Barrick’s Reko Diq to generate US$74B over 37 years
Barrick Gold (NYSE: GOLD) (TSX: ABX) said on Monday its half-owned Reko Diq copper and gold project in Pakistan is projected to generate approximately US$74 billion in free cash flow…
Gold
O3 Mining investor knocks Agnico offer
A minority shareholder in O3 Mining (TSXV: OIII) is urging Agnico Eagle Mines (TSX: AEM; NYSE: AEM) to sweeten its all-cash offer for the company, saying the current proposal significantly undervalues…
GoGold sees Los Ricos South permits in March
GoGold Resources (TSX: GGD; US-OTC: GLGDF) says a new feasibility study shows the Los Ricos South (LRS) project in Mexico would cost US$227 million to build and provide a 28%…
Robex extends Mali mine as it plans exit
Robex Resources‘ (TSXV: RBX) Nampala gold mine in Mali has enough new mineral reserves to extend its life by six months, according to an updated technical report. The mine in…
London Symposium JV Video: Onyx Gold advances exploration with high-grade hits in Timmins
Onyx Gold’s (TSXV: ONYX) drills continue tracing high-grade gold at its Munro-Croesus property in Ontario’s Timmins Gold Camp that has produced over 70 million oz. gold. CEO Darwin Green says…
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…
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…
South Africa mine rescue ends with 246 saved, 78 dead as illegal mining crisis mounts
South African authorities have concluded a week-long rescue operation at the abandoned Buffelsfontein gold mine, recovering 246 survivors and 78 deceased illegal miners, locally referred to as ‘Zamazama.’ The operation…
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…
London Symposium JV Video: Quebec’s clean energy, innovation, incentives
Quebec supports mining with hydro-power, streamlined permits and beneficial tax policies, an adviser to the province says. Early government action gives it an edge in the energy transition, Jonathan LaFontaine,…
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…
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…