Rio Tinto, partners score major tax break on Simandou
Rio Tinto (ASX, LSE: RIO) and its partners in Guinea’s Simandou iron ore project have reportedly secured corporate tax concessions worth more than half off the standard rate for key…
News
Lithium price may ease again as China mine restarts
Chinese battery producer Contemporary Amperex Technology (CATL) is expected to resume production at its lithium mine in Yichun of Jiangxi province, in a move that could alleviate supply concerns and…
Anglo, Teck strike $50B merger in decade’s top deal
Anglo American (LSE: AAL) is acquiring Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK), Canada’s largest diversified miner, in a $50-billion (C$69-billion) all-share deal that would create the world’s fifth-largest copper…
Beaver Creek: Policy is the new geology, panel hears
Beaver Creek, Colo. – The single biggest driver of returns now isn’t what’s in the rock, it’s what’s on the books, a panel heard on Tuesday at the Precious Metals…
Site visit: Gunnison taps Nuton tech as America’s newest copper producer
COCHISE COUNTY, ARIZ. — Gunnison Copper’s (TSX: GCU; US-OTC: GCUMF) namesake deposit and Johnson Camp Mine sit at two intersections, literal and metaphorical. Nestled among rocky, rolling hills dotted with…
Freeport sinks after Grasberg workers trapped
Freeport-McMoRan (NYSE: FCX) shares sank Tuesday after the company suspended operations at its Grasberg Block Cave underground mine in Indonesia, where a surge of wet material blocked access routes and…
Perpetua advances potential $2B Stibnite loan
Perpetua Resources (TSX, NASDAQ: PPTA) says it received initial terms for a $2-billion U.S. government loan that would almost completely fund restarting the fast-tracked Stibnite project in Idaho, which shut…
Agnico sells out of Orla for $560M
Agnico Eagle Mines (TSX: AEM; NYSE: AEM), Canada’s largest gold miner by output and market value, has sold its 11% stake in Orla Mining (TSX: OLA; NYSE: ORLA) for nearly $561 million…
Beaver Creek: Gold, $50B copper deal bring reset
Beaver Creek, Colo. – Gold’s fresh record above $3,660 per oz. flashed along with the $50-billion (C$69-billion) Anglo American (LSE: AAL)–Teck Resources (TSX: TECK.A TECK.B, NYSE: TECK) merger announcement Tuesday…
Gold miners dominate this year’s TSX30
Mining companies accounted for over half of the entries on this year’s TSX30 — an annual list of the 30 top-performing names on Canada’s largest stock exchange over a three-year…
Energy Fuels soars on magnet production breakthrough
Shares of Energy Fuels (NYSE-A: UUUU) (TSX: EFR) soared on Tuesday after the company said its U.S. mined and processed rare earth products are qualified for making permanent magnets used…
G Mining soars to historic high on Oko, Gurupi results
G Mining Ventures (TSX: GMIN; US-OTC: GMINF) shares soared to an all-time high on Tuesday after the company discovered a new mineralization plunge at its main Oko West project in…