London Symposium: Japan Gold seeks new partners
Japan Gold (TSXV: JG; US-OTC: JGLDF) has begun talks with various investors looking to jointly explore for gold and develop mines in the Asian country after an alliance with Barrick…
Financial Matters, M&A
Appian backs Atlantic’s Barrick mine buyout with $150M
U.K. private-equity firm Appian Capital Advisory said on Wednesday it has provided a US$150 million financing package to support the Atlantic Group’s buyout of a West African gold mine from…
Site visit: Fortuna’s Séguéla gold mine poised for growth
Séguéla, Côte d’Ivoire – Fortuna Mining’s (TSX: FVI; NYSE: FSM) success in expanding its flagship Séguéla mine in Côte d’Ivoire has surprised even some of its own employees. Vancouver-based Fortuna last month…
Glencore cuts 2026 copper target, plots long-term jump
Mining and commodities giant Glencore (LSE: GLEN) plans to expand annual copper production to about 1.6 million tonnes by 2035 as it seeks to reverse a multi-year slump in output….
Jansen ‘learnings’ key to limiting costs: BHP executive
BHP (NYSE, LSE, ASX: BHP) wants to use lessons from its maiden foray into potash production to ensure that a subsequent expansion of the facility is completed at or under…
Anglo-Teck deal gets Canada security OK: report
Canada’s federal government has cleared Anglo American’s (LSE: AAL) proposed combination with Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) on national security grounds, The Globe and Mail reported, citing an…
DPM forecasts higher output at Serbia gold project
Canadian miner DPM Metals (TSX: DPM; ASX: DPM) said a feasibility study for the Čoka Rakita project in Serbia shows increased output and higher value generation compared with an earlier…
Barrick paid $430M to settle Mali dispute: Bloomberg
Barrick Mining (NYSE: B; TSX: ABX) paid nearly the same amount as the back taxes Mali’s junta claimed it owed, ending a long dispute that had shuttered a mine once…
Ivanhoe Electric gets $200M loan for U.S. copper mine
Ivanhoe Electric (NYSE-A, TSX: IE) says it’s secured a $200 million (C$280 million) bridge loan from a bank syndicate amid a push to build the next major United States copper…
Vizsla sees 7-month payback for Panuco project
Vizsla Silver (TSX, NYSE: VZLA) said a new study shows the company would need less than a year to recoup its investment if it proceeds with the flagship Panuco silver-gold…
Nuclear to get lion’s share of U.S. loans: official
Nuclear power will receive most of the money from the U.S. Energy Department’s loan office as part of a government push to ensure new reactors are built quickly, Energy Secretary…
SSR Mining adds 12 years to Colorado gold mine
SSR Mining (Nasdaq, TSX: SSRM) said a new technical study for the recently acquired Cripple Creek & Victor (CC&V) gold mine in Colorado extends the asset’s mineral reserve estimate and projected…