolpa mine in Huancavelica in a $145-million (C$207-million) cash and shares deal. The…
Greenland rare earth project valued at $3B
The PEA demonstrates an internal rate of return (IRR) of approximately 180%.
Sigma Lithium misses earnings but sales surge
Sigma Lithium (TSX-V, NASDAQ: SGML) reported a fourth-quarter 2024 loss of 8¢ per share on Monday, falling short of analysts’ expectations of a 3¢ per share profit. Revenue also missed…
China’s foreign mining investment sets record
China’s overseas mining investment under its Belt and Road Initiative (BRI) hit another peak last year at $21.4 billion (C$30.6 billion), as the government continues to place heavy emphasis on…
Codelco regains title as world’s top copper producer
Codelco has resumed its position as the world’s largest copper producer after reporting 2024 output slightly more than BHP (NYSE: BHP). Chile’s state-owned miner produced 1.44 million tonnes of copper…