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…
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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…
Ivanhoe’s Friedland raises Kamoa-Kakula cost outlook
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has started a second stage of dewatering Kamoa-Kakula, Africa’s largest copper operation, but increased its production cash cost forecast by 12%. Two submersible…
Idaho Strategic rises on Hecla gold property deal
Idaho Strategic Resources (NYSE-A: IDR) surged on Friday after purchasing a land package to consolidate its position within the Murray gold belt region, where it already operates the Golden Chest mine….
Eldorado Gold keeps $1B Skouries on track
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) says its Skouries copper-gold project in Greece is on track with its February forecast of first production in early 2026 and commercial output…
JV article: Rackla drills Grad project in Far North
After discovering several precious metals deposits in Central America and Mexico, four of which became mines, veteran mining financer Simon Ridgway has returned to his prospector roots in Canada. The…
US mulls REE price floor to lift output: Reuters
United States government officials are ready to guarantee critical minerals producers a minimum price for their product in a bid to raise domestic output and reduce China’s market dominance, Reuters…
Rescuers still can’t reach Chile copper mine fall
Emergency teams still haven’t reached an earthquake-triggered copper mine collapse in Chile that killed one worker and left five others missing, according to state-run mining giant Codelco. Rescuers as of…
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…