Cleveland-Cliffs seeks US Steel with Nucor: CNBC
Cleveland-Cliffs (NYSE: CLF) is reportedly collaborating with its rival Nucor (NYSE: NUE) on a potential bid to acquire US Steel (NYSE: X), CNBC reported on Monday. This development follows the Biden…
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Canadian Mining Hall of Fame adds Boyd, Giustra, MacLean, Sheahan
Sean Boyd, the chair of Agnico Eagle Mines (TSX: AEM; NYSE: AEM), recalled when the company’s performance prompted CNN’s Mad Money host Jim Cramer to eat a crow sandwich on…
Stillwater Critical Minerals scrambles for DoD dollars
Stillwater Critical Minerals (TSXV: PGE; US-OTC: PGEZF) is exploring to boost its nickel-palladium project in Montana as it awaits word due this year on Defense Department funding. Glencore (LSE: GLEN),…
Snow Lake Energy discovers gallium in Ontario
Snow Lake Energy (NASDAQ: LITM) said on Monday it has made a new gallium discovery at the Mound Lake property in Ontario to complement its existing portfolio of lithium and…
Copper smelting fees to remain low amid tight supply
Copper concentrate treatment and refining charges (TC/RCs) paid by mining companies to smelters are expected to stay depressed throughout 2025 amid reduced supply, according to commodity analysis firm Fastmarkets. In…
Mosaic to sell Brazilian phosphate mine for US$125M
Tampa-based fertilizer company Mosaic (NYSE: MOS), the world’s fourth-largest potash producer, said on Monday that it has agreed to sell a phosphate mine and tailings dams in Brazil to local…
Mali airlifts gold from Barrick mine: Reuters
The Malian junta is choppering gold stockpiles out of Barrick Gold‘s (TSX: ABX; NYSE: GOLD) Loulo-Gounkoto complex, Reuters reports. The airlift began Saturday, the newswire said, citing four sources close…
Zijin in talks to buy US$6.4B China lithium miner
Chinese copper and gold producer Zijin Mining Group (HK: 2899) revealed on Friday it is in talks with Zangge Mining’s top two shareholders to buy a controlling stake in the lithium…
Hudbay increases stake in Arizona Sonoran to 9.99%
Hudbay Minerals (TSX, NYSE: HBM) has upped its stake in Arizona Sonoran Copper (TSX: ASCU, OTCQX: ASCUF) with the purchase of 11.85 million shares under a private placement. The Arizona…
Lundin Gold exceeds guidance with record production
Lundin Gold (TSX: LUG; US-OTC: LUGDF) exceeded last year’s production guidance with a record output of 502,029 oz. from its Fruta del Norte gold mine in Ecuador. It set its…
Gatos Silver posts solid 2024, preps takeover by First Majestic
Gatos Silver (TSX: GATO; NYSE: GATO) has topped its 2024 production guidance at the Cerro Los Gatos mine in Mexico. Record throughput and higher-than-expected silver-equivalent output drove strong results. The…
Altius Minerals wins arbitration decision on Nevada gold royalty rights
Altius Minerals (TSX: ALS; US-OTC: ATUSF) says it’s won a partial arbitration ruling that could give the company expanded royalty rights over the Silicon gold district of Nevada. Shares of…