Allied Gold surges on lower costs, output forecast
Allied Gold (TSX: AAUC, NYSE: AAUC) soared to an all-time high on Wednesday after the company reported its preliminary results for the third quarter of 2025, showing production in line…
Africa
Fortuna soars on fast repay plan for Senegal gold project
Fortuna Mining (TSX: FVI; NYSE: FSM) says a preliminary economic assessment (PEA) for the Diamba Sud gold project in Senegal shows the Canadian miner could recoup its investment in less than…
Loncor agrees on $261M sale to China’s Chengtun
Canadian explorer Loncor Gold (TSX: LN; US-OTC: LONCF) agreed to be acquired by Chengtun Mining Group for about $261 million cash in a deal that will hand control of a…
South Africa state raises Sibanye stake above 20%
Public Investment Corp. (PIC), South Africa’s state-owned asset management firm, has raised its shareholding in Sibanye-Stillwater (JSE: SSW; NYSE: SBSW) to above 20%, further cementing its states as the miner’s…
RANKED: Top 20 biggest copper mines 2025
The copper price hit a new 16 month high in London this week, while BHP (NYSE, LSE, ASX: BHP) is predicting global copper demand to grow by at least a…
Anglo draws Botswana into $5B De Beers sale talks
Anglo American (LSE: AAL) CEO Duncan Wanblad said Botswana’s government will join negotiations with one or two shortlisted bidders for De Beers, as the mining giant moves to sell its…
Video: B2Gold rerating hinges on Goose, Mali permit
B2Gold (TSX: BTO; NYSE-A: BTG) expects a market rerating after achieving commercial production this week at Goose in Nunavut and as it works to secure a key permit in Mali,…
NexMetals drills wide copper-nickel zones in Botswana
NexMetals Mining (TSXV, Nasdaq: NEXM) on Tuesday said four new holes in its 12-hole metallurgical program at the past-producing Selkirk copper-nickel–platinum mine in Botswana returned broad, near-surface mineralization, supporting a…
Predictive, Robex reach $1.5B deal to create Guinea-focused gold miner
Australia’s Predictive Discovery (ASX: PDI) and Canada’s Robex Resources (CVE: RBX)(ASX: RXR) agreed to merge in an all-share deal worth A$2.35 billion ($1.55 billion) that would create a new Guinea-focused…
Barrick CEO exit could spur asset sales, M&A: analysts
Leadership changes at two of North America’s biggest miners open the door to asset sales and even a potential takeover of Barrick Mining (TSX: ABX; NYSE: B), analysts say. On…
Caledonia weighs phased Bilboes build, CEO says
Zimbabwe-focused Caledonia Mining (LSE, NYSE American: CMCL) is to decide by year-end whether to build the Bilboes project in phases – potentially halving the original plant size to curb equity…
Fatal accident forces WCS to halt iron site at Simandou
Winning Consortium Simandou (WCS), the company that’s developing Blocks 1 and 2 of the massive Simandou iron ore project in Guinea, has halted operations after a fatal accident killed three…