G Mining greenlights $973M Guyana gold mine
Canada’s G Mining Ventures (TSX: GMIN; US-OTC: GMINF) said it’s going ahead with construction of the $973 million Oko West mine in Guyana that’s expected to start pouring gold in…
South America
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…
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…
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…
Video: Equinox turns from building to earning
Equinox Gold (TSX, NYSE-A: EQX) is pivoting from a construction phase to cash generation on the back of two Canadian start-ups, Executive Vice-President for Capital Markets Ryan King says. Greenstone…
Vale drops plan to build Quebec nickel sulphate facility
Brazilian miner Vale (NYSE: VALE) has scrapped plans to build a C$325 million ($231 million) nickel sulphate facility in Quebec after its sole client put an expansion project on ice….
Endeavour Silver jumps on Terronera production start
Canada’s Endeavour Silver (TSX: EDR; NYSE: EXK) began commercial production at its Terronera silver-gold mine in Mexico, a milestone that analysts say should pave the way for output and cash…
Capstone sells Chile projects stake to Orion for $360M
Canada’s Capstone Copper (TSX: CS; ASX: CSC) has struck a deal valued at up to to $360 million (C$506 million) with Orion Resource Partners, granting the private equity firm a…
Fitch lifts 2025 copper price forecast
Fitch Solutions’ Business Monitor International (BMI) has raised its 2025 average copper price forecast to $9,650 per tonne, up from $9,500 previously, as persistent supply disruptions and resilient industrial demand…
First Quantum disputes La Granja is ‘blocked’
First Quantum Minerals (TSX: FM) has pushed back against claims that its La Granja copper project in northern Peru is stalled due to public opposition, calling the allegations outdated and…