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 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’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…
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 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…
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 (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 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…
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 (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 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…
Neo Performance Materials (TSX: NEO; US-OTC: NOPMF) has officially opened its $75-million facility in Estonia, becoming the first to mass produce rare earth magnets for Europe’s automotive and wind energy…
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