Barrick eyes over $2B in financing for Reko Diq
Barrick Gold (TSX: ABX; NYSE: GOLD) plans to secure more than $2 billion (C$2.84 billion) in financing for its Reko Diq copper and gold project in Pakistan, with term sheets…
Freeport McMoRan
Copper price, stocks hammered as Trump tariff, China worries mount
December copper came under renewed pressure on Monday, falling some 1.7% to under US$4.23 per lb. (US$9,320 per tonne) in afternoon trading on the CME in Chicago, bringing losses since…
Top 10: Freeport-McMoRan, Southern Copper lead US miners in size, profits
Freeport-McMoRan (NYSE: FCX) and Southern Copper (NYSE: SCCO) top the list of U.S. mining companies by market capitalization and net income as two titans of the copper sector. Freeport-McMoRan is…
Codelco eyes 10% stake in Teck’s QB copper mine
Chile’s state-owned copper giant Codelco is considering acquiring a 10% stake in Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) Quebrada Blanca copper mine, currently held by state mining firm Enami,…
Freeport enters earn-in on Max Resource’s Cesar copper-silver project in Colombia
U.S. copper giant Freeport-McMoRan has invested US$1.6 million in Max Resource (TSXV: MAX) in return for the chance to earn a stake in the junior’s Cesar copper-silver project in northwestern Colombia….
Anglo American copper assets worth US$35B: analyst
BHP’s (ASX, LSE, NYSE: BHP) bold move last week to approach Anglo American (LSE: AAL) with an unsolicited US$39 billion takeover offer has as its main objective to grab copper…
Thesis Gold gains on new resource hiking Lawyers-Ranch tonnage in B.C.’s Toodoggone area
Thesis Gold (TSXV: TAU; US-OTC: THSGF) says an updated resource at the combined Lawyers-Ranch gold silver project in British Columbia increases the tonnage by nearly a third compared with a 2022…
Freeport, Barrick, Newmont among winners in nearly US$500M for clean energy
The Biden administration is granting almost half a billion dollars to clean energy projects run by Freeport-McMoRan (NYSE: FCX), the Nevada Gold Mines partnership of Barrick Gold (TSX: ABX; NYSE: GOLD)…
JV Article: Kenorland has two greenfields discoveries under its belt
Since a group of four geologists in their thirties created Kenorland Minerals (TSXV: KLD; US-OTC: KLDCF) in 2016, the junior explorer has staked over 15,000 sq. km — roughly the…
Freeport-McMoRan names Kathleen Quirk as CEO
Freeport-McMoRan (NYSE: FCX) has announced its longstanding chief financial officer, Kathleen Quirk, will become the copper, gold and molybdenum miner’s president and CEO, effective as of June 11. Quirk will…
Alamos Gold fell victim to cyberattack last year – report
Alamos Gold (TSX: AGI; NYSE: AGI) fell victim to a cyberattack last year that saw confidential corporate data get disclosed to the public, according to an exclusive scoop by Toronto-based…
CMS: Ex-Teck CEO Lindsay touts coal sale to boost stock
Don Lindsay, who led Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) for 17 years, backed the company’s case behind selling coal assets to recoup billions in valuation. Teck’s Quebrada Blanca 2…