Americas Gold swap ends 600K oz silver stream burden
Americas Gold and Silver (TSX: USA; NYSE-A: USAS) agreed to end remaining silver delivery obligations to Sprott Mining in exchange for nearly 8 million shares, removing future debt tied to…
Financial Matters, M&A
How to dodge the Iran war acid shortage: one miner bought its own plant
Marimaca Copper (TSX: MARI, ASX: MC2) is moving to protect its $587-million (C$810 million) capex namesake oxide project from a volatile sulphuric acid market in Chile. As the explorer pivots…
Lithium price spurs MinRes to reboot Bald Hill mine
Mineral Resources (ASX: MIN) is restarting its Bald Hill lithium mine in Western Australia after an 18-month hiatus, citing improved market conditions to support production. The restart follows a significant…
Westgold sells Chalice project to Corazon for A$25.7M
Australian gold producer Westgold Resources (ASX, TSX: WGX) will sell the Chalice gold project in Western Australia to Corazon Mining (ASX: CZN) for A$25.7 million ($25.1 million), shedding a non-core…
Nouveau Monde to build G7’s biggest graphite mine
Nouveau Monde Graphite (TSX: NOU; NYSE: NMG) is going ahead with the construction of its Matawinie mine in Quebec, a crucial step in the company’s bid to become a North…
Milei OKs Lithium Argentina’s $1.24B growth under RIGI
A $1.24-billion (C$1.7 billion) expansion of Lithium Argentina’s (TSX, NYSE: LAR) Cauchari-Olaroz mine is one of two mining projects approved by Buenos Aires under the country’s large investment incentives program….
Titan, Teck seek germanium from zinc tailings
Titan Mining (NYSE-A: TII) says it is evaluating potential germanium production from its U.S.-based zinc mining in partnership with Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK). Titan and Teck envision…
Agnico to invest $14B in Ontario, province says
Agnico Eagle Mines (TSX, NYSE: AEM) plans to spend $14 billion (US$10.2 billion) in Ontario by 2030 as the province moves to accelerate mine permitting and development, the government said…
Elevra inks $437M financing for Quebec lithium
Australia’s Elevra Lithium (ASX: ELV; Nasdaq: ELVR) unveiled a A$441-million ($437-million) funding package to help expand its North American Lithium (NAL) operation in Quebec and advance pre-development work at the…
Barrick’s $3B buyback sets stage for spinoff
Barrick Mining (TSX: ABX; NYSE: B) launched a $3-billion share buyback on Monday as the world’s third-largest gold producer seeks to attract investors ahead of a planned spinout of its…
Freeport delays Grasberg full restart to early 2028
Freeport-McMoRan’s (NYSE: FCX) Indonesia unit has confirmed the delayed restart of full production at the Grasberg mine, as it continues to recover from a deadly accident last year that dented…
Buenaventura eyes 16-year boost for new Peru mine
Buenaventura (NYSE: BVN), one of Peru’s largest mining firms, is considering extending the life of its San Gabriel gold project in southern Peru by as much as 16 years. The…