Rio Tinto, Glencore in M&A talks: Bloomberg
Rio Tinto (NYSE, LSE, ASX: RIO) and Glencore (LSE GLEN) have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant and…
Stock Markets/Investing
SSR’s Turkey mine deaths blamed on design
SSR Mining (Nasdaq, TSX: SSRM; ASX: SSR), the third-largest U.S.-based gold miner, says an independent review shows a heap leach design flaw mostly likely killed nine workers at the Çöpler…
Standard Lithium, Equinor secure US$225M to develop Arkansas project
Standard Lithium (TSXV: SLI) announced on Thursday that it has closed a US$225-million grant from the U.S. Department of Energy to to support the stage-one construction of the South West…
First Quantum cuts guidance on Zambia delays
First Quantum Minerals (TSX: FM) has cut its copper guidance by 3.5% at the midpoint, citing Zambian mine sequencing, while politics has kept Cobre Panama idle. The Toronto-headquartered company now…
Antofagasta misses copper target, keeps guidance
Chilean miner Antofagasta (LSE: ANTO) reported on Thursday that its copper production for 2024 fell below company expectations, despite exceeding its total output for the previous year. The company, Chile’s…
Atlas to build NA’s first salt mine in decades
Atlas Salt (TSXV: SALT) says it plans to develop the Great Atlantic Salt (GAS) deposit in Newfoundland and Labrador into the continent’s first mine for the kitchen and winter road…
Hummingbird reaches $16.4M deal with Mali
Africa-focused Hummingbird Resources (AIM: HUM) announced on Wednesday it had reached an an agreement with Mali’s military-led government to operate the Yanfolila gold mine under the country’s new mining code. As part…
Arafura secures A$200M for Nolans rare earths project nearing build decision
Arafura Rare Earths (ASX: ARU) has secured a A$200-million ($180-million) investment from the Australian government’s National Reconstruction Fund Corp. to advance the A$2.8-billion capex Nolans rare earth project in the…
Uranium junior Auric Minerals picks up three projects in Quebec, shares rise
Canadian uranium explorer Auric Minerals (CSE: AUMC) has added three Quebec-based projects in a bid to strengthen its regional exploration strategy in Eastern Canada. Under an option agreement signed with…
Yukon Metals samples up to 3.49% copper at AZ
Yukon Metals (CSE: YMC; US-OTC: YMMCF) shares rose on Wednesday after it released sampling results from the AZ project with copper grades as high as 3.49%. The Canadian junior kicked…
London Symposium JV Video: Honey Badger Silver bets on ETF stance
Honey Badger Silver (TSXV: TUF) is building a silver-focused investment vehicle, positioning itself like a silver exchange-traded fund (ETF) with 40 million oz. silver and 2 billion lb. zinc in…
Barrick halts Mali mine after junta seizes gold
Barrick Gold (TSX:ABX; NYSE:GOLD) followed through with its threat to suspend operations at its Loulo-Gounkoto complex in Mali after the military-led government moved gold stocks to a custodial bank. “Barrick…