Banyan Gold assays may link AurMac deposits
Drilling by Banyan Gold (TSX-V: BYN; US-OTC: BYAGF) has returned high-grade results at its AurMac project in Yukon that point to mineralization potentially bridging the gap between the Airstrip and…
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BC upholds $800,000 Anglo American penalty
British Columbia’s Environmental Appeal Board has upheld a ruling that handed Anglo American (LSE: AAL) an $800,000 (US$580,000) fine after it repeatedly failed to comply with its environmental permit at…
Anglo sells rest of Amplats
Anglo American (LSE: AAL) sold its final stake in Valterra Platinum (JSE: VAL), formerly Anglo American Platinum (Amplats), as part of restructuring it began last year. The deal for the…
Freeport doubles down on Amarc’s JOY project
Freeport-McMoRan (NYSE: FCX) is injecting another $75 million (US$54 million) into Amarc Resources’ (TSX-V: AHR) JOY copper project in British Columbia, moving into stage two of an earn-in agreement signed…
Ivanhoe makes copper discovery in Kazakhstan
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) announced on Thursday that it has made a copper discovery in Kazakhstan warranting follow-up probing. The new copper discovery at its exploration joint venture…
Vale to spend $12.2B in Brazil as Capanema reopens
Vale (NYSE: VALE) has officially reopened the Capanema iron ore mine in Brazil after a 22-year halt as part of a 67-billion real (US$12.2-billion) investment strategy through 2030. The reactivated…
Freeport CEO urges US aid to grow copper
United States mining giant Freeport-McMoRan (NYSE: FCX) is calling on the Trump administration to sweeten incentives for domestic copper producers and cut permitting times to help offset weak metal grades,…
Teck hits growth pause to fix Chile copper mine
Teck Resources (TSX: TECK.A, TECK.B); NYSE: TECK), Canada’s largest diversified miner, has deferred major expansion projects while it works to fix output problems at its flagship Quebrada Blanca (QB) copper…
World Gold Council proposes digital gold; price spikes
The World Gold Council has a new plan to allow investors to hold and trade digital versions of the yellow metal, issued on the same day the gold price set…
Lynas flags Texas rare earths plant uncertainty
Australia’s Lynas Rare Earths (ASX: LYC), the largest rare earths producer outside China, sees “significant uncertainty” around its proposed Texas heavy rare earths plant, pivoting instead to serve U.S. buyers…
Codelco warns Chile’s copper output may stall
Chile’s state-owned copper giant Codelco is warning that national production could stagnate at about 5.5 million tonnes per year as the industry faces mounting challenges. Chairman Máximo Pacheco said at…
Fury Gold’s Eau Claire study posits 41% return
Fury Gold Mines’ (TSX, NYSE-A: FURY) first economic study of its Eau Claire gold deposit in Quebec shows strong returns across three development concepts. The base case using a gold…