Gold miner Navoi issues $500M Eurobond
Navoi Mining & Metallurgical Co., the world’s fourth-largest gold miner, has placed a new $500 million corporate bond in London following a $1-billion issue in October as the company preps…
Articles by Mining.com Staff
Rio’s $1.7B upgrades century-old Quebec hydro dam
Rio Tinto (ASX: RIO) is investing $1.7 billion (US$1.22 billion) to modernize its Isle-Maligne hydroelectric power plant in Quebec, first commissioned in 1926, to make aluminum production more efficient. The…
Video: Suspect arrested in Peru gold mine massacre
The main suspect in the kidnapping and murder of 13 gold miners in Peru has been arrested in Colombia, according to the Peru’s Ministry of the Interior. Miguel Antonio Rodríguez…
Lynas produces first heavy rare earths outside China
Australia’s Lynas Rare Earths (ASX: LYC) has become the first producer of so-called ‘heavy’ rare earths outside of China following the successful production of dysprosium at its Malaysia plant. Dysprosium…
Tungsten prices hit 12-year high on China’s limits
European tungsten prices have surged to their highest level since 2013, driven by China’s tightening grip on critical mineral exports and rising demand from sectors like electronics, defence and renewable…
Kazakhstan to build on $1B in investments
Kazakhstan, the world’s largest uranium producer, wants to diversify its mining sector and build on $1 billion (C$1.4 billion) in private investment over the past five years, a conference in…
Agnico lifts Foran stake but copper project costs jump
Canada’s Agnico Eagle (TSX, NYSE: AEM) is increasing its stake in Foran Mining (TSX: FOM) which is coping with increased capital costs for its McIlvenna Bay copper-zinc-gold-silver project in Saskatchewan. …
First Quantum mine closure sucks $1.7B from Panama
First Quantum Minerals (TSX: FM) says its shuttered copper mine in Panama would have contributed more than $1.7 billion (C$2.38 billion) to the Latin American nation’s economy had it remained…
Saudis enter rare earths with MP Materials deal
MP Materials (NYSE: MP) has signed a deal with Saudi Arabia’s state miner Ma’aden to develop a rare earths supply chain in the kingdom, covering everything from mining to magnet…
Cobalt deficit due by early 2030s: industry group
Global cobalt demand is projected to rise faster than supply over the next decade, shrinking the current market surplus and potentially pushing the sector into deficit by the early 2030s,…
Aya Gold & Silver gains on record quarter
Aya Gold & Silver (TSX: AYA; OTCQX: AYASF) shares soared on Tuesday after the Canadian miner posted a record-breaking quarter, as well as new funding to support its growth in…
Talon shares surge on ‘historic’ sulphide discovery
Rio Tinto (ASX: RIO)-backed Talon Metals (TSX: TLO) announced on Monday it has made a “historic” discovery at the Tamarack nickel-copper project in central Minnesota. Shares of the company hit…