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…
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Infographic: Antimony spheres of control
Antimony is a critical mineral—vital for military applications and ammunition, as well as in batteries and semiconductors —yet its global supply is overwhelmingly controlled by China and Russia. In today’s geopolitically charged world, access to antimony is as…
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…
First Quantum scores $1B Royal Gold streaming deal
Canadian miner First Quantum Minerals (TSX: FM) has secured a $1-billion (C$1.38 billion) gold streaming deal with a subsidiary of Royal Gold (Nasdaq: RGLD), the companies announced Tuesday. The agreement…
Fortuna rises on larger gold resource in Senegal
Fortuna Mining (NYSE: FSM; TSX: FVI) has boosted the resource for its Diamba Sud gold project in Senegal ahead of a preliminary economic assessment (PEA) later this year. The project…
Southern Copper, Freeport-McMoRan top U.S. peers as steelmakers retreat
Global miners Southern Copper (NYSE: SCCO), Freeport-McMoRan (NYSE: FCX) and Newmont (NYSE: NEM) once again topped their U.S. peers for market capitalization and earnings while several steelmakers had a down…
Agnico, Barrick lead the pack of top Canada miners
Agnico Eagle Mines (TSX, NYSE: AEM) tops our list of Canadian miners by market value at $81.9 billion (US$59.8 million) at press time. Agnico operates the country’s biggest gold mines…
Quake kills six at Codelco copper mine in Chile
Codelco says all of the five workers trapped at one of the world’s largest underground copper mines have been pronounced dead plus another who died when a powerful tremor caused…
Australia’s gold miners build M&A war chests
Australia’s top gold producers have stockpiled billions of dollars in cash and bullion as record-high gold prices fuelled by geopolitical turmoil and central bank demand swell balance sheets across the…
Deficit math shows gold’s not done, Rule says
By Henry Lazenby in Boca Raton, Florida Rick Rule has an axiom for mining investors facing turbulent markets: “You are either a contrarian or you’re going to be a victim.” …
Lundin Gold strikes Fruta del Norte bonanza
The latest conversion drilling at Lundin Gold’s (TSX: LUG; Nasdaq Stockholm: LUG; US-OTC: LUGDF) Fruta del Norte mine in Ecuador has returned results as high as 9 metres grading nearly…
Canada’s Voisey’s Bay, Sudbury expansions boost Vale nickel, copper output
Vale’s (NYSE: VALE) Canada operations led its second-quarter performance with a 44% rise in nickel output at Voisey’s Bay in Labrador and higher output at its Sudbury operations. Nickel sales…