Rio to ship Guinea iron ore this year; sells Winu stake
Rio Tinto (NYSE, LSE, ASX: RIO) expects to ship its first iron ore from the Simandou project in Guinea this November, Gerard Rheinberger, the company’s managing director for Simandou, told…
Copper
Friedland-backed Cordoba sells Alacrán copper project
Cordoba Minerals (TSXV: CDB; US-OTC: CDBMF) has agreed to sell its remaining half-interest in the Alacrán copper project to a consortium of investors including China’s JCHX for cash of up…
Gates, Bezos-backed KoBold eyes DRC lithium project
KoBold Metals, the mining startup backed by Bill Gates and Jeff Bezos, says it plans to invest $1 billion in the Democratic Republic of Congo after inking a framework deal…
Grey Fox emerges as McEwen’s growth driver
McEwen Mining (NYSE, TSX: MUX) is banking on the Grey Fox deposit to drive production growth at its Fox Complex just outside Timmins, Ontario. McEwen plans to lift Fox Complex…
Goldman Sachs hikes copper price forecast
Goldman Sachs has raised its near-term copper price outlook, citing a de-escalation in global trade tensions and resilient demand from top consumer China. In a note published Wednesday, the bank…
Barrick cuts ‘Gold’ from name as metal prices fuel profit
Canada’s gold giant Barrick (TSX: ABX; NYSE: GOLD) has officially changed its name to Barrick Mining Corporation, or Société minière Barrick in French, and reported stronger-than-expected first-quarter profit that was…
Copper price volatility to persist on tariff risks
The global copper market has resembled a rollercoaster ride in recent weeks. After surging to a record high in late March amid concerns over U.S. tariffs, the metal quickly plunged…
Centerra update lifts tonnages at BC’s Kemess project
Centerra Gold (TSX: CG; NYSE: CGAU) has issued a resource update that increases by more than 10 times the tonnages at its Kemess project in the Toodoggone district of north-central…
Private equity mining deals to rise: S&P Global
Private equity deals in the mining sector are expected to grow as demand for minerals essential to the global energy transition continues to rise, S&P Global says in a new report….
Contango targets 200,000 direct-ship oz. by 2029
Contango Ore (NYSE-A: CTGO) published its first assessment of the Johnson Tract project in southeast Alaska on Tuesday, showing positive economics and costs per ounce around a quarter of the…
Lundin/BHP’s first Filo copper resource ranks Chile project among world’s largest
Lundin Mining (TSX: LUN) says an initial mineral resource estimate shows its jointly owned Filo del Sol project in Chile’s Atacama region would rank among the world’s 10 largest producing…
Kidnappers kill 13 guards at Peru mine
Thirteen security guards kidnapped from one of Peru’s largest gold mines were found dead on Sunday, in a brutal incident underscoring the worsening security crisis in the country’s Amazonian Pataz…