Coeur Mining buys New Gold for $7B
Coeur Mining (NYSE: CDE) is acquiring Canada’s New Gold (TSX: NGD) in an all-stock deal valued at about $7 billion, creating a new North American mining heavyweight amid record gold…
Canada
Freeport expands BC’s AuRORA with near-surface grades
Freeport-McMoRan (NYSE: FCX) has extended the AuRORA copper-gold-silver discovery made by partner Amarc Resources (TSXV: AHR; OTCQB: AXREF) in British Columbia. A batch of long, near-surface intercepts released on Monday…
Glencore, Quebec refute smelter shutdown report
Glencore (LSE: GLEN) and Quebec have denied a Reuters report that the company was planning to shut down its Horne smelter in the province — Canada’s largest copper-metal producing plant…
Teck’s QB upturn bodes well for $53B Anglo merger
Teck Resources (TSX: TECK.A, TECK.B; NYSE: TECK) said on Monday its Quebrada Blanca (QB) mine in Chile is showing signs of recovery, following months of underperformance that raised questions about…
Gold Fields pays $50M for 12% of Founders Metals
Gold Fields (NYSE, JSE: GFI) agreed to pay about $50 million (US$36 million) to become the biggest shareholder in Founders Metals (TSXV: FDR; US-OTC: FDMIF), which is developing the Antino…
Canada backs critical minerals projects worth $6.4B
Canada’s federal government unveiled plans to support 25 new investments it says will help to unlock some $6.4 billion (US$4.6 billion) of critical minerals projects tied to the production of…
Fresnillo enters Canada with $780M Probe Gold buy
Mexican precious metals miner Fresnillo (LSE: FRES) is acquiring Canada’s Probe Gold (TSX: PRB) for $780 million (US$556 million) in cash, marking the company’s first entry into North America. Fresnillo…
Site visit: Revival Gold shows ‘exploration sizzle’ in Idaho
BOISE, Idaho – An underground discovery hunt in central Idaho could shuffle Revival Gold’s (TSXV: RVG; US-OTC: RVLGF) development queue, CEO Hugh Agro said this week on a site visit….
Fortuna boosts underground potential in Côte d’Ivoire
Exploration drilling at Fortuna Mining’s (TSX: FVI; NYSE: FSM) Séguéla open-pit mine in Côte d’Ivoire improves the odds of an underground operation at the Sunbird deposit, the company said. Hole SGRD2434…
JV Q&A: Emperor Metals eyes next Quebec step with AI
Emperor Metals’ (CSE: AUOZ; US-OTC: EMAUF) is carving out its place in Quebec’s Southern Abitibi Greenstone Belt – one of the world’s richest gold regions – by combining geological expertise…
China to suspend new REE export controls for 1 year
China agreed to suspend a planned expansion of export controls on rare earth elements (REE) for a year after U.S. President Donald Trump struck a broad trade deal with his…
Ivanhoe profit shrinks on copper mine disruption
Shares in Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) fell on Thursday after disruptions at its flagship copper mine knocked third-quarter results. For the three months to Sept. 30, the Vancouver-based…