Top 10: Down Under giants adapt to global shifts
In The Northern Miner’s annual look at the world’s largest miners, Australia always figures prominently. This is third in a series after Canada and the United States. The southern continent’s…
Copper
US courts Cook Islands for deep-sea mining
The United States has begun talks with the Cook Islands for research on seabed mineral exploration and development, just months after the South Pacific nation inked cooperation pacts with China that…
The Metals Co. posts first deep-sea resource
The Metals Company (Nasdaq: TMC) has released a prefeasibility study and a resource — the first of its kind — for its seabed mining plans that show a potential return…
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…
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…
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.” …
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…
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…
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…