Top 10: Down Under giants adapt to global shifts
In The Northern Miner’s annual look at the world’s largest miners, Australia always figures prominently. This is third in a series after Canada and the United States. The southern continent’s…
Financial Matters, M&A
Fresnillo lifts gold forecast on first-half surge
Shares in Fresnillo (LSE: FRES) jumped 6% on Tuesday after the Mexican precious metals miner raised its gold production forecast for the year, driven by a strong first-half performance of…
Orla cuts output target after Mexico wall slide
Orla Mining (TSX: OLA; NYSE: ORLA) said it will produce about 5% less gold than planned this year at higher costs after deferring some production following last month’s pit-wall failure at the…
Agnico rises on record quarterly profit, free cash flow
Agnico Eagle Mines (TSX, NYSE: AEM) shares rose after the Canadian miner reported record quarterly profit and free cash flow on the strength of rising gold prices. Adjusted net income…
Adriatic lifts output, trims forecast pre-Dundee M&A
Adriatic Metals (ASX, LSE: ADT) reported strong gains in silver and gold production in the second quarter even as it lowered full-year projections ahead of its planned acquisition by Dundee…
Temas CEO targets dual ASX listing by September
Temas Resources (CSE: TMAS) is working on an Australian Stock Exchange listing that will help the Canadian explorer and metals technology company broaden its investor base and advance two titanium-vanadium-iron projects…
McEwen to buy Canadian Gold for $73M
Canadian miner McEwen (TSX, NYSE: MUX) agreed to buy smaller rival Canadian Gold (TSX-V: CGC) to add the mothballed Tartan mine in Manitoba and exploration properties in Ontario and Quebec….
NexGen buys Rio stake in Athabasca properties
NexGen Energy (TSX, NYSE: NXE; ASX: NXG) is now the full owner of its portfolio of exploration assets in the southwest Athabasca Basin after consolidating a minority interest held by…
US targets mine waste to boost critical minerals supply
The U.S. government is launching a new effort to extract valuable critical minerals – including rare earths, lithium, cobalt and uranium – from mine waste and abandoned sites in a…
Gem Diamonds to cut jobs amid industry collapse
Gem Diamonds (LSE: GEMD) has become the latest casualty in a deepening crisis engulfing the global diamond industry, announcing sweeping cost-cutting measures as the market buckles under falling prices and…
Paladin Energy sinks as guidance underwhelms
Shares of Paladin Energy (ASX, TSX: PDN) declined on Wednesday after delivering an underwhelming uranium production guidance for the 2026 financial year despite reporting its best operating quarter. The Australian…
KoBold signs Congo deal to boost US mineral supply
The Democratic Republic of Congo and U.S.‑based Kobold Metals have struck a preliminary mineral exploration agreement that deepens American involvement in the country’s critical‑minerals sector. The deal opens the door…