US, Orion, Abu Dhabi plan $5B mining fund
The United States government has teamed up with Orion Resource Partners and Abu Dhabi’s ADQ to create a $1.8 billion fund to invest in critical minerals – another step in…
Copper
Antofagasta trims forecast as copper output inches up
Chilean miner Antofagasta (LSE: ANTO) reported a modest 1% rise in third-quarter copper output on Thursday and warned that full-year production will likely land at the lower end of its…
Eldorado $1B Skouries mine in Greece nears finish line
Canada’s Eldorado Gold (TSX: ELD; NYSE: EGO) is moving closer to opening its Skouries copper-gold mine in northern Greece, with first output expected in early 2026 and commercial production by…
Colombia deals new blow to contentious $1.4B AngloGold copper project
Colombia’s National Mining Agency (ANM) has rejected AngloGold Ashanti’s (JSE: ANG; NYSE: AU; ASX: AGG) request to suspend its contractual obligations for the stalled $1.4-billion Quebradona copper-gold project, deepening the…
Peru OKs Southern Copper’s $1.8B Tía María
Southern Copper (NYSE, LSE: SCCO) has secured a long-awaited licence for its $1.8-billion Tía María copper project in Peru, marking a major step forward after years of social unrest and…
Appian, World Bank unit start $1B critical minerals fund
U.K. private-equity firm Appian Capital Advisory is teaming up with the World Bank-owned International Finance Corporation (IFC) to start a $1-billion critical minerals, metals and mining fund that will be…
Congo rebels steal $70M in gold from Twangiza mine
Rebels occupying Twangiza Mining’s gold concession in eastern Democratic Republic of Congo (DRC) have reportedly looted at least 500 kg of bullion, worth about $70 million at current prices, the…
Arizona Sonoran soars on new copper ranking
Arizona Sonoran Copper (TSX: ASCU; US-OTC: ASCUF) shares shot to a historic high Monday after it released a study showing its Cactus project could be the third largest cathode producer…
Friedland says global economy faces copper crisis
Global demand for copper is accelerating toward levels that could outstrip supply within two decades, creating what industry veteran Robert Friedland calls a once-in-history challenge for the world economy. Over the next…
Anglo American, Arc Minerals end Zambia venture
Anglo American (LSE: AAL) and junior partner Arc Minerals (LSE: ARCMA) have ended their copper and cobalt exploration joint venture in Zambia by mutual agreement, marking the close of Anglo’s…
Government equity in miners becomes U.S. norm
The Trump administration is ratcheting up government ownership in mining companies that are nominally Canadian, raising questions about whether Ottawa plans similar investments. Trump has ordered his Department of War…
New Ontario rules aim to speed up mine approvals
Ontario has introduced rules designed to cut mine approval times by half – a move that Energy and Mines Minister Stephen Lecce insisted will make the province more competitive in…